Consent Order

Published on
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Licensee
Michael (Mike) Stewart
Brokerage at Time of Sanctioned Activity
Century 21 In Town Realty
Current Brokerage
Oakwyn Realty Downtown Ltd., Vancouver
Consent Order Date
21 May 2020

Summary

A discipline committee of the Real Estate Council of British Columbia (the “Council”) accepted the Consent Order Proposal submitted by Michael Charles Russell Stewart (“Mr. Stewart”), on his own behalf and on behalf of Mike Stewart Personal Real Estate Corporation (“MS Personal Real Estate Corporation”), and found that Mr. Stewart and MS Personal Real Estate Corporation committed professional misconduct when:

  1. while in Mr. Stewart’s capacity as the listing agent for a property, Mr. Stewart failed to ensure that the divorcing spouse was involved in determining the ultimate sale price of the property, when Mr. Stewart knew about the divorce proceedings and the Court Order requiring joint conduct of sale.

Results

A discipline committee of the Council has ordered, and Mr. Stewart and MS Personal Real Estate Corporation has agreed to, the following penalties:

  1. jointly and severally liable to pay a discipline penalty of $2,500; and
  2. jointly and severally liable to pay enforcement expenses of $1,500.

Contraventions

  • Real Estate Rules
    • 3-4 [Act with reasonable care and skill]
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PDF Files

Consent Order

Full consent order is available as a PDF.

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