Skip to content
\
\
\
\
\Practice Course\ \

\Property\ Management\

\

Prepare for property management licensing requirements with training on contracts, tenant relationships, budgets, risk, maintenance, conflict, contractors, and property operations.\

\ \
\
\
\
\
\
\Cost\\$400\\
\
\Hours\\40 - 60\\
\
\Prerequisite\\Fundamentals\\
\
\Updated\\Sep 2023\\
\
\
\
\
\
\What You Get\ \

Operational training for managed properties.\

\

This program assists learners in meeting the regulatory requirements of a property management licensee in Alberta.\

\
\
\
\
1\
\

Legal and conduct context\

\

Study governing bodies, acts, regulations, contracts, landlord and tenant obligations, and property manager responsibilities.\

\
\
\
2\
\

Management operations\

\

Learn budgeting, financial reporting, tenant selection, communication, conflict management, maintenance, and contractor oversight.\

\
\
\
3\
\

Property condition awareness\

\

Cover measurement, construction, building systems, interior finishes, environmental stewardship, energy conservation, and rural property considerations.\

\
\
\
\
\
\
\ \
\
\ \
\
\
    \
  • Fundamentals of Property Management\
  • \
  • Acts, Regulations and Governing Bodies\
  • \
  • Introduction to Contracts\
  • \
  • Landlord and Tenant Obligations\
  • \
  • Property Manager Conduct and Responsibilities\
  • \
  • Assessing and Mitigating Risk\
  • \
  • Budgeting and Financial Reporting\
  • \
  • Research and Marketing\
  • \
  • Property Measurement\
  • \
  • Selecting and Managing Tenants\
  • \
  • Communication and Collaboration\
  • \
  • Preventing and Managing Conflict\
  • \
  • Documents and Contracts\
  • \
  • Offers, Counteroffers and Negotiation\
  • \
  • Construction and Industry Standards\
  • \
  • Environmental Stewardship and Energy Conservation\
  • \
  • The Building Envelope\
  • \
  • Interior Finishes and Building Systems\
  • \
  • Building Maintenance and Operations\
  • \
  • Hiring and Managing Third-Party Contractors\
  • \
  • Rural Properties: Land Descriptions\
  • \
  • Rural Properties: Utilities\
  • \
  • Rural Properties: Environmental Stewardship\
  • \
\
\
\
\
\
\
\
\
\

Learn the work behind effective property operations.\

\

Property management education connects contracts, tenants, owners, buildings, budgets, and risk.\

\Enrol Now\\
\
\
\

Gain the knowledge, skills, and confidence to launch, grow, and thrive in your real estate career.


Frame 581 (2)

Bundle & Save

Fundamentals & Practice of Residential Real Estate

$1,000

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

32 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Fundamentals & Practice
of Rural Real Estate

$1,000

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

29 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Fundamentals & Practice
of Commercial Real Estate

$1,000

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

29 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Individual Courses

Rural home on prairie at golden hour
 
New Learners Start Here
 
Learn More

Fundamentals of
Real Estate

$600

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

11 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Practice of Residential
Real Estate

$400

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

21 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Practice of Rural 
Real Estate

$400

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

18 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Practice of Commercial
Real Estate

$400

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

18 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Practice of Property
Management

$400

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

23 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

Real Estate
Broker Program

$400

The Fundamentals of Real Estate program includes 11 required units that build the essential knowledge every successful practitioner needs.

22 Lessons Exam Prep Tools Practice Questions Mock Exams
Add To Cart

WHY CHOOSE US

Artboard 1 copy 15-Dec-03-2023-05-16-51-9322-AM

Proficiency in
Real Estate

Training based on 75+ years
of real estate excellence

Smiling man with small commercial and residential buildings surrounding him

Expert-Crafted
Courses

Courses written by
industry professionals

clock coming out laptop

No Deadlines
for Completion

Flexible online learning with
no deadlines for completion

Coins surrounding residential properties

Great
Prices

Comprehensive training at
unbeatable prices

Fundamentals of Real Estate Course (Prerequisite)

Our Fundamental course is your gateway to becoming a practice-ready REALTOR®.

Elective Practice Courses


Before you dive into your Practice Course(s), you'll need to conquer the Fundamentals of Real Estate.

ARE YOU READY?

Group of individuals happily looking upwards
Smiling woman pointing downwards, floating in a cloud

WE'RE A HIT!

Smiling real estate professional in a grey blazer outside a glass office building
Area Learn · Alberta real estate licensing

Start where real estate starts.

Practical, flexible education built for Alberta learners, from your first course to your licence.

Area Learn Pathfinder Learn more

Is real estate right for you?

Find out in 35 minutes. Which sounds most like you?

