BOTTOM LINE REALTY & MANAGEMENT (CHARLOTTE) – By Consent, the Commission suspended the firm license of Bottom Line Realty & Management for a period of 16 months, effective March 14, 2025. The Commission then stayed the suspension in its entirety upon certain conditions. The Commission found that the Firm began providing property management services to a landlord-client in 2017 with the same tenant occupying the property since that time. The Firm failed to inform the landlord-client of needed repairs or ensure that staff was doing said repairs leading to additional damage from a leak in the crawlspace. The Firm failed to ensure that tenants had established utilities for subject property leading to the gas meter being removed and the tenants being without heat. The Firm failed to provide repair documentation to the landlord-client upon request.
CATHY COTTLE (WINSTON SALEM) – By Consent, the Commission reprimanded Cottle effective March 31, 2025. The Commission found that Cottle was the Broker in Charge of the listing firm of the subject property. Cottle’s listing agent (hereinafter “LA”) listed the subject property and began advertising in the MLS that the subject property contained 2,526 heated square feet. The LA represented that the 2,526 square feet included the 936 square feet in the basement, however the basement was unheated. Excluding the basement, the square footage would have been 1,590 square feet, which is the same as the county tax record. LA failed to notice the error until it was pointed out by a Buyer’s Agent during the listing period. Cottle failed to update the MLS to indicate the correct square footage.
RALONNIE DAVIS (CHARLOTTE) – By Consent, the Commission suspended the broker license of Davis for a period of 12 months, effective March 11, 2025. The Commission then stayed the suspension following a three-month active period upon certain conditions. The Commission found that Davis failed to remit rent proceeds and security deposit funds to an owner after that owner terminated a property management agreement with Davis. Davis, as the broker-in-charge, failed to properly account for trust monies and failed to reconcile the Firm’s trust accounts in accordance with Commission rules.
TIEASE DUNCAN (ERWIN) – By Consent, the Commission suspended the broker license of Duncan for a period of 6 months, effective March 1, 2025. The Commission then stayed the suspension in its entirety upon certain conditions. The Commission found that Duncan represented a buyer in a real estate transaction. The buyer obtained a home inspection which discovered potential evidence of termites and identified other potential issues. Duncan failed to competently review the inspection report and did not discuss with her buyer-client that they might want to conduct additional inspections. Duncan failed to ensure the buyer obtained a home warranty to be paid by seller prior to close, as was agreed to in the contract.
FAMILY FIRST PROPERTY MANAGEMENT & REALTY (JACKSONVILLE) – By Consent, the Commission permanently revoked the firm license of Family First Property Management & Realty, effective March 5, 2025. The Commission found that the Firm managed approximately 277 properties. On or about February 7, 2025, the Firm had shortages in its trust accounts in excess of $300,000.00.
KENLON PARK ESTATE LLC (CHARLOTTE) – By Consent, the Commission suspended the firm license of Kenlon Park Estate LLC for a period of 12 months, effective March 11, 2025. The Commission then stayed the suspension following a three-month active period upon certain conditions. The Commission found that the Firm failed to remit rent proceeds and security deposit funds to an owner after that owner terminated a property management agreement with the Firm. The Firm also failed to properly account for trust monies and failed to reconcile its trust accounts according to Commission rules.
KEVIN STRINGARI (CHARLOTTE) – By Consent, the Commission suspended the broker license of Stringari for a period of 16 months, effective March 14, 2025. The Commission then stayed the suspension in its entirety upon certain conditions. The Commission found that Stringari was broker-in-charge of a firm which began providing property management services to a landlord-client in 2017 with the same tenant occupying the property since that time. As broker-in-charge, Stringari failed to ensure that the landlord-client was informed of needed repairs or ensure that staff was doing said repairs leading to additional damage from a leak in the crawlspace, and failed to ensure that tenants had established utilities for subject property leading to the gas meter being removed and the tenants being without heat.
LEONARD RYDEN BURR LLC (WINSTON SALEM) – By Consent, the Commission reprimanded Leonard Ryden Burr LLC effective March 31, 2025. The Commission found that the Firm’s listing agent (hereinafter “LA”) listed the subject property and began advertising in the MLS that the the subject property contained 2,526 heated square feet. The LA represented that the 2,526 square feet included the 936 square feet in the basement, however the basement was unheated. Excluding the basement, the square footage would have been 1,590 square feet, which is the same as the county tax record. LA failed to notice the error until it was pointed out by a Buyer’s Agent during the listing period. The Firm failed to update the MLS to indicate the correct square footage.
DAMON WINSLOW (CHARLOTTE) – By Consent, the Commission suspended the broker license of Winslow for a period of 16 months, effective March 14, 2025. The Commission then stayed the suspension in its entirety upon certain conditions. The Commission found that Winslow was broker-in-charge of a firm which began providing property management services to a landlord-client in 2017 with the same tenant occupying the property since that time. As broker-in-charge, Winslow failed to ensure that the landlord-client was informed of needed repairs or ensure that staff was doing said repairs leading to additional damage from a leak in the crawlspace. Winslow failed to ensure that tenants had established utilities for the subject property, leading to the gas meter being removed and the tenants being without heat. Winslow failed to provide repair documentation to the landlord-client upon request.