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: Chi-Fu Chen & Pilothouse Real Estate Inc.
File: 10-473
Date of Consent Order: September 7, 2011
Issue: Pilothouse Real Estate Inc., New Westminster, entered into a Consent Order with the Council that it committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act by contravening section 7-7(1)(b) of the Council Rules in that it failed to file an Accountant ’s Report with the Council by the prescribed date.
Issue: Chi-Fu Chen, managing broker, Pilothouse Real Estate Inc., New Westminster, entered into a Consent Order with the Council that he committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act by not fulfilling his responsibilities as managing broker for the performance of the duties imposed on the brokerage by its licence within the meaning of section 6(2)(b) of the Real Estate Services Act and by contravening section 3-1(1)(a) and (b) and 3-1(3) of the Council Rules in that he failed to ensure that the said Accountant ’s Report was filed with the Council by the prescribed date.
Result: Pilothouse Real Estate Inc. was reprimanded.
Result: Chi-Fu Chen was reprimanded.
Result: Further, Pilothouse Real Estate Inc. and Chi-Fu Chen were jointly and severally liable to pay enforcement expenses to the Council in the amount of $1,000.00.
P: Oct 11, 2011 R: Oct 11, 2012