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Rimpy Hothi's real estate license suspended by B.C. regulator
The B.C. Financial Services Authority has issued an immediate suspension of the real estate license for Vancouver-based agent Rimpy Hothi. The order also applies to the Rimpy Hothi Real Estate Corporation.
Issued as an order in urgent circumstances, the regulator stated that Hothi is prohibited from all licensed real estate activities and is also barred from working as an unlicensed assistant. The authority noted that the conduct in question could lead to disciplinary orders under Section 43 of the Real Estate Services Act, but determined that waiting for a full investigation or hearing would be detrimental to the public interest.
As part of the order, Hothi is required to change the name of her registered real estate team, the Rimpy Hothi Group, within 10 days. The regulator has advised Hothi’s current clients to contact her brokerage, Sutton Group – West Coast Realty, to discuss their options and how the suspension affects their business.
Entities
B.C. Financial Services Authority · Rimpy Hothi · Rimpy Hothi Real Estate Corporation · Sutton Group – West Coast Realty · Vancouver
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Hothi is suspended from all licensed real estate activity and cannot work as an unlicensed assistant. agassizharrisonobserver.com · abbynews.com · theprogress.com
- [● 3 SOURCES] The B.C. Financial Services Authority suspended the license of Vancouver-based real estate agent Rimpy Hothi. agassizharrisonobserver.com · abbynews.com · theprogress.com
- [● 3 SOURCES] Clients are advised to contact her brokerage, Sutton Group – West Coast Realty, regarding the suspension. agassizharrisonobserver.com · abbynews.com · theprogress.com
- [● 3 SOURCES] The suspension was issued as an order in urgent circumstances due to conduct that could warrant discipline under the Real Estate Services Act. agassizharrisonobserver.com · abbynews.com · theprogress.com
- [● 3 SOURCES] Hothi must change the name of her real estate team, Rimpy Hothi Group, within 10 days. agassizharrisonobserver.com · abbynews.com · theprogress.com
- [● 3 SOURCES] The suspension applies to Rimpy Hothi Real Estate Corporation. agassizharrisonobserver.com · abbynews.com · theprogress.com