A brokerage's complete Accountant's Report reached BC's real estate regulator on April 16, 2025, 17 days after the March 30 deadline, prompting a $1,000 first offence penalty under Rule 75. The notice shows that eventual filing doesn't undo the missed deadline and permits a reconsideration request within 30 calendar days of receiving the notice, including evidence of due diligence.
Case card
Applicant 28 (Re), 2025 BCSRE 110
Source reviewed · Court holding
Held. A brokerage's complete Accountant's Report reached BC's real estate regulator on April 16, 2025, 17 days after the March 30 deadline, prompting a $1,000 first offence penalty under Rule 75.
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