Side by side

The Area Learn difference

What matters What You Get with Area Learn Area Learn Other providers
1Alberta-Built Curriculum Industry-developed courses featuring videos, interactive activities, and knowledge checks, backed by 75+ years of AREA experience.
2AI Study Support Aura AI included with every course, providing on-demand study support at no additional cost.
3Exam Preparation Practice exams and competency-based study workbooks help you identify gaps and focus your study efforts where they matter most.
4Tutoring Live 1:1 tutoring, guided by Focus Finder, provides personalized support based on your individual learning needs.
5Flexibility 100% online with no completion deadlines. Learn at your own pace.
6Value Bundle Fundamentals and Residential Practice for $900.

Built for Alberta REALTORS®
from first course to licence

11+

Fundamentals units

4

Practice course paths

6

Simple steps to begin

Licensing courses

Choose the path that matches where you want to go in your real estate education journey.

Bundle & save $100

Fundamentals + Residential

The two courses most new REALTORS® need for a first licence, in one purchase.

Fundamentals of Real Estate$600
Practice of Residential Real Estate$400

Aura AI included with both courses

$900CAD
$1,000

Get the bundle
Aura AI included with course$99 value

$400 CAD

Practice of Residential Real Estate

60–80 hoursPrerequisite: Fundamentals

Develop the practical skills and industry knowledge required to support residential real estate transactions.

21 LessonsExam Prep ToolsPractice QuestionsMock Exams
Aura AI included with course$99 value

$400 CAD

Practice of Rural Real Estate

40–60 hoursPrerequisite: Fundamentals

Move forward with the foundational knowledge and practical insights needed for rural real estate transactions.

18 LessonsExam Prep ToolsPractice QuestionsMock Exams
Aura AI included with course$99 value

$400 CAD

Practice of Commercial Real Estate

60–80 hoursPrerequisite: Fundamentals

Build your commercial foundation with industry-relevant concepts, practical tools and learning centred on real-world transactions.

LessonsExam Prep ToolsPractice QuestionsMock Exams
Aura AI included with course$99 value

$400 CAD

Practice of Property Management

40–60 hoursPrerequisite: Fundamentals

Build practical knowledge in property operations, tenant and owner relationships, contracts, budgeting, maintenance and risk.

23 LessonsExam Prep ToolsPractice QuestionsMock Exams
Aura AI included with course$99 value

$400 CAD

Real Estate Broker Course

40–60 hoursPrerequisite: licensed in all practice areas + 2 years' experience

Develop the practical skills and regulatory knowledge to operate a brokerage and prepare for broker licensing in Alberta.

24 LessonsExam Prep ToolsPractice QuestionsMock Exams
Get started

Get started in 6 simple steps.

Follow the path to begin your real estate licensing journey in Alberta.

View courses
  1. 1

    Determine your suitability

    Start strong. Meet your must-haves:

    • Be at least 18 years of age
    • Be lawfully studying or working in Canada
    • Have government-issued identification
    • Have a minimum Canadian high school education or equivalent
    • Prove your English language skills

    If you answered yes to these, register with RECA now.

    Register for my RECA account
  2. 2

    Learn at your own pace

    Complete your required education, starting with Fundamentals of Real Estate, and move forward when you're ready.

    • Fundamentals of Real Estate
    • Practice of Residential Real Estate
    • Practice of Rural Real Estate
    • Practice of Commercial Real Estate
    • Practice of Property Management
    Get the full picture
  3. 3

    70% passing grade

    Pass the RECA examinations with a minimum of 70% to move to the next stage of your journey.

  4. 4

    Pass RECA exams & complete waivers

    Complete the required RECA exams and waivers before moving forward.

    Find details on RECA
  5. 5

    Choose a brokerage

    Interview brokerages and choose the fit that supports your goals, values and success.

  6. 6

    Complete licensing & RECA registration

    Once you are licensed, you can begin your real estate journey as an AREA member.

    Enroll now
About Area Learn

Built for learners who want a clearer path to licensing.

Flexible online real estate education backed by industry experience, practical tools and learner-first value.

Proficiency in real estate

Training based on 75+ years of real estate excellence.

Expert-crafted courses

Courses written by industry professionals.

No deadlines for completion

Flexible online learning on your schedule.

Great prices

Comprehensive training at unbeatable prices.

What our learners have to say

“Took the Fundamentals of Real Estate Course from AREA. It was very well done, and I passed the exam! They were also very responsive when I emailed them with questions.”
David Grant Miller
“AREA is a great place for learning. They are very responsible and helpful. Highly recommended to anyone wants to get into the realty business.”
ZiXian Wang
“The Alberta Real Estate Association is a first class professional association with an exceptional staff team and solid board governance processes.”
Jennifer Gilbert

Start where
real estate starts.

Explore Area Learn courses designed to support your licensing journey and build confidence from day one.

Get started