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Bradley Shane Morehouse, Coldwell Banker First Trail Real Estate, Trail

REAL ESTATE COUNCIL OF BRITISH COLUMBIA

In the matter of the Real Estate Services Act

  S.B.C. 2004 ch. 42

AND in the matter of a Consent Order pursuant to Section 41 of the Real Estate Services Act

Respondent:     BRADLEY SHANE MOREHOUSE

File:   08-087

Date of Consent Order:   January 12, 2010                  

Issue: Bradley Shane Morehouse, representative, First Trail Real Estate Ltd. dba Coldwell Banker First Trail Real Estate, Trail, entered into a Consent Order with the Council in which he consented to an Order that, while he was licensed with Kootenay Cornerstone Realty Corp. dba Royal LePage K.C. Realty, Castlegar, he committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act in that he: (a) contravened section 3-3(1)(i) of the Council Rules in that he failed to take reasonable steps to avoid a conflict of interest by undertaking to act as a limited dual agent in a transaction when he was a buyer that conflicted with the interests of the seller; (b) contravened section 3-3(1)(j) of the Council Rules in that he failed to disclose to the seller promptly that a conflict of interest existed when he acted as a limited dual agent and also as a buyer in a transaction; (c) contravened section 3-3(1)(d) of the Council Rules in that he failed to advise the seller to seek independent legal advice before entering into a Contract of Purchase and Sale dated July 14, 2008 and the Addendum dated July 11, 2008; and (d) contravened section 3-2(2)(a) of the Council Rules in that he presented the seller and the seller acknowledged a Disclosure of Interest in Trade but he did not provide the same to his managing broker for signature.   

Result: Bradley Shane Morehouse was suspended for seven (7) days from March 10, 2010 to March 16, 2010 (inclusive), was ordered to successfully complete the Trading Services Remedial Education Course and pay enforcement expenses to the Council in the amount of $1,000.00.  

P: Feb 16, 2010 R:   Feb 16, 2015