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Realtors charged after allegedly taking money for preferential access to condos

Realtors charged after allegedly taking money for preferential access to condos

December 31, 2007

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Shibley Righton's Audrey Loeb was recently interviewed by The Lawyer's Daily to discuss Realtors being charged after allegedly taking money for preferential access to condos


The Real Estate Council of Ontario (RECO) has charged three Toronto-area real estate agents with violations of the Real Estate and Business Brokers Act (REBBA) after allegedly taking money from clients improperly.


Charged are Sean Brackin of Bowmanville, as well as Jin Wang and Fang Ruan of Toronto, for accepting a “quantity of money” directly from customers in contravention of s. 31(2) of REBBA, which states “no broker or salesperson is entitled to or shall accept any commission or other remuneration for trading...


This is an excerpt from the interview, Please click here to read the complete article.

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About Shibley Righton

Shibley Righton LLP is a mid-sized Ontario law firm with lawyers in three offices (Toronto, Windsor, and Hamilton area). We offer a full range of services in litigation and dispute resolution, business law including corporate governance, finance and mergers and acquisitions, estate planning, real estate, labour and employment and a number of other practice areas. Shibley Righton has the largest condominium law group in Canada, offering a full range of services to condominium corporations including corporate governance, enforcement, contract review and litigation services.  Clients rely on Shibley Righton’s team of lawyers and professional staff to provide exceptional services in a practical, cost effective and timely manner.

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