2
his own
capacity, or through Avenue Properties, began to collect, or offer or attempt to
collect, on behalf
of 780875 as the
landlord and owner of Genesis Plaza, money payable as rent for the use of
Genesis
Plaza, or
contributions for the control, management or administration of Genesis Plaza
(“property
management
services”). Butt, either
on his own, or through Avenue Properties, and not through his
brokerage,
Sutton Group Westhills, provided property management services to 780875 up to
and
including April
30, 2002. The foregoing is conduct deserving of sanction, particulars of which
include
that Butt traded in real estate
other than in the name that appeared on his licence and in the name
of
the brokerage
with which Butt was
registered, contrary to s. 23(b) of the Rules, all of which happened
in
Calgary,
Alberta.
2. Further to
the allegations in paragraph one above, Butt did not inform his
broker at Sutton Group
Westhills that
he was providing property management services to 780875, and failed to provide
his
broker any
records relative to the property management services that Butt provided to 780875.
The
foregoing is
conduct deserving of sanction, the particulars of which include
that:
a) Butt failed to keep his
broker informed of the activities being performed by the associate broker
or
agent on behalf
of the brokerage, contrary to s. 23(f) of the Rules; and
b) Butt failed to provide all
documentation of trade records required under these Rules to his
broker,
contrary to
s.23(e) of the Rules.
all of which
happened in Calgary, Alberta.
3. Further to
the allegations in paragraphs one and two above, Butt, either on his own, or
through
Avenue
Properties, received remuneration from 780875 for the property management
services that he
provided, either
on his own. or through Avenue Properties, to 780875. The foregoing is
conduct
deserving of
sanction, the particulars of which include that Butt accepted remuneration,
directly or
indirectly, for
a trade or dealing from a person other than the brokerage with which he was
registered,
contrary to s.
24(1)(c) of the Rules, all of which happened in Calgary.
4. Further to
the allegations in paragraphs one, two and three above, Butt received monies in
trust for
the benefit of
780875 in respect of a dealing or trade, or in the course of carrying on
business as an
industry member,
notwithstanding that there was no service agreement between Butt and 780875
that
expressly
acknowledged the trust arrangement between Butt and 780875, and which
set out the terms
on which the
money was to be received, held and disbursed, nor was there any written
agreement
between Butt and 780875 governing
the use of any monies received in trust by Butt for
780875’s
benefit. The
foregoing is conduct deserving of sanction further to s. 18(2) of the Act and s.
25(2) of the
Act, all of
which happened in Calgary, Alberta.
5.
(x)
III)
EVIDENCE
We received an
Admission of Conduct Deserving of Sanction pursuant to section 46 of the Real
Estate
Act from Mr.
Lee. In the document, signed by Mr Butt, he admitted to the
allegations of fact and
breaches of
provisions of the Real Estate Act, Rules and Code of Conduct as contained in
the
Amended Notice
of Hearing, and admitted that his conduct in this regard was conduct deserving
of
sanction.