Alberta Real Estate Tutor

Is a Mobile Home a Condominium in Alberta? 🏡 | Key Differences Explained In this short Q&A clip, Raman explains why a mobile home is not considered a condominium under Alberta real estate law — and how ownership works differently. Here's what you'll learn in this session: 🏠 A mobile home park is typically owned by an investor or single owner. 📍 Each site is leased to the mobile home owner — mea...

Condo Classifications in Alberta | Conventional, Bare-Land, Bare-Land Built-Out & Barely Blended 🏢🏡 In this Q&A session, Raman breaks down the four main types of condo classifications in Alberta real estate and how they work in practice. Here's what you'll learn in this clip: 🏢 Conventional Condos — Unit boundaries defined by walls, floors, and ceilings. 🌿 Bare-Land Condos — Ownership of land...

Low Co-operating Commission in Real Estate | How to Handle It as a Buyer's Agent 💼🏡 In this Q&A clip, Raman breaks down a very real scenario many REALTORS® face in Alberta — when the co-operating commission offered by the seller is lower than the fee agreed to with the buyer. Here's what you'll learn in this session: 💰 What happens when the seller is paying less than your agreed-upon fee. 🤝 Ho...

Transferring the Land Title in Alberta | Costs, Taxes & Legal Steps Explained 🏡 In this Q&A excerpt, Raman explains what happens when you transfer the land title of a property in Alberta — whether it's between family members, partners, or other ownership changes. Here's what's covered in this quick session: 💰 Capital Gains Consideration — If the property value has increased since purchase, you m...

Key Hand-Off on Possession Day | How the Final Step Works in Alberta Real Estate In this short Q&A clip, Raman explains how the key hand-off works on possession day in a typical Alberta real estate transaction. Once the buyer's lawyer sends the funds to the seller's lawyer and the funds are confirmed in trust, the seller's lawyer notifies the seller's agent that the keys are releasable. From there...

What Happens to the Deposit When a Real Estate Deal Falls Through in Alberta 💰 🏡 In this Q&A clip, Raman explains one of the most common questions buyers have — what happens to the deposit if the deal doesn't go through? Here's what's covered in this session: 💵 Before Condition Removal — If conditions like financing or inspection aren't satisfied, buyers can back out legally and get their depos...

The Warranties Section of the Purchase Contract Explained | Alberta Real Estate Q&A In this Q&A session, Raman breaks down one of the most important sections of the Alberta Residential Purchase Contract — Warranties and Representations. This section outlines what the seller is guaranteeing to the buyer, including: 🏡 Legal right to sell the property 📄 No outstanding liens or encumbrances on inclu...

Real Estate Conflict of Interest Explained | 2 Must-Know Scenarios for Agents What does a conflict of interest really look like in real estate? In this video, Raman from the Alberta Real Estate School walks you through two real-life scenarios every agent should understand: 1️⃣ When a realtor represents a seller and an unrepresented buyer wants to make an offer. 2️⃣ When the same agent represents b...

Straight from the parking lot of victory! 🚗✅ One of our amazing students just crushed the Practice of Mortgage exam—and couldn't wait to jump on our Live Q&A Zoom to share his excitement. His words? "I was over-prepared. The exam felt easy after going through the Alberta Real Estate School's Study Guide." 💪 📚 We love seeing students succeed—and even more when they feel confident walking in and...

What does "fee simple" really mean in Alberta real estate? It's the most common form of land ownership — but students often get confused by the legal wording. In this quick explainer, we cover: What fee simple ownership means under Alberta's Land Titles Act  Why it's considered the highest form of land ownership The difference between fee simple and other types of interests (like leasehold or life...

Exercise care and skill" — sounds simple, right? But what does it really mean in day-to-day real estate practice in Alberta? In this video, we break it down: What RECA expects when it comes to this general obligation Examples of how a realtor demonstrates care and skill in their work Common mistakes that show lack of care — and could lead to complaints Why it matters for consumer protection and yo...

As a mortgage broker, how well do you understand the appraisal process? It's not just a formality — a low appraisal can kill a deal or reduce the mortgage amount your client qualifies for.   In this video, we cover:   What an appraisal actually is (and who orders it)   What happens when the appraisal comes in lower than the purchase price   The difference between lender-ordered vs. client-ordered...

