REAL ESTATE COUNCIL OF BRITISH COLUMBIA DISCIPLINE DECISION
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: Chuen Wai Michael Lo
File: 09-558
Date of Consent Order: December 30, 2011
Issue: Chuen Wai Michael Lo, representative, Seafair Realty Ltd. dba Sutton Group Seafair Realty, Richmond, entered into a Consent Order with the Council that he committed professional misconduct within the meaning of section 35(1) of the Real Estate Services Act in that he:
(a) contrary to section 7(3)(a) of the Real Estate Services Act, provided real estate services other than on behalf of the brokerage in relation to which he was licensed, in that he presented the offer to the seller without doing so on behalf of his brokerage;
(b) contrary to section 7(3)(a) of the Real Estate Services Act, provided real estate services other than on behalf of the brokerage in relation to which he was licensed, in that he held himself out to the seller as a person who provided real estate services and advised the seller of the offer, including the price, without doing so on behalf of his brokerage;
(c) contrary to section 3-2(1)(b) of the Council Rules, failed to promptly provide to his managing broker the original or a copy of trading records, in that he failed to provide a copy of the offer or the contract to his managing broker; and
(d) contrary to section 3-2(2)(a) of the Council Rules, failed to keep his managing broker informed of trading services being provided, in that he failed to inform his managing broker of the activities set out in paragraphs (a) and (b) above and failed to inform his managing broker of the offer or the contract.
Result: Chuen Wai Michael Lo was suspended for seven (7) days from February 22, 2012 to February 28, 2012 (inclusive), and was ordered to successfully complete the Real Estate Trading Services Remedial Education Course and pay enforcement expenses to the Council in the amount of $1,000.00.
P: Feb 3, 2012 R: Feb 3, 2017