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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:    Mona Heung Radelet

File:   11-483

Date of Consent Order:    February 16, 2013 

Issue: Highland West Properties Ltd., Vancouver, entered into a Consent Order with the Council in which it consented to an Order 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: Mona Heung Radelet, managing broker, Highland West Properties Ltd., Vancouver, entered into a Consent Order with the Council in which she consented to an order that she committed professional misconduct within the meaning of section 35(1)(a) of the Real Estate Services Act by not fulfilling her 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 she failed to ensure that the said Accountant’s Report was filed with the Council by the prescribed date. 

Order: Highland West Properties Ltd. be suspended for sixty (60) days, from February 16, 2013 to April 16, 2013 (inclusive), but that the suspension be terminated if and when Highland West filed an Accountant’s Report as required by section 7-7(1) of the Council Rules.   

If the Accountant’s Report was received by the Council on or before the start of the suspension period, Highland West Properties Ltd. be reprimanded and it be jointly and severally liable with Mona Heung Radelet to pay a discipline penalty to the Council in the amount of $2,000.00. 

If the Accountant’s Report was not received by the Council by April 16, 2013, the licence of Highland West Properties Ltd. be cancelled. 

Order: Mona Heung Radelet be suspended for sixty days, from February 16, 2013 to April 16, 2013 (inclusive), but that the suspension be terminated if and when Highland West files an Accountant’s Report as required by section 7-7(1) of the Council Rules.  For greater certainty, during the suspension period, Ms. Radelet be immediately eligible to be licenced as an associate broker. 

If the Accountant’s Report was received by the Council on or before the start of the suspension period, Mona Heung Radelet be reprimanded and she be jointly and severally liable with Highland West Properties Ltd. pay a discipline penalty to the Council in the amount of $2,000.00. 

If the Accountant’s Report was not received by the Council by April 16, 2013, the licence of Mona Heung Radelet be cancelled.  

Result: As the Council received an Accountant’s Report in a form acceptable to the Council before the start of the suspension period, Highland West Properties Ltd. and Mona Heung Radelet were each reprimanded.  Highland West Properties Ltd. and Mona Heung Radelet were ordered to be jointly and severally liable to pay a discipline penalty to the Council in the amount of $2,000.00 and be jointly and severally liable to pay enforcement expenses to the Council in the amount of $1,000.00.

P: Mar 12, 2013 R:  Mar 12, 2018