DAVID P. CHEEK (Lewisville) - By Consent, the Commission accepted the permanent voluntary surrender of Mr. Cheek's broker license effective July 16, 2001. The Commission dismissed without prejudice allegations that Mr. Cheek violated provisions of the Real Estate License Law and Commission rules. Mr. Cheek neither admitted nor denied any misconduct. DPC PROPERTY MANAGEMENT COMPANY (Lewisville) - By Consent, the Commission accepted the permanent voluntary surrender of DPC Property Management Company's corporate license effective July 16, 2001. The Commission dismissed without prejudice allegations that DPC Property Management Company violated provisions of the Real Estate License Law and Commission rules. DPC Property Management Company neither admitted nor denied any misconduct. MICHAEL JONES (Hendersonville) - By Consent, the Commission suspended Mr. Jones broker license for a period of 30 days effective June 1, 2001. The Commission then stayed the suspension for a probationary period of one year. The Commission found that Mr. Jones misinformed a property owner about trees cut on the owner's property. STEPHEN ALLEN LUCION (Snow Hill, MD) - By Consent, the Commission accepted the permanent voluntary surrender of Mr. Lucion's salesperson license effective July 17, 2001. The Commission dismissed without prejudice allegations that Mr. Lucion violated provisions of the Real Estate License Law and Commission rules. Mr. Lucion neither admitted nor denied any misconduct. JAMES E. MCCURRY, JR. (Charlotte) - By Consent, the Commission suspended Mr. McCurry's broker license for a period of 30 days effective May 1, 2001. The Commission then stayed the suspension for a probationary term of one year. The Commission found that Mr. McCurry, as broker-in-charge, allowed an unlicensed person to engage in negotiating lease terms and in similar acts for which a real estate license is required. MCCURRY PROPERTIES, INC. (Charlotte) - By Consent, the Commission reprimanded McCurry Properties effective April 12, 2001. The Commission found that McCurry Properties, a licensed brokerage firm, paid an unlicensed person to engage in negotiating lease terms and similar acts for which a real estate license is required. WALKER L. MILES (Wilmington) - By Consent, the Commission revoked Mr. Miles' broker license effective March 22, 2001. The Commission found that Mr. Miles failed to deposit funds from a buyer for a listed property into a trust account, instead converting the funds for his own personal use. The Commission also found that Mr. Miles failed to maintain and produce trust account records for this transaction and to provide a written response to letters from the Commission's staff. The Commission further found that in a separate transaction, Mr. Miles failed to deposit a tenant security deposit into a trust account, to account to the tenant for the deposit and to pay a judgment the tenant obtained against him for the deposit. PIONEER REAL ESTATE (Wilmington) - By Consent, the Commission revoked the corporation license of Pioneer Real Estate effective March 22, 2001. The Commission found that Pioneer failed to deposit funds from a buyer for a listed property into a trust account, instead allowing its Broker-In-Charge to convert the funds to his own personal use. The Commission also found that Pioneer failed to maintain and produce trust account records for this transaction and to provide a written response to letters from the Commission's staff. The Commission further found that in a separate transaction, Pioneer failed to deposit a tenant security deposit into a trust account, to account to the tenant for the deposit and to pay a judgment the tenant obtained against him for the deposit. KYLE S. REA (Fayetteville) - By Consent, the Commission reprimanded Mr. Rea effective July 16, 2001. The Commission found that Mr. Rea, as broker-in-charge of his sole proprietorship, failed to implement a trust account record keeping system as required by Commission rules. Mr. Rea cooperated with the Commission staff to implement correct record keeping methods. There was no evidence of any mishandling of funds of others by Mr. Rea. MICHAEL T. RICHARDSON (Ramseur) - The Commission accepted the permanent voluntary surrender of Mr. Richardson's broker license effective June 7, 2001. The Commission dismissed without prejudice allegations that Mr. Richardson violated provisions of the Real Estate License Law and Commission rules. Mr. Richardson did not admit any misconduct. VERNON J. VERNON (Raleigh) - The Commission suspended the broker license of Mr. Vernon for a period of two years effective June 1, 2001. Eleven months of the suspension are to be active and the remaining period stayed for a probationary term of thirteen months. The Commission found that Mr. Vernon, while under a stayed suspension of his broker license and on probation, failed to disclose this disciplinary action to the North Carolina Licensing Board of General Contractors on two separate renewal forms that required him to disclose this information. The Commission further found that Mr. Vernon failed to conduct himself in a competent and worthy manner during resolution of title issues relating to two adjoining properties, one of which was owned by the firm with which Mr. Vernon was affiliated. JOHN R. WADE (Pinehurst) - The Commission accepted the voluntary surrender of Mr. Wade's broker license for a period of one year effective June 1, 2001. The Commission dismissed without prejudice allegations that Mr. Wade violated provisions of the Real Estate License Law and Commission rules. Mr. Wade neither admitted nor denied any misconduct. JAN L. WEEKS (Murphy) - By Consent, the Commission reprimanded Ms. Weeks effective April 12, 2001. The Commission found that Ms. Weeks accepted a deposit and contracted with buyers to sell property that she did not own. Although Ms. Weeks later obtained an installment contract to purchase the property from the sellers, that agreement did not give her possession rights and the seller refused to acknowledge the buyers' possession. The Commission noted that Ms. Weeks has entered into a settlement with the buyers in civil action over the same issues. |