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Kauai Realtor Looses License, Choosing a Kauai Realtor
The responsibilities of a real estate license are many. Every month the state of Hawaii puts out a bulletin to the RE licensees that includes Administrative Actions. As a self proclaimed Kauai real estate know it all, I like to read these stories to see what violations have occurred in my choice of profession. Most of them are the usual DUI cases. A DUI or OVUII is considered a criminal case and licensees are required to report the conviction to the state licensee board. But more often then not there is a Allegation & Violation of a serious financial matter, encompassing fraud, embezzlement and other grave violations of a fiduciary matter to the license’s client or to the general public.
In the November 2016 State of Hawaii Real Estate Commission Bulletin there were 3 Administrative Actions that caught my interest. One involved a Kauai broker who ended up losing her license. For the purpose of this blog I will call her by her initials MSM. MSM had no intention of defrauding or embezzling any funds. But what I believe MSM did was "rent” the use of her broker’s license to a company or individuals Solecrest Properties LLC, who did not have a real estate license ... more

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