VANCOUVER, June 14, 2013 /CNW/ - The Real Estate Council of British Columbia advises that the real estate licence of Johnson Castaneto Salanga, formerly licensed with Sutton Group-West Coast Realty (Cambie Street), Vancouver, and, more recently, with Royal Pacific Realty (Kingsway) Ltd., Vancouver, was suspended on June 12, 2013.
The Real Estate Council suspended this licence in the public interest as a result of Mr. Salanga's failure to properly account for trust monies he was holding on behalf of brokerage clients while licensed with Sutton Group-West Coast Realty (Cambie Street), Vancouver. This suspension is in accordance with section 45 of the Real Estate Services Act and remains in effect until further notice.
Inquiries from concerned clients of Johnson Castaneto Salanga should be directed to the Real Estate Council at 604-683-9664.
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.
SOURCE: Real Estate Council of BC
For further information:
Real Estate Council of British Columbia
T: 604-683-9664, Toll-Free 1-877-683-9664
Email: [email protected]