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.