The Real Estate Council of Ontario (RECO) has released a public advisory against agent Christopher Parik, whose professional registration was terminated on January 31, 2017.
“The [RECO] is warning members of the public not to engage in real estate transactions, including Rent to Own transactions (RTO) with Christopher Parik of York Region,” the Council stated in its announcement.
“Mr. Parik operated an independent RTO program under the website www.chrisparik.com, targeting a sector of the public who could neither afford, nor qualify to purchase a home with the promise of a ‘rent to own with zero down’ scheme.”
The RECO was action on the results of an investigation it conducted into Parik’s operations, following complaints the Council received in late 2016 and early 2017.
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