Real Estate Council Suspends Licence of 8th Avenue Elite Realty Ltd.

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Vancouver, British Columbia, August 28, 2014- The Real Estate Council of British Columbia (the “Council”) advises that the real estate licence of 8th Avenue Elite Realty Ltd. dba 8th Avenue Elite Realty, Surrey, was suspended on August 26, 2014.

The Council suspended this licence in the public interest as a result of the failure of 8th Avenue Elite Realty Ltd. to account for trust monies held on behalf of clients. 8th Avenue Elite Realty Ltd. is prohibited from providing real estate services to or on behalf of any member of the public as a result of this order. This suspension is in accordance with section 45 of the Real Estate Services Act and remains in effect until further notice.

Inquiries from concerned clients of 8th Avenue Elite Realty Ltd. should be directed to the Council at 604-683-9664 or toll-free at 1-877-683-9664.

The Council is a regulatory agency established by the provincial government. Its mandate is to protect the public by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act.