All of KTX's
brokers are fully licensed and professionally trained, holding a RIBO (Registered Insurance Brokers of Ontario) designation or g
brokers are
fully licensed and professionally trained, holding a RIBO (Registered
Insurance Brokers of Ontario) designation or g
Brokers of Ontario) designation or greater.
336 DOS 97 Matter of DOS v. Reyes - accounting to client; deposits; DOS fails its burden of proof; licensee violates 19 NYCRR 175.1 by depositing rents in the management of client's business into his operating account; licensee fails to
fully account for
insurance proceeds and pays himself management fees well in excess of amount agreed to; DOS fails to prove licensee wrongfully closed client account, improperly monitored charges assessed in the operation of client's apartment business and failed to pay
insurance premiums;
broker required to refund excess commissions earned plus interest and to
fully account for monies claimed expended for maintenance and repair;
broker's
license is suspended for 6 months and until such time as proof submitted of refund of excess commissions and accounting