Activity

Q.
What is a contingent contract? What has impossible event to do with contingent contract?

A.
See
See contingent contracts here and
Scenario 1,
Scenario 2,
Scenario 3, and

Scenario 4.

Part IV, S […]

Q.In a process of transaction, buyer signed the contract with the principal without seeing the principal. He only saw the agent. Can he ask the agent to do the necessary (like vacating the premise) without […]

Q.In the real estate industry, there are many occasions that agents post themselves as owners of properties. If you happen to believe that is being true, and only found out the truth at the last instance of […]

Q.Principle of Estoppel is a common law. Is there a statute in such place?A.The Contracts Act 1950 under Part X – Agency has a provision on such matter.S.190 Liability of principal inducing belief that agent’s […]

Q.
(a) Citing relevant statutory provisions, explain the creation of agency by:

(i) Ratification; (4 marks)

(ii) Necessity. (4 marks)

(b) In relation to agency, explain the difference between actual a […]

Q.
(a) With reference to statutory provisions, describe three (3) ways by which an agency may be created, other than by “express appointment”. (6 marks)

(b) In relation to an agency relationship, in a situ […]

Q.
(a) What is meant by ‘Judicial Precedent’? (5 marks)

(b) Describe the basic elements of a valid contract. (7 marks)

(c) State the main difference between a ‘void contract’ and a ‘voidable contract’?  […]

Q.(a) State the enabling Act that allows the application of English common law in Malaysia and the conditions imposed for its application. (5 marks)(b) Under the law of contract:(i) Apart from ‘offer’, ‘acc […]

Q.
Distinguish

(i) Tort,
(ii) Crime,
(iii) Contributory Negligence, and
(iv) Absolute Liability.

A.
(i) Tort

A tort, in common law jurisdictions, is a civil wrong[1] that unfairly causes someone else […]

Q.The appointment of agent can be in more than expressed appointment, i.e. written or verbal. However, appointment of agent indirectly by ratification and estoppel is rather confusing. Can you differentiate […]

Q.
What do you understand by discharge of contract by performance? What if performance is by a representative? Or, it is not completed? Is it still performance? Or breach?

Refer earlier post discharge […]

Q.
If I have a property rental per month of RM1,600 and the tenancy agreement is for a period of 24 months, how much stamping fee would it be?

(Assuming that I need to produce a copy to the tenant, and I keep […]

Q.
What can you landlords do when your tenants are not paying monthly rent?

A.

FOR COMPLETE READING ON TENANCY MATTERS, read the slides of Mr Lee Siew Seng “Issues of tenancy matters in Malaysia”.

The […]

Q.
What are the fee allowable on agency appointment?

A.
The Lembaga (LPPEH) and Malaysia Institute of Estate Agents (MIEA) have the following fee schedule published in their websites:

This fee schedule is […]

Q.
What is the relationship of value in land with its productivity and profitability? What is the theory which support this relationship?

A.
This is the “Bit Rent Theory of Ricardo”.

Similar questions had […]

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