FOR COMPLETE READING ON TENANCY MATTERS, read the slides of Mr Lee Siew Seng “Issues of tenancy matters in Malaysia”. This is a case where a management corporation (or further Read More …
Category: 2.5 Real Est Agcy Practice
Legal Issues Surrounding Landlord-Tenant Relationships Amidst Covid-19
Q.What should be done amid COVID-19 for your tenant? A.The laws were visited in: 2019 Q3b – b) Eviction of tenant. Recover from Tenancy Tenant not paying rental! How to Read More …
2019 Q Analysis Real Estate Agency Practice
SoHo under Commercial or Residential?
Q. Is SoHo units under commercial or residential category of treatment by local government? A. This has effect on bills and ways these units be used. Commercial rates of electricity Read More …
Tenant injured landlord any liability?
Q. If a tenant or visitor is injured on property owned by a landlord, is the landlord liable for the injuries? A. Landlords have a duty to properly maintain common areas; warn Read More …
Securitization of Assets
Q. What is securitization of assets? Investopedia has the below explanation of “What is securitization?” Securitization is the process of taking an illiquid asset, or group of assets, and through financial engineering, transforming Read More …
Having breached Option Contract to Purchase
Q. What happens when the option contract to purchase is breached by the seller? In the case of Johnny and Betty, Johnny has agreed Betty to an option to purchase Read More …
Earn good money with EA licence?
Q. (Also posted in justLetak!)Can we really earn money (from your point of view) by taking up the course in near future and its prospects since it takes 4 years 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 …
Delay in signing SPA 2
Q. Azmi is selling his bungalow house. The buyer Janice agreed to purchase it and paid the 2% earnest deposit to you as the REN. You took the money and Read More …
Recovery of commission fee reward unlicensed broker
Q.Josephine is the daughter of Auntie Wong who has co-broked a bungalow house costing RM1 mio. She asks you as a REA whether her mother’s share of commission amounting to Read More …
Remembering Standards and Rules 2
Q.How do you remember the Rules on Advertisement and publicity? A.111 Matters forbidden(1) (a) inaccurate (b) solicitation (c) comparison (d) expert (e) self-laudatory (2) disrepute undermine public confidence 112 Promote Read More …
Remembering the Standards and Rules 1
Q.How to remember all that MEAS (Standards) and Rules in VAEA 1986? A.The 3-in-1 & 4-in-1 method. MEAS1. O = Office2. N = Negotiator3. T = Types of Appointment 4. Read More …
Contemplated Interest
Q.In Rule 88, Personal Interest to be disclosed, there are direct and indirect interests. Para (2) of the Rule 88 mentioned also “contemplated interest” besides personal interest. What is “contemplated Read More …
Personal Interest to be disclosed
Q.Johan is a negotiator who just joined a Realty Firm. He has the below questions: a) What is direct interest, and give example to illustrate this conflict. b) What is Read More …
Statutory termination of SPA
Q.Purchaser of a housing project being caught in situation that the project is abundant for a long time, what can be done? A.This is about purchaser who falls victim to Read More …
Standard Tenancy Agreement
Q. Can you provide a standard tenancy agreement? A. Go here to get a sample of tenancy agreement. *IMPORTANT* Tenancy Agreement is a legal document and to be enforceable by law, Read More …
What is the meaning of “demised” in estate?
Q.What is the meaning of “demised” in estate? Why is it used as in “Demised Property” during a Tenancy Agreement? A.Demise – in law and used in real estate terms Read More …
Obligations in Schedule H by Developer
Q. What are the obligations of developer to purchaser of a strata unit of a condominium project? A. See here on Duties of Developer in SPA. Developer requires to adhere Read More …