Does the owner of a real estate brokerage in Alberta need to be a licensed broker? The short answer: No. But the long answer explains how it actually works behind the scenes. 🏢   In this video, we break down:   The difference between a brokerage owner and a real estate broker   Why the broker of record must hold a broker licence, but the owner does not   How RECA regulates brokerages and who's le...

Transfer of mortgage" and "assignment of mortgage" — aren't they the same thing? Not in Alberta! And knowing the difference could save you (or your clients) from making the wrong assumptions. 🏦 In this quick explainer, we cover: The definition of both transfer and assignment How assignment of mortgage is typically used in Alberta Who typically initiates each, and what each one allows 💡 Perfect f...

Are you helping a family member buy or sell real estate? As a licensed agent in Alberta, there's one major rule you must follow: disclose your relationship to the other party — in writing. 🛑   In this quick video, you'll learn:   Why representing a family member creates a conflict of interest   What RECA and the Real Estate Act require   How and when to disclose — so you stay compliant   What hap...

When you write a real estate offer, how much time should you give for conditions and conveyancing? It's a question that trips up new agents — and one that really matters when you're on deadline. ⏳  In this video, we cover: What a typical lead time looks like in Alberta purchase contracts How long to allow for financing, condo doc review, inspections, and lawyer conveyancing The risk of setting ti...

Can someone pull your land title without permission? Short answer: yes — anyone can. In this video, we break down: Why land titles are public record in Alberta What kind of information is visible on a land title (owner name, legal description, liens, etc.) How this applies in real-life situations — like renting a basement suite Why a potential renter might request it — and why you can't stop them...

Tenancy-in-common vs. the Dower Act — are they connected? A lot of Alberta real estate students get tripped up by this... but the answer is simpler than you think. In this video, we clear up the confusion: What tenancy-in-common actually means Why it doesn't automatically trigger Dower rights When the Dower Act applies (and when it doesn't) How to avoid mixing up ownership types with Dower protect...

What happens after conditions are waived? And how does your commission actually get paid out? In this video, we break down the conveyancing process from the brokerage's perspective, so you understand: What happens behind the scenes after conditions are waived ✅ How your deal paperwork flows through the brokerage When and how your commission gets disbursed Why proper documents = faster payment Wha...

As a realtor, should you be reviewing the condo documents for your client? Yes — but only to a point. 👀 In this video, we cover: What your role is as a licensed Alberta real estate professional when condo docs are delivered Why it's crucial to have a lawyer or professional condo doc reviewer assess them before waiving the condition How waiving too early — without expert review — can put your clie...

Why Are They Selling?" | What REALTORS® Can (and Can't) Say   "So… why are they selling?" It's a common question buyers ask — but how you answer can make or break your professional conduct.   In this video, Raman from Alberta Real Estate School explains why disclosing a seller's motivation can cross ethical and legal lines — and what you, as a REALTOR®, can say instead. Learn how to respond withou...

Should you write the 24-hour walkthrough as a term or a condition in your real estate contract?  🤔 In this video, we break down one of the trickiest exam (and real-life!) questions Alberta real estate students face — and explain why getting it wrong could kill your deal. 💡 You'll learn: The key difference between a term and a condition Why a 24-hour walkthrough should be a term How conditions wo...

What To Expect On Your Practice Of Residential Real Estate Exam (Alberta) Want to become a licensed residential real estate professional in Alberta? This video walks you through the Practice of Residential Real Estate Exam, so you know exactly what to expect. ✔️ Format and structure of the exam ✔️ What topics to study ✔️ Time limits and scoring ✔️ Real-world tips to prepare ✔️ What to bring on exa...

What To Expect On Your Practice Of Property Management Exam (Alberta)   Interested in managing residential or commercial properties in Alberta? This video explains everything you need to know before taking the Practice of Property Management Exam.   ✔️ Structure of the exam ✔️ Key focus areas and competencies ✔️ How long you'll have ✔️ Study and prep tips ✔️ What exam day looks like ✔️ Your next s...

What To Expect On Your Practice Of Mortgage Brokerage Exam   Ready to become a licensed mortgage associate? This video outlines what to expect when taking the Practice of Mortgage Brokerage Exam in Alberta. Learn how to prepare smart and pass with confidence.   Detailed breakdown of the exam Topics and competencies tested How long the exam takes Prep strategies that work What to expect on exam day...