The Real Estate Council of Alberta (RECA) is the independent governing body for Alberta’s real estate brokerage, mortgage brokerage, property management, and condominium management licensees. Alberta is one of the few North American jurisdictions where real estate sectors are fully self-regulated. Self-regulation is a privilege granted in the public interest and for the public good. Licensees must meet certain criteria to enter the industry. They’re required to comply with the Real Estate Act Rules, the standards of practice for competently assisting the public of Alberta in buying, selling, or managing a property or condominium, or obtaining a mortgage.