Alberta Real Estate Tutor

In Alberta, negligent and reckless misrepresentation involve providing false or misleading information during a real estate or mortgage transaction, but they differ in the degree of carelessness.   Negligent misrepresentation occurs when a professional gives incorrect information while believing it to be true, but fails to exercise reasonable care to verify its accuracy.   Reckless misrepresentation is more serious. It happens when a professional makes a statement without bothering to verify it at all, showing a complete disregard for whether it's true or false.   Both can mislead clients, cause financial harm, and lead to disciplinary action or legal consequences under the Real Estate Act.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Pulling a property title is an important step in representing both buyer and seller clients. For a seller, the title should be pulled early in the listing process to confirm ownership, identify any registered encumbrances, and ensure accurate property details. For a buyer, the title is typically pulled only when the client is ready to make an offer. This ensures the information is current and allows the buyer to review any liens, easements, or caveats that may affect their decision or conditions in the offer. Regular title checks are not necessary unless there's a specific concern or delay in the transaction. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Industrial parks are specially designated areas within a city planned for industrial and manufacturing activities. Municipalities create industrial parks to organize land use, support economic development, and separate heavy or noisy activities from residential and commercial areas. Typical land uses in industrial parks include warehousing, manufacturing, logistics, distribution centers, and utility services. These parks are often located near major highways, rail lines, or ports to support transportation needs. Cities often include a buffer zone—such as green space, fencing, or roads—between industrial parks and nearby residential or commercial areas to minimize noise, traffic, and environmental impacts on surrounding communities. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

When a REALTOR® is selling the property of a loved one—such as a spouse, parent, or close relative—they must disclose this relationship to all parties involved in the transaction. This is because it creates a potential conflict of interest. Full disclosure ensures transparency and maintains public trust in the real estate process. Under the Real Estate Act Rules in Alberta, the REALTOR® must inform both their brokerage and any prospective buyers (or their agents) that they have a personal interest in the property. This disclosure must be made in writing and as early as possible in the transaction. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Here's a short video taken from our school's exclusive zoom sessions where students can ask their burning questions. Just one of the benefits of choosing The Alberta Real Estate School!   When a property owner receives a notice from the city—such as a weed notice, unsightly premises notice, or cleanup order—it is typically registered against the property, not the individual. This means the notice stays with the property, even if ownership changes.   If the property is sold before the issue is resolved, the new owner becomes responsible for complying with the notice and any associated costs. It's important for a buyers REALTOR to review municipal compliance during due diligence, as unresolved city notices can result in enforcement actions or added costs after possession. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Thinking of buying or selling a home in Alberta? In this video, we walk you through a complete real estate transaction—from mortgage pre-approval to key handoff! Whether you're a future homeowner, aspiring realtor, or mortgage professional, this real-world example will help you understand the roles of the buyer, seller, realtor, and mortgage broker. We'll cover: ✅ Getting pre-approved for a mortgage ✅ Working with a real estate professional ✅ Making an offer and negotiating terms ✅ The mortgage approval and underwriting process ✅ Conditions, home inspection, and appraisals ✅ Lawyer involvement and final paperwork ✅ The key handoff and closing day! Perfect for students of real estate in Alberta, or anyone curious about how the real estate process works from start to finish.

What is a lawful instruction? What is an unlawful instruction? As a realtor we need to understand the difference. It's our duty to our client that we obey their instructions. That being said, it's also our duty to understand what an unlawful instruction is. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Let's talk about the search for a brokerage again. It really is an important topic as you need the right fit for you! Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

The road can be bumpy and students can feel overwhelmed with balancing life and learning. At The Alberta Real Estate School we try to support our student any which way we can.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

It can be a fine line between the proper and the improper...as good real estate agents we need to make sure we don't fall into the avoidable!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

