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Consent Order
- Licensee
- Jaideep (JD) Puri, Jaideep Singh Puri
- Brokerage at Time of Sanctioned Activity
- Current Brokerage
- SRS Westside Realty, Surrey
- Consent Order Date
- 29 May 2019
Summary
A discipline committee of the Real Estate Council of British Columbia (the "Council") accepted the Consent Order Proposal submitted by Jaideep Singh Puri ("Mr. Puri") and JD Puri Personal Real Estate Corporation and found that Mr. Puri committed professional misconduct when he:
In his capacity as agent for the seller in the July 2015 purchase and sale of a property in New Westminster (the "Property"), a new home built by an owner-builder, he failed to:
- ensure that the seller had complied with the provisions of the Homeowner Protection Act ("HPA") and met the conditions for selling the Property, prior to listing the Property;
- ensure that prior to an offer being made for the Property, the seller had, as required under section 21(2) of the HPA, provided the buyer with a BC Housing Owner Builder Disclosure Notice that stated whether the Property was built under an Owner Builder Authorization and whether the Property was covered by a policy of home warranty insurance;
- both contrary to section 3-4 [act with reasonable care and skill] of the Rules; and
- advise the seller to seek independent professional advice with respect to his obligations under the HPA and the conditions that must be met, contrary to section 3-3(d) [duties to clients] of the Rules.
Results
A discipline committee of the Council has ordered, and Mr. Puri and JD Puri Personal Real Estate Corporation have agreed to, the following penalties:
- a discipline penalty of $1,500;
- enforcement expenses of $1,500; and
- successful completion of the Real Estate Trading Services Remedial Education Course.