Which of the following is a responsibility of RECA?

RECA, the Real Estate Council of Alberta, has various responsibilities, one of which is to handle professional conduct reviews. This role is crucial as it ensures that real estate professionals adhere to regulatory standards and engage in ethical practices. By conducting these reviews, RECA protects the public interest and maintains high standards within the real estate industry.

The other responsibilities, while important aspects of the real estate industry, fall outside the scope of RECA's direct functions. For example, facilitating real estate transactions typically involves the actions of real estate agents and brokers rather than the regulatory body itself. Providing financing options is generally the domain of financial institutions and mortgage lenders. Similarly, managing real estate properties is a task usually performed by property managers or owners rather than regulated by RECA. Therefore, the correct answer highlights RECA's vital role in maintaining professional integrity within the global standards of real estate practice.