Permanent Surrender of Licence

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Licensee
Andy Wah Yim Kwan
Brokerage at Time of Sanctioned Activity
Amex-Fraseridge Realty
Current Brokerage
Vancouver
Permanent Surrender of Licence Date
30 January 2004

Summary

REAL ESTATE COUNCIL OF BRITISH COLUMBIA

In the matter of the Real Estate Act

NOTICE OF LICENSEE RESIGNATION

On February 4, 2004, Andy Wah Yim Kwan, who was formerly licensed as a salesperson with Amex-Fraseridge Realty, requested the Real Estate Council of British Columbia to discontinue disciplinary proceedings against him as he has decided to permanently retire from real estate practice. At the time of the request and since January 30, 2004, Mr. Kwan has not been trading in real estate in the Province of British Columbia and he has not been licensed as a licensee under the Real Estate Act. Mr. Kwan was facing many serious allegations of misconduct related to real estate activities and would have been required to appear before a hearing panel of the Real Estate Council to respond to these allegations. Considering the nature of the misconduct allegations and the fact that there is likely no greater disciplinary penalty than not being licensed to act again, the Real Estate Council agreed with Mr. Kwan's request. The lifetime ban on Mr. Kwan's licensing under the Real Estate Act is effective as of January 30, 2004.