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Consent Order
Consent Order
- Licensee
- Ammabelle (Belle) Basco, Ammabelle Basco
- Brokerage at Time of Sanctioned Activity
- Current Brokerage
- Team 3000 Realty, Surrey
- Consent Order Date
- 27 February 2018
Summary
Ammabelle Basco acted as the buyer's agent in a transaction. She failed to act with reasonable care and skill, and did not use reasonable efforts to discover relevant facts respecting the property her client was considering acquiring, when she did not:
- ensure that a term requiring the seller to give legal notice to an existing tenant to vacate the property was included in the Contract of Purchase and Sale.
- ask for a copy of the existing tenancy agreement from the listing agent, and instead, accepted information about the tenant occupancy verbally.
- ensure that details of the existing tenancy were included in the Contract of Purchase and Sale to ensure her client would have vacant possession.
Results
In its Decision and Order with Respect to Penalty, a discipline committee of the Council ordered the following:
- Ms. Basco is reprimanded and must pay a discipline penalty of $3,000.00 to the Council.
- At her own expense, Ms. Basco must successfully complete the Real Estate Trading Services Remedial Education Course.
- Ms. Basco must pay enforcement expenses of $1,500.00 to the Council.