BCFSA imposed a $6,000 penalty for paid rental management without a licence, even though the services covered one property for only three months and no consumer funds were missing. Finding tenants, collecting rent and overseeing contractors engaged the licensing requirement, while consumer protection and general deterrence influenced the penalty.
Case card
Cheng (Re), 2025 BCSRE 142
Source reviewed · Court holding
Held. BCFSA imposed a $6,000 penalty for paid rental management without a licence, even though the services covered one property for only three months and no consumer funds were missing.
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