Service NL
February 4, 2016

Public Advisory: Real Estate Licence Suspension

The provincial Superintendent of Real Estate Agents and Salespersons advises that the real estate licence for 50549 Newfoundland and Labrador Inc., operating as Exit Realty on the Rock, has been suspended under the provisions of the Real Estate Trading Act and Real Estate Licensing Regulations.

The suspension will take effect at 11:59 p.m. today, February 4, 2016, under the authority of the superintendent, who acts in the best interests of the public.

As this matter is under investigation, Service NL cannot provide further comment at this time. People who are engaged in real estate transactions involving this firm should contact their lawyer, or the Newfoundland and Labrador Association of Realtors. The association can be reached by phone at 1-855-726-5110, or by email at bstirling@nlar.ca. Industry professionals with questions about licensing can contact Service NL at 729-2595.

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Media contacts:

Jason Card
Director of Communications
Service NL
709-729-4860, 699-0470
jasoncard@gov.nl.ca
Bill Stirling
Chief Executive Officer
NL Association of Realtors
709-726-3002, 743-1566
bstirling@nlar.ca

2016 02 04                              3:00 p.m.