Case card

Applicant 29 (Re), 2025 BCSRE 128

BC's real estate regulator imposed a $2,500 penalty for an overdue brokerage accounting filing, including two days of additional daily penalties after a compliance warning.

Source reviewed · Court holding

Held. BC's real estate regulator imposed a $2,500 penalty for an overdue brokerage accounting filing, including two days of additional daily penalties after a compliance warning.

BC's Superintendent of Real Estate imposed a $2,500 penalty notice under Rule 75, comprising a $2,000 base penalty and $500 for the two days a brokerage accounting report remained outstanding after its compliance warning deadline. The notice shows that belated compliance doesn't erase the reporting breach and may attract accumulating daily penalties, while preserving a 30-day right to request reconsideration.

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Source and further context BC Financial Services Authority, complete original publicly available redacted regulatory instrument ↗

Intelligence Law publishes commentary and information, not individualized legal advice. Legal rules and court procedure vary by jurisdiction and circumstances.

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