Consent Order

Published on
squircle icon
Licensee
Surinderjit Rai, Surinderjit (Serge) Singh Rai
Brokerage at Time of Sanctioned Activity
Realty One Homes Ltd.
Current Brokerage
Realty One Homes Ltd., Surrey
Consent Order Date
29 October 2012

Summary

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

Issue: Surinderjit (Serge) Singh Rai, associate broker, One Flat Fee Real Estate Incorporated dba oneflatfee.ca, Surrey, entered into a Consent Order with the Council that, while licensed as managing broker with Realty One Homes Ltd., Surrey, he committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act by contravening section 6(2)(c) of the Real Estate Services Act and section 3-1(1)(a) of the Council Rules by failing, as managing broker for Realty One, to be responsible for the control and conduct of Realty One's real estate business, including the supervision of associate brokers and representatives who were licensed in relation to Realty One.

Results

Surinderjit (Serge) Singh Rai was ordered not to apply to be licensed as a managing broker for a period of one (1) year from the date of the Order, or until after October 29, 2013. He was ordered to successfully complete the Real Estate Trading Services Remedial Education Course and to pay enforcement expenses to the Council in the amount of $1,000.00. As a condition of licensing as a managing broker, Mr. Rai must successfully complete the disciplinary education assignments of Chapter 2 (Mandatory Requirements Under the Real Estate Services Act) and Chapter 4 (Introduction to Financial Statements) of the Broker's Licensing Course. Further, if Mr. Rai becomes licensed as a managing broker, the brokerage to which Mr. Rai becomes licensed must be audited after ninety (90) days of Mr. Rai becoming licensed as its managing broker with Mr. Rai paying the costs of that audit.