Anne Squires, the owner of Exit Realty on the Rock, elected Thursday to be tried by judge and jury on charges of theft and fraud.
Squires didn't appear in court but was instead represented by lawyer Randy Piercey.
Squires was charged with theft over $5,000, fraud over $5,000, uttering a forged document and breach of trust, following what police called a "lengthy and thorough investigation into Squires and her business dealings."
In a court document obtained by CBC News in February 2016, police investigators wrote they believed Squires falsified home purchase and sales agreements.
The Royal Newfoundland Constabulary began its investigation back in January 2016.
Squires has a preliminary hearing set for November 14 in provincial court. If there is enough evidence to send the case to trial, it will take place in Supreme Court.