Are Realtors Eligible For Employment Insurance? It's a common question that new licensees have. Let's take a minute to discuss it. Did you find this topic enlightening? These type of one on many face to face sessions separate our students from the competition. It's our commitment to their success. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Big decisions are ahead once you graduate from hopefully our school. This was a session where Raman talks about that decision making process. These sessions give our students the leg up they need to succeed in the industry. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Are Realtors Eligible For Employment Insurance? It's a common question that new licensees have. Let's take a minute to discuss it.   Did you find this topic enlightening? These type of one on many face to face sessions separate our students from the competition. It's our commitment to their success.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Let's get the concept of 'Title Insurance' straight. There's two types and you as a real estate agent need to be able to advise your clients as to when it becomes an option.   These types of interactions make The Alberta Real Estate School the leader in Alberta for giving our students a leg up on the competition!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

The journey to understanding the Purchase Contract is met with many concepts. Terms and conditions are two of the most important. Let's take a deep dive from one of our past Q&A Sessions. These Zoom Sessions give our students a leg up in their education and their journey to become licensed professionals in their respective fields!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Rural addresses can be difficult to read and interpret. Raman goes through the sections and what they mean. She also drops an easy way for you to remember and memorize. These one on many Q&A Sessions give our students the leg up on the competition! Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

RMS and Additions #realestateeducation #realestate #realestatesuccess If you make an addition to your property does it get included into your above grade square footage? What the exact criteria that applies to this question? Also how do we deal with a vaulted ceiling when dealing with RMS measuring? This is a jam packed video talking about these points and much more... Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Inclusions and exclusions. HUGE...and we mean HUGE part of a purchase contract in Real Estate. Here Raman goes through a complete explanation of these two concepts.   In our schools Q&A Sessions our students get the benefits of this type of interaction and learn the important concepts that leads to success!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

CONTRACTORS EMPLOYEES AND THE GST    Certainly it can be confusing on how we as professionals are treated in our industry in regards to tax purposes. How does RECA view us? How does the government view us? In this past Q&A Session our students learned this important concept. The Alberta Real Estate School prides itself on providing these Zoom Sessions to clarify these concepts and set our students up for success.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.   We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta!   : www.albertarealestateschool.com   : 587-936-7779     #realestateschool #realestate #becomearealtor #albertarealestate

Here's an excerpt from a past Q&A Session talking about Title Insurance and Title Fraud. There are a lot of misconceptions on what Title Insurance covers. Here Raman explains it simply.   These type of interactions help our students pass their RECA Exams and become productive realtors in the Alberta market!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta!   : www.albertarealestateschool.com   : 587-936-7779   #realestateschool #realestate #becomearealtor #albertarealestate

As a realtor there's a specific sequence we need to follow when working with clients or customers. Depending on how we move forward our obligations and duties can vary. But when do we get agreements signed. At what point in the process do we present them?   These are the types of topics we tackle in our weekly Q&A Sessions where our students get a leg up on the competition!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

REMEDIES FOR BREACH OF CONTRACT #realestateeducation #realestate Sometimes the unfortunate happens. A contract is formed...a deal is done and signed...but for some reason one party backs out. There's repercussions when this occurs. Certainly if there is a loss, parties want to recoup. Raman discusses all the possible outcomes if a contract is breached in this video. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Real Estate Licensing | All Aspects And Timelines For Renewal #realestateeducation #realestate September 30th...remember this date. Do you understand the importance of it? How will it effect you as a realtor in the real estate industry? Raman gives insight on the topic and potential strategy for you to do an educated entry into the realty market if you're new to the industry. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Extrapolation In RMS | Understanding The Principals #realestateeducation #realestate  This is one of the most common questions from students. Measuring properties and understanding the rules set forth by RECAs Residential Measurement Standard (RMS) can be confusing. Here Raman explains the concept of extrapolating measurements to ensure that we as realtors are conveying the accurate information to our clients. Start your career in Real Estate today!  Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

PERSONAL PROPERTY SECURITY ACT | Who Does It Protect And Why? #realestateeducation #realestate   If in the event an individual loses their property and the bank is forced to sell to recoup their money, how is the individual protected? How is the bank protected? Do you understand how the Personal Property Security Act applies in this circumstance?   Raman delves into the topic in one of our schools Q&A Sessions. Clarifying these types of topics in this forum help give our students an advantage when attempting their RECA exams and becoming licensed.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

