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Consent Order
- Licensee
- Gregory Purkis, Gregory Bruce Purkis
- Brokerage at Time of Sanctioned Activity
- Westcoast Strata Management Services Inc.
- Current Brokerage
- Westcoast Strata Management Services Inc., Nanaimo
- Consent Order Date
- 7 July 2017
Summary
Gregory Bruce Purkis did not modify a service agreement to ensure that his strata client was aware of, and agreed to, its financial records being provided to the brokerage address. This contravened sections 3-1(1)(b) and 3-4 of the Rules.
Mr. Purkis and Westcoast Strata Management Services Inc. did not provide its strata client with a copy of the monthly financial statements and a copy of the monthly reconciliations of bank statements within the timeframe required to their strata client. Mr. Purkis and Westcoast Strata Management Services Inc. both contravened section 7-9(7) of the Rules.
Results
A discipline committee of the Council has ordered the following:
- Mr. Purkis and Westcoast Strata Management Services Inc. are both reprimanded, and must each pay a discipline penalty of $2,500.00 to the Council.
- Mr. Purkis and Westcoast Strata Management Services Inc. are equally responsible for paying enforcement expenses of $1,500.00 to the Council.