Consumer Protection Orders
On November 14, 2017 the Council suspended the licences of Kevindeep (Kevin) Singh Bratch and Bratch Realty Ltd in the public interest, while it investigates whether Mr. Bratch was engaged in aggressive marketing and sales practices targeting vulnerable persons who were financially distressed as a result of their homes being in foreclosure proceedings.
Effective immediately, Mr. Bratch and Bratch Realty are prohibited from providing real estate services to, or on behalf of, any member of the public.
Orders by the Superintendent of Real Estate
On September 8, 2017 the Superintendent of Real Estate issued an urgent cease marketing order against 0981478 B.C. Ltd., the developer of the 92-unit Murrayville House development in Langley. The developer was non-compliant with the Real Estate Development Marketing Act (REDMA).
On October 4, 2017 the Superintendent issued a consumer alert regarding 0981478 B.C. Ltd. The alert advises consumers that:
Purchasers at Murrayville House should contact a lawyer to fully understand their legal rights and remedies with respect to their purchase agreements, claims by other purchasers, claims by lenders and other creditors, the treatment of deposit monies, the Real Estate Development Marketing Act, and any other relevant legal matters.
Any real estate licensees who have assisted with purchases at Murrayville House should reach out to clients to recommend they seek legal advice.
You can find both the order and the alert here.