While adjustable and variable rate mortgages are very similar, there are slight differences. Do you know what they are? Here's a quick and concise explanation of the differences.   Did you find value in this video? These zoom sessions happen weekly at our school for our students. It's one of the many reasons why The Alberta Real Estate School should be your choice for your education provider in real estate, mortgage brokerage and property management.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

Property Inspections | Do You Need Them? #realestateeducation #realestate   As a realtor what's the best advice you can give your client in regards to property inspections? Are they even required to close a deal? Raman discusses property inspections and also gives personal insight and experience on what she's experienced as a realtor and property investor. Our advantage as a real estate educational provider is to have these types of sessions with students to help with these important concepts. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! : www.albertarealestateschool.com : 587-936-7779 #realestateschool #realestate #becomearealtor #albertarealestate  

It's happened before and it'll happen again. A buyer completes a purchase and finds that something they were expecting in the deal has been taken by the seller. If we as real estate agents execute on our due diligence...we'll stop this situation from ever occurring. Here Raman breaks it down and goes over the steps that will occur in this unfortunate happening.   We feel that talking these scenario based examples through with our students prepare them for the exam like no other school here in Alberta.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

Tenants In A Purchased Property | What Are The Rules? | Leases    If a property has been purchased and tenants currently live on the premises, what are the rules. What is a realtors responsibility? What guidelines must be followed?  Raman explains this scenario in it's entirety. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Referrals. Absolutely allowed but only in the right circumstance. Obviously always done through the brokerage...but when can it be not allowed? Can you recognize that situation? In this video Raman addresses this scenario.   This is another example of The Alberta Real Estate Schools Q&A Sessions which aid in the learning of our students.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

So you go to a listing and you see or suspect the presence of a foundation crack. This is a very specific material latent defect that needs to be addressed. What do you do as a realtor?   Our students benefit from group sessions where Raman is able to address questions like this one. We're along this real estate journey with you every step of the way.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Rules Regulations Bylaws and The Act | The DIFFERENCES #realestateeducation #realestate   It's very important right from the start for students to understand the fundamental differences between the RULES, REGULATIONS, BYLAWS and the ACT itself. They're what regulate our industry and our professional conduct as licensees. But specifically on a case by case basis...how do they work? Raman explains...   These weekly Q&A Sessions are offered to our students to help them in their studies and clear up these sticky concepts. Our students love the results.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

So you're looking at a title of a property and you notice that the value and the consideration is different. How can this be? Here Raman explains this specific situation and when it can occur.   This excerpt is from one of our past Q&A Sessions. Our students gain a huge benefit from these zoom sessions as it clears up any little questions they may have. One of the many benefits of choosing The Alberta Real Estate School to be your education provider.     Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Mortgage Associates As An Intermediary | How The Process Works #realestateeducation #realestate   A very important concept as a mortgage professional is to understand your responsibilities to parties and the role of being an intermediary.   Our students find these Q&A Sessions to be extremely helpful in their studies.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Here's an interesting situation. You're selling your own property and an unrepresented individual wants to make an offer...what do you do? Is there a conflict of interest if you represent them too? What about just advising them? How much liability is present in a situation like this? Raman breaks it down...   Our weekly Q&A Sessions provide students with this valuable one on one time that helps their education immensely. One of the many reasons why choosing The Alberta Real Estate School is the right decision.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.    

Inducements and Brokerage Liability | The RULES We Must Follow As Realtors #realestateeducation In the end, the brokerage will guide you as a realtor. The rules we have to follow are clearly defined by brokerages as in the end, they'll be the ones on the line. Raman speaks to this topic and explains how this applies to realtors. Start your career in Real Estate today!  Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

The last thing we would ever want to happen is for a deal to fall through because of our negligence. Here's a quick discussion on the topic of timelines for disclosures. Our students benefit greatly from our sessions over zoom and is one of the advantages The Alberta Real Estate School offers. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! : www.albertarealestateschool.com : 587-936-7779 #realestateschool #realestate #becomearealtor #albertarealestate

Incentives and Inducements | The DIFFERENCES   You as the realtor need to understand what you can and can't do in regards to gifting with your clients and trying to seal the deal. There's very specific rules in this regard. Raman explains the difference between the concepts of 'INCENTIVES' and 'INDUCEMENTS' and what you need to know. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

