Showing posts with label Department of Real Estate. Show all posts
Showing posts with label Department of Real Estate. Show all posts

Tuesday, October 19, 2010

UPDATE: BAR-K LOSES REAL ESTATE LICENSE AGAIN - SEE STORY AND COMMENTS

IMPORTANT SITE UPDATE - BLOG SITE MOVED

PLEASE NOTE:

BAR-K Investors HAS MOVED. We found a website that offers better functions and features as well as a more aesthetically pleasing layout. Please click the link below and bookmark this new site:

http://barkinvestors.wordpress.com/

 

Note:  The following has been re-posted by request.  The original was posted on September 18, 2010.  New information has been provided in the comments section below.  Barney's license is/was listed as 'Salesperson', not 'Broker'.


Another day another doc.  Click HERE and scroll down to page 8.  Look in the middle column near the top.

Barney Joe NG (Real Estate Officer - "REO") and Bar-K (Real Estate Corporation - "REC") were suspended by the Department of Real Estate for a 2832 10177 (d) violation.

On page 5, you'll find disciplinary action definitions.
  • A 2832 is for "Failure to comply with trust fund handling provisions." 
  • A 10177 (d) is a "Violation of real estate law or regulations."
These violations were effective 10/31/01.  Barney and Bar-K were suspended for 180 days, but the suspensions were stayed on terms and conditions.  No word on what the terms and conditions were, but it does highlight a disturbing trend of questionable actions.

Saturday, September 18, 2010

Bar-K and Barney NG were suspended by the CA Dept. of Real Estate in 2001

Another day another doc.  Click HERE and scroll down to page 8.  Look in the middle column near the top.

Barney Joe NG (Real Estate Officer - "REO") and Bar-K (Real Estate Corporation - "REC") were suspended by the Department of Real Estate for a 2832 10177 (d) violation.

On page 5, you'll find disciplinary action definitions.

  • A 2832 is for "Failure to comply with trust fund handling provisions." 
  • A 10177 (d) is a "Violation of real estate law or regulations."
These violations were effective 10/31/01.  Barney and Bar-K were suspended for 180 days, but the suspensions were stayed on terms and conditions.  No word on what the terms and conditions were, but it does highlight a disturbing trend of questionable actions.