Activity

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 to the regulation by […]

Q.Who is the party to decide the value of the property I bought so that I can pay the stamp duty?A.The valuation of the property is by JPPH – Jabatan Penilaian dan Perkhidmatan Harta, but the authority to collect […]

Q.
List down the duties of Developer in Sale and Purchase Agreement (SPA).

A.
Obligations in Schedule H by Developer.

Background
Housing developers in Peninsular Malaysia are mainly governed by the […]

Q.Explain the stages of a Developer in a housing development project.A.GENERAL OPERATION OF THE INDUSTRY A property developer is a person or company that engages in or carries on or undertakes or causes to be […]

Q.
b) Explain the necessity of co-agency arrangement among estate agency firms. (5 marks)

(20 marks, 2014 Q7b)

A.
(Part 1 on Agent’s agent also involves sub-agents, who are like RENs. However, here we […]

Q.
Sale by tender, what are the advantages and disadvantages?

A.
Refer earlier posts on tender below:

2012 Q8
2013 Q7
2014 Q3
2015 Q6
Tender – advantages and disadvantages (This Question)
Private […]

Q.
Deliberate on the effects and consequences of non-performing by the parties involved towards these obligations and the possible remedial action that can be taken.

A.
The original question is here. Much of […]

Q.Describe the process of conveyancing from Vendor agreeing to sell a property to a purchaser, assuming that the property is a subsale and with title. What would differ, if it is a property without title?A.The […]

Q.What is the meaning of ‘caveat emptor’?A.Except for a few instances, the general rule when it comes to buying anything is caveat emptor – let the buyer beware.Caveat emptor /ˌkævɛɑːt ˈɛmptɔːr/ is Latin for […]

Q.
Give the various types of mode of sale, private treaty, auction, informal and formal tender.

A.
See also:

2012 Q8
2013 Q7
2014 Q3
2015 Q6
Tender – advantages and disadvantages
Private treaty, […]

Q.
(b) Discuss three (3) disadvantages of the private treaty mode of sale of property to the prospective purchaser. (10 marks)

(10 marks, 2015 Q6b)

A.

2012 Q8
2013 Q7
2014 Q3
2015 Q6 (This […]

Q.

List down some of the unethical practices you know about the real estate industry.

A.
11 Of The Sleaziest Real Estate Practices
By Gary Lucido, August 14, 2011 at 2:50 pm

If you ever wondered to […]

Q.Real Estate Market is Inefficient, why?A.The real estate market is inefficient in terms of information required to apply economic models. Several examples illustrate this limitation.Market is private and […]

Q.
Land is a everlasting commodity. It is also scarce and limited. Before we were born, the land is already here. So, who actually has ownership and interest on this land?

A.
For Wikipedia, interest of owning […]

Q.
What is rental method of rating valuation and when should it be used?

A.
Go here to read the article from its original site. This is verbatim from the original site.

The rental method should be used where […]

Q.
Briefly explain the program – My First Home.

A.
Criteria for My First Home Scheme:

• Applicable to Malaysian citizens
• First time home buyers.
• Individuals up to the age of 35 years
• Residen […]

Q.Can you give a brief picture of the Malaysian Housing Policy since independence?A.See summary by Syafiee Shuid below:-Ref:Shuid, Syafiee. Low Medium Cost Housing in Malaysia: Issues and Challenges. Department […]

Q.
How to transfer property of a person who recently passed on?

A.
I recently come across this issue with my auntie, who suffered a stroke during an operation. She was wheeled out of the OT unconscious […]

Q.
When a holding has arrears unpaid, the local government can pursue legal action to siege the holding. Explain the law involved in this process. What is From H?

A.
‘Harta ini disita’ carries the meaning of […]

Q.What is Weber’s Theory of Location and how did Weber’s approach on location affects industries?A.Please read below an article about Industrial Location Theory.Alfred Weber identified the most significant factors […]