Ontario Community Newspapers

Oakville Beaver, 2 Mar 2012, p. 5

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Court date set to hear case March 20 in Brampton Continued from page 1 5 · Friday, March 2, 2012 OAKVILLE BEAVER · www.insideHALTON.com ment of funds in the brokerage's trust account. Details regarding the charges can be found on RECO's website at www.reco.on.ca under the complaints and enforcement section of the site. The Mississauga-based realty group employed approximately 213 people at branch offices in Oakville, Mississauga and Milton. While the suspension order meant the brokerage and its employees could no longer trade in real estate, RECO stated in a press release, many employees have already applied to RECO and been approved for transfers to other brokerages. REEBA 2002 allows an immediate suspension order to be used in circumstances where the Registrar considers it to be in the public interest. Laramee has subsequently filed bank- ruptcy on his operating company RBL Capital Corporation, of which he is the sole owner. The allegations have not been proven in court. A Brampton provincial offences court will hear the Monster Realty Corporation/ Brekland Realty Group matter on March 20. Any homebuyers or sellers who have representation agreements or deposits with Brekland Realty Group can visit www.reco. on.ca for further information. The Real Estate Council of Ontario is responsible for administering the Real Estate and Business Brokers Act, 2002 and associated regulations on behalf of the provincial government. In order to trade real estate in Ontario, brokers and salespersons must be registered under the Act. ERIC RIEHL/ OAKVILLE BEAVER RECO's mission is to regulate the activity of trading in real estate in the public inter- shut down: Brekland Realty Group on South Service Road had its registration suspended by the Real Estate Council of Ontario (RECO). Two of its principals are now facing charges. est. Renovate · Decorate · Celebrate Time is Precious, Mistakes are Costly and Decorating is complicated. G t t rt C i ates A l e Inq q Inquire about your Personal P ersonal l Design Consultation At Fitz by Design we are committed to creating breathtaking, are unique as the individuals living in them. functional onal spaces that a ent Excell e servic since 1993 NEW PROGRAMS WEEKENDS MAR. 3 & 10 4 DAY CONDENSED MAR. 10-13, 15-18 EVENINGS MAR. 26 Valid for defensive driving programs only DRIVING IS A PRIVILEGE, LET US HELP YOU EARN IT Save $50 905-825-1172 407 Speers Road Suite 213

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