20 Guaranteed sale agreement (a) Licensees engaged by sellers. if the money represents more than one unclaimed amount, a breakdown of each amount. . If a Hearing Panel has commenced proceedings in respect of the conduct of a licensee and is satisfied that the circumstances of the conduct do not justify the continuation of its proceedings respecting that conduct, the Hearing Panel may discontinue its proceedings in respect of that conduct, setting out its reasons for its decision. (i) who acquires real estate or any interest in real estate, (ii) who disposes of real estate owned by that person or in which that person has a substantial interest, or. respecting the manner in which and the times at which a bank, loan corporation, trust corporation, credit union or treasury branch must pay interest to the Foundation as required by section 69(2) and (3); respecting the circumstances under which and the manner in which the Foundation may be wound up under section 72; respecting service of documents for the purposes of section 77(2)(c); respecting an appeal of an order under section 83.2 to the Court; defining any word or phrase used in this Act but not defined in this Act; respecting any other matters that are necessary to carry out this Act. 9 Prohibitions A ministerial act is an act that the Agent performs on behalf of the Owner or Tenant after the execution of a lease or rental application; an act that assists the Tenant to complete or fulfill a lease Agreement; or an act that does not involve discretion or the exercise of the Agent's own judgment. How the Inflation Reduction Act Will Affect the Real Estate Industry The powers and duties of public officers are, in general, classified as ministerial and discretionary. "purchase", in respect of real estate, includes an exchange, an option, a lease or any other acquisition of an interest in real estate; a portable dwelling, other than a holiday trailer or recreational vehicle wholly or mainly used for recreational purposes, that. If a statement of admission of conduct is accepted, the Board shall immediately refer the matter to a Hearing Panel, and in that case the Hearing Panel shall deal with the matter as if it had been referred to it under section 39(1)(b). No action or other legal proceeding for damages lies or may be commenced or maintained against the Government of Alberta, the Council, the Board or another person as a result of a Board member, Industry Council member, member of the board of governors of the Foundation or any member, officer or employee of the Council or Foundation being dismissed or ceasing to hold office as a result of this section.
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