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: MARCO POK MAN TAM
File: 09-221
Date of Consent Order: January 4, 2011
Issue: Marco Pok Man Tam, representative, Local Venture Corp. dba Homeland Realty, Vancouver, entered into a Consent Order with the Council in which he consented to an Order that he committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act in that he: (a) contravened section 3-4 of the Council Rules in that he incorrectly dated the subject removal addendum September 3, 2009 when the said addendum was in fact signed by the buyers on September 9, 2009; (b) contravened section 3-2(1)(b) of the Council Rules in that he failed to promptly provide to the managing brokers of the said brokerage a copy of the Contract of Purchase and Sale when it was executed on August 31, 2009; and (c) contravened section 5-11(2)(a) of the Council Rules when he failed to disclose the total amount of the remuneration of the said buyers that his brokerage would be receiving from the sellers as both he and the brokerage were acting as limited dual agents in the said transaction.
Result: Marco Pok Man Tam was suspended for seven (7) days from March 2, 2011 to March 8, 2011 (inclusive), and 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 23, 2011 R: Feb 23, 2016