Updated: May 26, 2020
Please see this public notice regarding claims against Sutton Group Central Realty Inc. Notice of any and all claims by any potential creditor of and against Sutton Group Central Realty Inc., formerly of 60 Gillingham Drive, Suite 400, Brampton, Ontario must be filed on or before June 15, 2020, after which date there will be no consideration of any further potential claims regarding Sutton Group Central Realty Inc. by the undersigned. For more information, see the public notice.
Original Advisory Issued: December 29, 2017
On December 29, 2017, under the authority of the Real Estate Business Brokers Act 2002 (REBBA), the Real Estate Council of Ontario (RECO) issued a Freeze Order, freezing bank accounts of:
SUTTON GROUP CENTRAL REALTY INC., FORMERLY OF 60 GILLINGHAM DRIVE, SUITE 400 BRAMPTON, ON
Freeze Orders are invoked by RECO against brokerages when required to prevent funds from being withdrawn from a brokerage’s accounts in order to protect consumer deposits. Because Sutton Group Central Realty Inc. has no Broker of Record, RECO has taken steps to preserve the funds in the brokerage’s bank accounts. The matter is being investigated and additional action may be taken. Any new information will be made available on RECO’s website.
Individuals concerned about the impact of this Freeze Order are asked to use the contacts listed below:
Home buyers and sellers with questions about the impact of the freeze order, including whether a pending sale or purchase will be completed on time should contact:
Phone: (416) 207-3118
Toll Free: 1-800-245-6910, ext. 3118
Questions about consumer deposit claims, or other insurance-related inquiries, should be directed to RECO’s Insurance Department:
Phone: (416) 207-4841
Toll Free: 1-800-245-6910, ext. 4841