BCFSA imposed a $5,000 administrative penalty after finding that an error in a critical date in a real estate purchase contract breached the licensee's duty to exercise reasonable care and skill. The notice illustrates why inaccurate completion dates can carry regulatory consequences and gives the licensee 30 days after receiving the notice to request reconsideration.
Case card
Laurie (Re), 2025 BCSRE 101
Source reviewed · Court holding
Held. BCFSA imposed a $5,000 administrative penalty after finding that an error in a critical date in a real estate purchase contract breached the licensee's duty to exercise reasonable care and skill.
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