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Permanent Surrender of Licence
- Licensee
- Yu-Fong Tseng, Yu-Fong (Lisa) Tseng
- Brokerage at Time of Sanctioned Activity
- Green Team Realty Inc.
- Current Brokerage
- Vancouver
- Permanent Surrender of Licence Date
- 20 June 2011
Summary
REAL ESTATE COUNCIL OF BRITISH COLUMBIA
In the matter of the Real Estate Services Act
S.B.C. 2004 ch. 42
NOTICE OF LICENSEE RESIGNATION
Yu-Fong (Lisa) Tseng, while licensed with Green Team Realty Inc., Vancouver, requested the Real Estate Council of British Columbia to discontinue disciplinary proceedings against her as she has decided to permanently retire from real estate practice. Ms. Tseng was facing a disciplinary hearing into her professional conduct and would have been required to appear before a hearing panel of the Real Estate Council to respond to these allegations.
Considering the fact that there is likely no greater disciplinary penalty than not being licensed to act again, the Real Estate Council agreed with Ms. Tseng 's request. Ms. Tseng surrendered her licence on May 21, 2011 and the lifetime ban on Ms. Tseng 's licensing under the Real Estate Services Act is effective as of June 20, 2011.