It's easy to get confused when we're discussing with our seller clients names being present on the properties title and consent to actually sell. In one of our past weekly Q&A Sessions Raman talks about this topic and helps clarify it.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

You've Passed Your RECA Exams | Now What? | What Do I Do Next? | #realestateeducation #realestate You've officially passed you RECA exams. Congratulations! But what now? Did you know that the clock to find a brokerage officially starts ticking once you've become licensed? This concept and others are explored in this video as Raman explains what's required of you during this exciting time.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Fraud For Profit and Fraud For Housing | UNDERSTAND The Concepts #realestateeducation #realestate   Fraud For Profit and Fraud For Housing | UNDERSTAND The Concepts #realestateeducation #realestate We'd all like to live in a world where fraud doesn't exist. Sadly this isn't the case. If there's one message in this video that we should remember it's, "Fraud is fraud." While Raman talks about the types of fraud you may see as an agent, it's important to realize that they're equally bad. Raman negotiates the subject here and talks about some real life scenarios. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

What Is Restrictive Covenant? | Where Can I Find It? #realestateeducation #realestate   'Restrictive Covenant' is an important concept and has implications on your client and their decision to purchase a property. Do you know where to find this information? Do you understand how it affects your client? Listen to Raman explain the concept and clear any misconceptions. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

When we're representing a seller we have the responsibility to advise on a proper selling price. How we ascertain our recommendation is by using comparable properties.   Here's a clip of one of our Q&A Sessions where Raman explains Comparative Market Analysis. These Q&A Sessions happen weekly here at the Alberta Real Estate School and it's an important way for our students to learn and interact with each other. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! : www.albertarealestateschool.com : 587-936-7779 #realestateschool #realestate #becomearealtor #albertarealestate

Title Parking Vs Exclusive Use Parking. As a realtor dealing with condominiums, one needs to understand what's included with the property. Parking is one such aspect.   Here Raman explains 'parking' spots and how to differentiate the different types.   These types of zoom interactions are one of the many extra learning medias The Alberta Real Estate School offers to its enrolled students.   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.  

Once you've become a licensed realtor the search for a brokerage begins. This doesn't have to be a stressful endeavor...but you do have to find the right fit for you. Here Raman gives her thoughts. This segment has been pulled from one of our past Q&A Sessions the school offers its students!   Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.   We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta!   : www.albertarealestateschool.com   : 587-936-7779   #realestateschool #realestate #becomearealtor #albertarealestate

GROSS INCOME MULTIPLIER (GIM) AND MONTHLY RENTAL FACTOR (MRF) | Understanding The Calculations  When you have an income producing property you need to take that into account when calculating the true value of that property. This doesn't need to be a daunting process. There's a few tricks to remember that Raman drops in this video that should make it very easy to recall the calculation. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Do You Need A Financial Background To Be A Mortgage Broker?  Interesting question. Raman shares her real life experience when she took the mortgage broker course. Her answer might surprise you. Thinking of becoming a mortgage broker? Our school offers the courses required to become successful and licensed. Here is a conversation taken from one of our weekly Q&A Sessions. Do you need a financial background to take the mortgage brokerage course? The answer might surprise you... Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.     Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Types Of Property Lots | Breaking Down Some Common Examples #realestateeducation #realestate Raman breaks down some of the types of lots you will encounter as a realtor. She freshens up her drawing skills again and draws to highlight the concepts. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Due Diligence and Signatures | Follow the Rules To Avoid Liability #realestateeducation #realestate   As realty professionals we must always do our due diligence and ask all applicable questions and in turn...get all required signatures. Here's another example where the DOWER ACT was ignored and a missing signature existed. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Liability Insurance VS Professional Liability Insurance | The Difference Many realtors make the mistake in thinking their home liability insurance will cover them professionally. Here Raman discusses the difference between home liability insurance and professional liability insurance. This topic isn't unique to just realtors. Many contractors in multiple industries make this mistake. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.

Dower Consent And Dower Release | Understanding The Dower Act   Understanding 'The Dower' Act is imperative when representing a seller. Raman speaks to the topics of dower consent and dower release.  Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments.