What is the fine for an individual convicted of a second or subsequent violation?

The fine for an individual convicted of a second or subsequent violation is set between $2,000 and $5,000. This specific range addresses the increased severity of penalties imposed on repeat offenders within the regulatory framework. It reflects the intention of the law to deter individuals from committing further violations, thereby promoting compliance with relevant real estate practices and regulations.

Knowing that the fine escalates with repeated offenses underlines the principle of accountability in the real estate profession. While first-time offenders may receive lesser penalties, the law recognizes that subsequent violations indicate a disregard for the rules and potential harm to consumers and the integrity of the profession. This graduated scale in fines serves not just as punishment but also as a deterrent mechanism to encourage individuals to adhere strictly to laws governing real estate practices.