NORTH CAROLINA BEFORE THE NORTH CAROLINA WAKE COUNTY REAL ESTATE COMMISSION yy BP Case #016-1025, b16-Hid;& D16-1044 INRE ‘SHAWN THOMAS JOHNSON, CONSENT ORDER Respondent. ‘THIS CAUSE coming ono shear and being ead Before he North Carlin Real Estate Commision (heen “Commision) on Bee ST piveungy sand FEBRUARY 19 2019 IT APPEARING tothe Commission th the undersigned Respondent hs ipl to certain ats and Kgl concasions and othe entry ofa Consent Onder in conformity herewith, ITI HEREBY STIPULATED by de undersigned Respondent that (1) (@) Ata imes material hereto, SHAWN THOMAS JOHNSON (hereinafter “Respondent”, was licensed by the Commission a areal estate broker, holding Hwnse number 285346, conducting realest Brokerage service in nd around Buncombe County, North Carolina. () In case A15-1396, the Commision granted Respondent’ license but restricted him from becoming a broke-n-chargeor «qualifying broker unl June 19,2022. Respondent consented to the restriction on is {) Respondent operated property management business fora fein and around Buncombe County, North Carolina, sometimes under the business entity Stay Asheville Inc. a North Carolina corporation. Respondent’ property management busines i focused on short-term rental, specifically using Aiba asa patorm torent properties. Respondent filed to obtain a realestate firm license fo Stay Ashville Inc. (4) Between 2015 and present, Respondent hs rented a east nine properties on behalf of eters fora fc without entering into writen property management agreement (c) Respondent failed to maintain aust account to hod the renal proceeds fr his omer cients ‘nd fied to Ke any trust account record instead, Respondent directed Airbab wo deposit renal proceeds into his personal bank accounts. Respondent comming personal mone) nth trust money in these bank acount Respondent fed to account for and disburse tus money to his owner client. (9 Respondent rented 72 Tremont rte Upstream Way. and 64 Pine Cone Dr. on Abn, Each of those properties is within the Asheville city limits. Respondent rented tes properties as shr-erm rentals without fis obtaining a Homestay Permit rom the City of Asheville as required under the City of Asheville ordinances. () Respondent filed to execute, maintain. produce tothe Commission's investor, any records related tobi property management cpeacion (b) Respondent neither admits nor denis tht he modified pre-approval nd prequlification lees that were writen for othe individuals to use fr his own purposes 2) Theundersigned Respondents conduct described in Paragraph | above constitute violation of NCGS. § 93A-6(a)1) 2) (3), (1), (8) (10), (12), and (15); and DINCAC. S8A.0104, 0108, 0116, and.0117 (2) Theundesigned Respondent expressly waives notice of hearing, hearing the msking of findings of fact and conclusions of law, and al further proceedings before the Caisson to which the Respondent may be ented by law, (4) The undersigned Respondent waives alright to seck judicial review oro otherwise challenge the validity ofthis CONSENT ORDER. (9) This CONSENT ORDER contains the entre agreement between the undersigned, there being no agreement of any kind, verbal or otherwise, which varies, alts, ‘or adds to this CONSENT ORDER. The undersigned Respondent agress that presentation ofthis CONSENT ORDER to the Comission without the undersigned Respondents being present shall not constitute an improper ex parte commanicaon between the Commission an its couse. This CONSENT ORDER stall be effective ‘onl after approval by the Commission and the Executive Director ofthe Consmission has fixed her signature andthe Sel ofthe Commission hereto NOW, THEREFORE, IT IS HEREBY ORDERED that effective upon acceptance bythe Commission, _X__ The undersigned Respondents broker license, number 285346, is hereby PERMANENTLY REVOKED, X____ OTHER TERMS AND CONDITIONS: X___Onthe effective date, Respondent shal return his license cetficate tothe Commision and shall not, following revocation, act as or hold himself out be a reat estate broker. uly February 2019 Pee IMIMISSION By, eh. Ch 0 Wms Baws, sesive Brea ‘SEE REVERSE SIDE FOR IMPORTANT INFORMATION.