BC Financial Services Authority issued a $1,000 administrative penalty notice under Rule 41 after an anonymized real estate licensee advertised guest suite amenities at an Abbotsford property when the licensee knew or reasonably ought to have known that no guest suite existed. The notice shows how a specific inaccurate feature in a listing can trigger a regulatory penalty, although reconsideration remained available and no later outcome was established by the published notice.
Case card
Applicant 30 (Re), 2025 BCSRE 115
Source reviewed · Court holding
Held. BC Financial Services Authority issued a $1,000 administrative penalty notice under Rule 41 after an anonymized real estate licensee advertised guest suite amenities at an Abbotsford property when the licensee knew or reasonably ought to have…
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