Disciplinary Action

The Commission suspended the salesman's license of DOUGLAS B. CARSON of Charlotte for 45 days, but suspended the Order and placed him on probation for one year and required him to attend the Trust Account Course. The Commission found Mr. Carson guilty of failing to keep funds of others in a trust account, and placing trust funds in an interest-bearing account without proper authorization.

The Commission revoked the broker's license of JASIA G. DUDKO of Belmont but issued her a salesman's license. The Commission found numerous trust account violations on her part, not committed with intent to defraud, but out of inability to manage a real estate business. The Commission therefore permitted her to continue in the real estate business under the supervision of an experienced broker.

The Commission suspended the broker's license of JAMES M. EDNEY of Hendersonville for 90 days (30 days active, remainder suspended, one year probation) for failing to deposit trust funds into escrow, failing to keep trust records as required by the Commission's regulations, and failing to display renewal stickers on his agents' license certificates.

The Commission suspended the broker's license of MARTHA M. GENTRY of Laurinburg for two years (two months active, remainder on probation) for assisting home buyers in furnishing false information to a lender, misrepresenting the amount of earnest money she held, and arranging for a borrower to pay the then prohibited FHA loan discount points.

The Commission censured broker KENNETH R. INGRAM of Durham for failing to properly advertise or market a house listed for sale with him that was in the process of foreclosure, and for failing to competently advise his seller-clients of their rights and opportunities.

The Commission suspended the broker's license of KENWYN N. (BILL) JOHNSON of Laurinburg for 60 days for arranging for secondary financing for home buyers without notifying their primary lender, and for failing to provide them a closing statement.

The Commission suspended the salesman's license of CORNELIUS R. JONES of Greensboro for 60 days for failing to turn over all of an earnest money deposit he received to his employing broker, misrepresenting to his broker the amount received, and making deliberate misrepresentations to the Commission's investigator.

The Commission suspended the salesman's license of SHERILYN G. LEGGETT of Laurinburg for 21 days for preparing a contract with an incorrect sale price to avoid a Farmers Home lending limit, and for preparing a closing statement with a false sale price.

The Commission suspended the broker's license of PHILLIP R. LIPPARD of Kannapolis for 90 days (30 days active, remainder suspended, one year probation) for commingling earnest money with his personal funds, thus creating a shortage in his trust account. The Commission also ordered Mr. Lippard to attend its Trust Account Course.

The Real Estate Commission revoked the broker's license of BOBBY J. PRESSLEY of Charlotte for assisting home buyers to submit a false "gift letter" and other false information to a lender, for misrepresenting the amount of earnest money he held, and for failing to keep promises to the buyers regarding repairs.

The Commission suspended the broker's license of RAMON C. RODRIGUEZ, JR., of Fayetteville for 90 days (30 days active, remainder suspended, one year probation) for failing to place rents and security deposits in a trust account.

The Commission revoked the broker's license of JAMES E. ROOT of Hendersonville for failing to produce records of his trust account activity to the Commission's Trust Account Auditor.

The Commission reprimanded NELLIE S. SAUNDERS of Kitty Hawk for negligently preparing an offer to purchase, so that her customer purchased a different lot than the one she intended to purchase.

The Commission reprimanded LAURIE S. COOPER and CLAUDE P. SMITH of Raleigh for negligently failing to provide a home buyer a termite report that revealed termite damage.

The Commission suspended the broker's license of JEAN V. WHEELER of Fuquay-Varina for 90 days (30 days active, remainder suspended, one year probation) for commingling trust funds with her personal funds and using trust funds to make loans to various individuals.