Professional Conduct Reviews and Right Touch Regulation

Flashcards on Professional Conduct Reviews and Right Touch Regulation in Real Estate

Real Estate Licensee/Brokerage Responsibility

To have resources, knowledge, and skills to serve clients competently and act ethically.

RECA's Role in Professional Conduct

Setting and enforcing rules that establish standards of practice and conduct of business within the real estate profession.

Goal of Professional Conduct Reviews

Maintain transparency, accountability, and objectivity while being even-handed, fair, and transparent.

Right Touch Regulation

An approach where compliance is consistent, proportionate, effective, transparent, and timely.

Triggers for Professional Conduct Review Referral

Evidence of intent/recklessness, similar prior concerns, or public safety risk (e.g., unlicensed practice).

Triggers for Referral to the Office of the Registrar

Improper licensing application, improperly sworn affidavit, or incorrect 'YES' suitability answer.

'Right Touch' Approach Focus

Providing information, advice, and suggesting changes in future behavior for professional compliance and consumer protection.