Disciplinary actions

Complaints that AIPP Members have breached their obligations under the Code of Conduct are dealt with in accordance with the Association's Disciplinary Procedure.

Where serious breaches of the Code are proven, the AIPP has the right to expel the company concerned. A list of the companies removed from AIPP in response to disciplinary action are as follows:

 

09/11/11 - Cases no. C2403, C2402: Scandinavian Property - Swenor Eiendom AS

Company removed from membership due to failure to adhere AIPP Code of Conduct by failing to respond to AIPP regarding the matters surrounding alleged fraud with guaranteed return on investments through various subsidiaries. 

09/11/11 - Cases no. C2502, C2401, C2501: Property Prophets Ltd

Company removed from membership due to failure to act in line with the code of conduct, by not adhering to payment plan and non communication with AIPP.

03/11/09 - Case no C2266: Red Specialist Group Ltd

Company removed from membership due to failure to account for client deposit monies, and failure to reimburse the debt or provide an audit trail. The Tribunal found several breaches of the AIPP Code of Conduct in this case.

 

17/12/08 - Case no C2107: DSR – David Stanley Redfern Ltd

Company removed from membership due to loss of client deposit monies, and failure to reimburse the debt within a specified timeframe.

 

19/11/08 - Case nos C2122, C2127, C2169: Worldwide Destinations Ltd

Company expelled from membership due to the selling of properties based on mortgages that were not, at the time, available. In addition, a failure to respond to the requests of the AIPP regarding disciplinary matters.

 

24/09/08 - Case no C1050: Parador Properties Ltd

Company expelled from membership for failure to pay disciplinary fine imposed by AIPP. The fine of €14,000 had been imposed for ‘failure to take all possible steps to avoid conflicts of interest, and a failure to decline to deal with any transaction where such conflicts arise’. The company was in administration by the time the expulsion took effect.

 

27/08/08 - Case no C2040: Belvedere Villas – Powerman Ltd

Company expelled from membership due to failure to comply with requests of the AIPP regarding a disciplinary matter. Company was also found to be in breach of 1.1 and 1.2 of the AIPP Code of Conduct.

 

28/05/08 - Case no C1045: The Superior Real Estate Group Ltd

Company expelled from membership for failure to pay disciplinary fine imposed by AIPP. Fine imposed was £10,000 for ‘misleading prices on its website’ (case C1022). In addition, company ordered to pay costs of £500 (case C1028) and £1,500 (case C1032). The company was in administration by the time the expulsion took effect.

 

26/03/08 - Case nos C1041, C1042: Global Choice Ltd

Company expelled from membership due to failure to comply with requests of the AIPP regarding disciplinary matters, breaching 4.1, 4.2 and 4.3 of the AIPP Code of Conduct. In addition, fines imposed of £5,000 (for breaches of 1.1 and 1.2 in case C1041) and £2,500 (for breach of 1.1 in case C1042) were unpaid.

 

30/01/08 - Case no C1039: Bulgarian Dreams - Berkeley Square Trading Ltd

Company expelled from membership due to failure to comply with requests of the AIPP regarding disciplinary matters. In addition, the company was found to have breached 1.1, 1.2 and 1.3 of the AIPP Code of Conduct. The Tribunal ‘concluded that the customer service of Bulgarian Dreams had been disgraceful in this case.’

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