Q.Explain the coverage provided for under the following: a) Fire insurance. (8 marks) b) House Content Insurance. (6 marks) c) Professional Indemnity Insurance. (6 marks) (20 marks, 2017 Q2) A.a) Read More …
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MEAS on Advertisement, EAP & Offices Q3
Q. With reference to Malaysian Estate Agency Standards, explain the following: a) Types of advertisements. (7 marks) b) Person who can set up an estate agency firm. (6 marks) c) Read More …
Condition during VP is not as stated in SPA Q4
Q. Discuss the remedies available to a purchaser who is aggravated by the fact that conditions of the property delivered by him are not as stated in the contract. You Read More …
5 fundamental elements before SPA Q5
Q. Upon accepting the letter of offer for sale from the vendor, discuss five (5) fundamental elements to be deliberated by the purchasers before executing the contract of sale and Read More …
Steps to minimize failure of financing Q6
Q.Discuss four (4) important preventive steps to be taken by estate agents to minimize the risk of purchasers failing to secure property financing. (20 marks, 2017 Q6) A.1. CTOS/CCRIS – Read More …
Capital Value v Rental mismatch Q7
Q.Mr. Mac Robert from United Kingdom is seeking your advice on the Malaysian property investment market. His initial findings is that there is a mismatch between the rental value against Read More …
Exclusive vs Ad Hoc Agency Q8
Q. a) Between exclusive agency and ad hoc agency appointment, ascertain which of these two agency appointment is more beneficial to a developer intending to sell housing units in a Read More …
Proper Office Standard Q1
Q. A proper office should not only be proper in its legal entity but must also be complete in its physical set up, management and operation practice procedures as per Read More …
Advertisement & Flyer requirements in MEAS Q2
Q.a) When advertising property for sale or to let, state the various conditions that the advertisement should comply with as per Standard 6 b) State the various rules for a Read More …
Various Rules on Offences Q3
Q.State the rules on the following cases: a) Agent A from ABC & Co. represents a purchaser to a transaction of Property P and Agent B from ABC & Co. Read More …
Experience & CPD for TPC Q4
Q. a) Explain the main and sub areas of approved professional experience to enable probationary estate agents to sit for the Test of Professional Competence. b) List the various Continuous Read More …
Types of Agency Appointments Q5
Q. a) Explain the various types of agency appointments. b) Define the following: i. Estate Agency Practice ii. Listing Agent iii. Co-agency iv. Multiple Listing (25 marks, 2017 Q5) A. Read More …
Duties and responsibilities Client’s Acc Q6
Q. State the estate agent’s duties and responsibilities towards a client’s account. (25 marks, 2017 Q6) A. Questions on client’s account is a sure come out. Look at the past Read More …
Disciplinary Action under s.24 Q7
Q. a) List the offences that can be committed by Estate Agents that may render disciplinary action as stipulated under Section 24 of the Act. b) Describe the various disciplinary Read More …
What is the basis of Contract Law that says the agreement is void?
Q. What is the basis of Contract Law that says the agreement is void? This question refers to the “Delay in signing SPA”. A. Amzi was supposed to fly on Read More …
Professional fee in abortive SPA
Q. In the scenario of Azmi and Janice earlier on, what happen to the professional estate agent fee? A. MEAS 4.2.8. Where earnest or rental deposit is paid and accepted Read More …
Service of employee of another REA
Q.Johan is a new REA coming to town. One day, while cracking his head on slow business, he was approached by a REN of another agency to have a heart Read More …
Unfair advantage in promoting oneself
Q.Johan and few other REAs are competing in the same area for business. In order to win more clients, Johan came out with some ideas. Some of his strategies are:- Read More …
Rebates, commission sharing or fee splitting
Q.Popular REA Johan is usually asked by client who is the SPA lawyer so that they can obtain special service in doing their SPA. Johan always recomment his old classmate Read More …
Delay in signing SPA 1
Go here for this posting – earnest money forfeited or return to Purchaser? Q. Azmi is selling his bungalow house. The buyer Janice agreed to purchase it and paid the Read More …