The BC Financial Services Authority issued a $13,000 administrative penalty notice for a real estate licensee's failure to verify a property's square footage, inclusion of an impracticable measurement term in a subject free offer and several advertising identification breaches. The notice shows how inadequate client due diligence and inaccurate online business information can attract separate penalties, although any subsequent reconsideration outcome has not been verified.
Case card
Bedi (Re), 2025 BCSRE 77
Source reviewed · Court holding
Held. The BC Financial Services Authority issued a $13,000 administrative penalty notice for a real estate licensee's failure to verify a property's square footage, inclusion of an impracticable measurement term in a subject free offer and several…
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