Bulletin 1977 V8-1
COURT MODIFIES BOARD ORDER
As reported in the 1975 Spring Quarter of the Bulletin the Board revoked the broker's license of Forrest C. Shaw 11 effective March 31 , 1975. Mr. Shaw appealed the decision and on February 17, 1977 a consent order was entered in the Superior Court for Cumberland County. The order recites that: (1) the facts are such as to justify a modification of the Board's decision; (2) the buyer's closing statement is inaccurate in important respects; (3) although the closing
statement was prepared by an attorney who handled the closing, Mr. Shaw is responsible for its accuracy; and (4) that failure to deliver an accurate closing statement constitutes a violation of G.S. 93A-6(a) (14). In lieu of revocation, the order suspends Mr. Shaw's real estate broker license for 60 days beginning February 21, 1977.