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LICENSEE: Luke Shen Qing Sun
CURRENT BROKERAGE: Pan Pacific Platinum Real Estate Services Inc. dba LeHomes Realty, Burnaby
BROKERAGE AT TIME OF SANCTIONED ACTIVITY: New World Realty Ltd.
CONSENT ORDER DATE: January 30, 2019


 

SUMMARY

Luke Shen Qing Sun has admitted and/or acknowledged he failed to:

  1. promptly deliver to the Brokerage the bank draft in the amount of $65,000 representing the deposit payable under the Contract;
  2. immediately notify his managing broker that while he had a bank draft representing the deposit for the purchase and sale of the Property, he had not delivered it to the Brokerage pursuant to the terms of the Contract;
  3. promptly provide to his managing broker all documentation with respect to the Contract; and
  4. keep his managing broker informed of the real estate services being provided and activities being performed with respect to the purchase and sale of the Property, including:
    1. acting as buyer’s agent for himself as buyer with respect to the Property;
    2. deciding to allow the Contract to collapse; and
    3. deciding to not deliver the deposit as required by the terms of the Contract.

 

RESULTS

A discipline committee of the Council has ordered, and Luke Shen Qing Sun has agreed to, the following penalties:

  1. license suspension of fourteen (14) days (from: March 20, 2019 to April 3, 2019, inclusive);
  2. prohibited from acting as an unlicensed assistant during the time of his license suspension;
  3. payment of enforcement expenses of $1,500;
  4. successful completion of the REIC2600 Ethics in Business Practice Course; and
  5. successful completion of the Real Estate Trading Services Remedial Course.

 

CONTRAVENTIONS

Real Estate Services Act

Real Estate Rules

 


CONSENT ORDER: Full consent order available as a PDF and through the Canadian Legal Information Institute
POSTED ON: March 22, 2019
LENGTH OF PUBLICATION ON WEBSITE: 10 years