“Effective December 10, 2024, a new question has been added to various licence applications for individuals. The new question requires current and prospective licensees to disclose whether they have been, or presently are, the subject of an investigation or disciplinary proceedings by an industry association (e.g., a local, provincial, or national real estate board or association) in B.C. or another jurisdiction.

“Industry-led investigations and disciplinary outcomes may be relevant to matters under BCFSA’s authority. The new question clarifies BCFSA’s long-standing expectation that the outcomes of industry association disciplinary processes must be disclosed on licence applications to support a comprehensive assessment of the suitability, reputation, and fitness for licensing of current and prospective licensees, pursuant to section 10 of the Real Estate Services Act.”