Permanent Surrender of Licence

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Licensee
Jia Jie Wang, Jia Jie (Henry) Wang
Brokerage at Time of Sanctioned Activity
One Percent Realty Ltd.
Current Brokerage
Vancouver
Permanent Surrender of Licence Date
30 November 2007

Summary

REAL ESTATE COUNCIL OF BRITISH COLUMBIA

In the matter of the Real Estate Services Act

S.B.C. 2004 ch. 42

NOTICE OF LICENSEE RESIGNATION

Jia Jie (Henry) Wang, while licensed as a representative with One Percent Realty Ltd., Vancouver, requested the Real Estate Council of British Columbia to discontinue disciplinary proceedings against him as he had decided to permanently retire from real estate practice. Mr. Wang was facing a disciplinary hearing into his professional conduct and would have been required to appear before a hearing committee of the Real Estate Council to respond to these allegations.

Considering the fact that there is likely no greater disciplinary sanction than not being licensed to act again, the Real Estate Council agreed with Mr. Wang 's request. The lifetime ban on Mr. Wang 's licensing under the Real Estate Services Act was effective as of November 30, 2007, although he surrendered his licence to the Real Estate Council on May 25, 2007.