Tag: real estate ethics
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Former BC Realtor Fined $66,500 for Not Disclosing Archaeological Significance of Property
A former Vancouver Island real estate agent has been penalized by British Columbia’s financial services regulator for failing to disclose that a property she sold carried archaeologically significant status. The case underscores the importance of full disclosure in real estate transactions and signals the regulator’s willingness to hold licensees accountable when material facts are withheld.…
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Former B.C. Real Estate Agent Fined for Not Disclosing Archaeological Significance of Property
Background and Penalty A former Vancouver Island real estate agent has been fined $66,500 by British Columbia’s financial services regulator after failing to disclose an important detail about a property she sold. The case highlights ongoing enforcement of disclosure rules designed to protect buyers from undisclosed risks and uncertainties tied to land use and heritage…
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Ontario Mobile Homeowners Allege Illegal Rent Tactics by Park Owner
Ontario Mobile Homeowners allege illegal rent tactics Across Ontario, a growing chorus of mobile homeowners and local Realtors claims that a private equity firm behind several mobile home parks is employing tactics to push lot rents beyond what many residents can afford. Critics say these moves threaten the affordability that drew families and retirees to…
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Haunted Hopes: How Bold Renters in Hong Kong Use Ghostly Homes to Cut Deals
Introduction: A Bold Strategy in an Expensive City Hong Kong’s housing market is infamous for its sky-high rents and tiny living spaces. For many residents, paying half or more of a monthly salary on a single unit is a bitter reality. In this pressure cooker of scarcity, some renters are taking a controversial shortcut: renting…