Opinion: Enforcement of rules needed for real estate fraudsters

Suspected fraudsters should not be allowed to sell real estate — few consumers would argue otherwise. Yet the provincial real estate regulator, the Real Estate Council of Alberta (RECA), continues to provide lifetime withdrawals to licensees suspected of fraud, despite legislative changes intended to prevent the practice. These individuals are then able to exploit the lack of regulation in new home sales to continue selling real estate with impunity.

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