News

Update from the Real Estate Council of Alberta

On Friday, June 10th, RECA made some important announcements that condominium managers need to be aware of (the following information is from RECA’s e-news update):

“RECA’s Residential Property Manager Industry Council will now allow conditional condominium manager associate licensees the opportunity to extend the deadline to complete their licensing courses to March 31, 2023. For RECA to grant the course completion extension, associate licensees must be registered in their course(s) prior to the original course completion deadline of November 30, 2022.

Condominium manager associate licensees may also request an extension to the 90-day timeframe for taking an exam after completing a course. This extension applies to both the Fundamentals of Condominium Management and Practice of Condominium Management exams.

Concerns with courses, exams, and the completion timeframe have been brought to the Residential Property Manager Industry Council’s attention over the past few months, particularly in the spring broker forums and industry engagement sessions. The Industry Council heard that with licensing courses and exams not being available on December 1, 2021, and the expectations of a busy summer ahead for the industry, the original deadlines would be difficult to achieve for some licensees. The Industry Council recognizes these concerns and has allowed for associate licensees to apply for both course and exam extensions, if needed.

In addition, learners now have three opportunities to rewrite the Practice of Condominium Management exam, if necessary, free of charge.The cost of the initial exam will remain the same at $235, however learners will now receive three free rewrites before they must re-enrol to take the Practice of Condominium Management course again.

Please note this additional exam attempt is not available for the Fundamentals of Condominium Management or Condominium Management Broker Program courses.

Conditionally licensed condominium managers must complete the course(s) that have been listed on their conditional licence. To learn which courses and exams are required based on your circumstances, please login to your myRECA account and go to the Licensing tab. Brokers can also view the education status of their associates by viewing the Condo Education Report on their My People page. The courses required will be displayed. Thank you to all the licensees who have completed their requirements to date!

Policies for exam challenges remain unchanged. If licensees choose to challenge the exams, they will only be permitted one challenge attempt. If not successful, challengers will need to enrol in the necessary course(s) by the deadline of November 30, 2022 and would be eligible to request an extension to complete their course(s) by March 31, 2023.

Practice exams remain available to learners and challengers at a cost of $65 per attempt. For more detailed information on practice examinations please visit reca.ca.

Those who wish to take a challenge or practice exam or request a course or exam completion extension, should please contact education@reca.ca.”

These changes come after the Industry Council heard concerns raised by brokers, CCI, and course providers over the concerns with courses, exams, and the completion timeframe. Thank you to everyone who reached out to CCI and to the Industry Council to share their feedback.