BCFSA imposed a $5,000 administrative penalty after Hayes Ng invoiced a leasing client in his own name and received payment directly without promptly delivering the remuneration to his brokerage. The notice makes clear that additional leasing services don't excuse the statutory brokerage payment obligation, while preserving a 30 day opportunity to seek reconsideration.
Case card
Ng (Re), 2025 BCSRE 122
Source reviewed · Court holding
Held. BCFSA imposed a $5,000 administrative penalty after Hayes Ng invoiced a leasing client in his own name and received payment directly without promptly delivering the remuneration to his brokerage.
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