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Surrey, BC real estate agent is suing a financially troubled developer, Thind Properties, for $800,000 in allegedly unpaid commissions on sales of dozens of units in one of three major Metro Vancouver highrise condo projects facing receivership. The lawsuit, filed in B.C. Supreme Court, is part of a web of litigation surrounding several Thind projects.

    Gurmail Singh claims he entered into an agreement with Thind Properties to collect two per cent of the purchase price on 44 units in Burnaby's Highline Project. He alleges that the units were sold in September and that his efforts were solely responsible for their sale. The lawsuit is one of several filed against Thind projects, including a $1.7 million claim by Jab Contracting for work done at the Highline project.

    Thind Properties president Daljit Thind claims they were near a deal with a joint venture partner to refinance District Northwest when Kingsett Mortgage Corporation filed for receivership. He argues that appointing a receiver would result in lost value and opportunity for the company. However, Kingsett claims that interest on the mortgages is accruing at $31,661 per day for the Surrey project and $42,902 per day for the Highline.

    The court has yet to rule on applications to place two more Thind developments into receivership: Minoru Square and the Highline project referenced in Singh's lawsuit. The complex finances of the projects make it difficult to assess the impact of the proceedings.