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: SHAMINDER SINGH MALLHI
Date of Consent Order: February 16, 2011
Issue: Shaminder Singh Mallhi,representative, Lighthouse Realty Ltd., Abbotsford, 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, in relation to the Contract of Purchase and Sale between five sellers and a limited company (and in relation to a subsequent assignment of the contract to a company of which the licensee was a director): (a) failed to ensure that the Disclosure of Interest in Trade was signed by all of the sellers and a Disclosure of Interest in Trade was provided to the first buyer, contrary to sections 5-2 and 5-9 of the Council Rules; (b) failed to keep his managing broker advised of the real estate services that he was providing, contrary to section 3-2(2)(a) of the Council Rules; and (c) conducted trading services outside of his brokerage in that he did not turn the assignment agreement in to the brokerage, contrary to section 7(3)(a) of the Real Estate Services Act.
Result: Shaminder Singh Mallhi was suspended for seven (7) days from March 16, 2011 to March 22, 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 25, 2011 R: Fe 25, 2016