Real Estate Professional Information

1.Zarshenas’ licence will be restricted to Re/Max Sabre Realty Group or another brokerage acceptable to the Council (the “Brokerage”) for a period of not less than one (1) year (the “Conditional Licence Period”).

2.During the Conditional Licence Period, Zarshenas must remain under the direct supervision of Robert Scott, the managing broker of the Brokerage who is acceptable to the Council, and who has confirmed in writing to the Council that he has read these conditions, is aware of his duties under these conditions, and agrees to accept these duties (the “Managing Broker”).

3. These conditions are in addition to Zarshenas’ and the Managing Broker’s obligations under the Real Estate Services Act (“RESA”), and the Regulations, Rules and Bylaws made under the RESA (together, the “Legislation”). The Council and Ms. Zarshenas have agreed upon these additional conditions of supervision. The Managing Broker may impose his own additional conditions to ensure that Ms. Zarshenas meets her obligations under the Legislation.

4. To ensure that Ms. Zarshenas meets her obligations under these conditions and the Legislation, the Managing Broker must meet with Ms. Zarshenas on a weekly basis, or more frequently as required, to discuss the following:

a. any practice issues identified by the Managing Broker or Ms. Zarshenas;

b. the appropriate course of action for addressing any identified practice issues and/or whether appropriate steps have been taken to address previously identified practice issues; and

c. to confirm Ms. Zarshenas’ attendance at or completion of any educational or training opportunities recommended by the Managing Broker

5. Zarshenas must consult with the Managing Broker in advance of taking any action on matters in respect of which there are questions or concerns regarding compliance with the Legislation, other applicable legislation, or the Brokerage’s policies and procedures.

6. Zarshenas shall not refer any person or corporate entity who she represents in a real estate transaction to any of the following individuals for the purpose of obtaining financing, mortgages or loans associated with the transaction:

1. Shane Ballard
2. Jay Kanth Chaudhary aka Mike Kumar aka Jay Michaels aka George Dsena
3. CFSL Financial Services
4. Chaudhary Financial Services Ltd.
5. CFSL Financial and Trading Services
6. J3R Financial and Trading Services
7. J3R Financial
8. 3R Investments
9. Vancouver Financing Solution Services

(“the Prohibited Brokers”)

7. The Managing Broker will provide monthly reports to the Council (each, an “Interim Report”) confirming in relation to that period (the “Reporting Period”):

1. that Ms. Zarshenas has provided real estate services under his direct supervision;
2. that Ms. Zarshenas’ activities have been carried out competently and in compliance with these conditions, the Legislation, all other applicable legislation (to the best of the Managing Broker’s knowledge having made reasonable inquiries), and in accordance with Brokerage’s policies and procedures, or alternatively, providing details of non-compliance;
3. that he has reviewed the deal files in which Ms. Zarshenas has provided real estate services and that Ms. Zarshenas has not made any referrals to any of the Prohibited Brokers as described in paragraph 6 above; and
4. that he has reviewed all transactions in which Ms. Zarshenas has provided real estate services, and that all documents relevant to the transactions are contained in the appropriate deal file and kept at the Brokerage.

8. Each Interim Report will be reviewed by the Council, who will determine if Ms. Zarshenas has been providing real estate services in accordance with the Legislation and these conditions during the Reporting Period and if not, will so advise the Managing Broker and Ms. Zarshenas.

9.  Within 30 days before the end of the Conditional Licence Period, or within 14 days after the Managing Broker ceases to be the Managing Broker, whichever is earlier, the Managing Broker must provide a final report (the “Final Report”) to the Council confirming in relation to the Conditional Licence Period, or during the period in which Managing Broker acted as Managing Broker under these conditions, as applicable:

1. that Ms. Zarshenas has provided real estate services under his direct supervision;
2. that Ms. Zarshenas’ activities have been carried out competently and in compliance with these conditions, the Legislation, all other applicable legislation (to the best of the Managing Broker’s knowledge having made reasonable inquiries), and in accordance with Brokerage’s policies and procedures, or alternatively, providing details of non-compliance;
3. that he has reviewed the deal files in which Ms. Zarshenas has provided real estate services and that Ms. Zarshenas has not made any referrals to any of the Prohibited Brokers as described in paragraph 6 above; and
4. that he has reviewed all transactions in which Ms. Zarshenas has provided real estate services, and that all documents relevant to the transactions are contained in the appropriate deal file and kept at the Brokerage.

10.  The Final Report will be reviewed by the Council, who will determine if the Conditional Licence Period has provided an adequate opportunity for Council to make a determination that 
Ms. Zarshenas is providing real estate services in accordance with the Legislation and these conditions and if not, will so advise the Managing Broker and Ms. Zarshenas.

11.  The Managing Broker must immediately report to the Council anything of an adverse nature with respect to Ms. Zarshenas’ real estate services, including

1. failure by Ms. Zarshenas to observe these conditions, the requirements of the Legislation or all other applicable legislation; and
2. complaints received by the Brokerage, including the nature of the complaint, the parties involved, and how the complaint was resolved.

12. The Managing Broker must ensure that Ms. Zarshenas receives adequate, appropriate and ongoing training with respect to their obligations under the Legislation and the Brokerage’s policies and procedures

13. If the Managing Broker is absent from the Brokerage:

1. for more than one week but less than one month, the Managing Broker may delegate his duties to another managing broker or an associate broker who confirms his agreement to accept the supervision duties under these conditions to the Council in writing; or
2. for more than one month, Ms. Zarshenas must notify Council immediately and approval from the Council for a successor managing broker to supervise Ms. Zarshenas must be sought as set out in paragraphs 1-2 of these conditions.

14. If for any reason the Managing Broker is unable to perform any of the duties imposed herein, he must immediately advise Council.

15. If there is a change in the managing broker of the Brokerage, the former managing broker and Zarshenas must immediately notify Council in writing. If Council determines that the successor managing broker (the “Successor”) is acceptable as a managing broker for the purposes of these conditions, the Successor will be provided with a copy of these conditions and will be asked to confirm in writing to the Council that the Successor has read these conditions, is aware of the Successor’s duties under these conditions, and agrees to accept these duties. If the Successor fails to provide such confirmation within 14 days of becoming a managing broker at the Brokerage, the Successor will be deemed to be unable or unwilling to perform the duties set out in these conditions.

Failure by Ms. Zarshenas to adhere to one or more of the conditions may constitute professional misconduct and the Council retains the discretion to investigate this and any other matter, including matters set out in the Interim and Final Reports reviewed by the Council, pursuant to section 37 of the RESA.

Restriction(s) and/or condition(s) have been placed on this licence that restrict the licensee’s practice or set out specific requirements for the licensee. They are available to view online at www.recbc.ca as part of the licensee’s public record. Use the Licensee Search to view the restriction(s) and/or condition(s).