VANCOUVER, Dec. 18, 2015 /CNW/ - The Real Estate Council of British Columbia has cancelled the real estate licence of Yu-Hsiang (Lester) Lin of Burnaby, effective immediately. In addition, the Council has issued an order requiring the brokerage Lester Lin Realty, Vancouver, and its managing broker, Jeffrey Fee, to immediately cease permitting Mr. Lin from holding himself out as a licensee or an unlicensed assistant associated with the brokerage.
The Council had suspended Mr. Lin's licence for one year, effective September 23, 2015, during which time he was prohibited from providing real estate services to or on behalf of any member of the public. Mr. Lin failed to comply with the terms of his suspension. Therefore, a Discipline Hearing Committee of the Council has ordered that Mr. Lin's licence be cancelled.
The Discipline Hearing Committee has further ordered that, in addition to ensuring that Mr. Lin no longer associates himself as a licensee or as an unlicensed assistant with the brokerage Lester Lin Realty, the brokerage and the managing broker, Jeffrey Fee, must take immediate steps to ensure that licensees associated with the brokerage are properly supervised as required under the Council Rules.
The Real Estate Council is a regulatory agency established by the provincial government. Its mandate is to protect the public by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act. The Council is responsible for licensing individuals and brokerages engaged in real estate sales, rental and strata property management. The Council enforces entry qualifications, investigates complaints against licensees and imposes disciplinary sanctions under the Act.
SOURCE Real Estate Council of BC
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Real Estate Council of British Columbia
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