Local realtor joins compensation board
A Kelowna realtor has been appointed to the board for the Real Estate Compensation Fund Cooperation.
Anne Petrone, with Re/Max in Kelowna, will join a board headed up by chair Don Lancaster, a realtor in Penticton and fellow directors John Finlayson, from Duncan; Philip L. Jones, from Cranbrook; and Brian Thompson, of Vancouver.
The RECFC was created in 2005 to provide protection for a member of the public who has entrusted a licensee with money that was either:
• obtained by fraud of a licensee or individual;
• misappropriated or wrongly converted;
• or intentionally not paid over or accounted for.