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 Read More …
Author: Thomas Sim E3009
I am the founder and webmaster of estateagentexam.com. This is an E-Learning website for Diploma in Estate Agency Examination conducted by Board of Valuers, Appraisers, Estate Agents and Property Managers, Malaysia (BoVAEP). I am contactable at 012 - 8866 090 and email address simyansun@gmail.com.
Tender – advantages and disadvantages
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 Read More …
Non-performance of SPA and termination
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 Read More …
Conveyancing without title
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 Read More …
Caveat emptor
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 Read More …
Private Treaty, Auction, Informal and Formal Tender
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 Read More …
Disadvantages of Sale by 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 Read More …
Unethical Real Estate Practices
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 Read More …
9th Meeting – Olde Station City Mall KK
Who actually has “interest in land”?
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 Read More …
Rental method of rating valuation
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 Read More …
Managing property of the deceased
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 Read More …
What do you mean by ‘DISITA’?
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. Read More …
Extension of Leasehold Land in Selangor and Kuala Lumpur
Q. I have my land expiry of its lease in the next 10 years, situated within the State of Selangor. Can I apply for extension of lease and how much Read More …
Procedure to be a REA Q1
Q. Ahmad has passed his SPM Examination. Explain the procedure for Ahmad to realize his ambition to become a registered estate agent. (25 marks, 2016 Q1) A. In order to Read More …
Profession conduct and avoid conflict of interest Q2
Q. ‘An estate agent should be knowledgeable, conduct his business professionally and avoid conflict of interest.’ Discuss this statement in line with Code of Conduct and Ethics for agents. (25 Read More …
Proper office according to MEAS Q3
Q. An estate agent shall conduct his business in a proper office. Describe the characteristics and function of a proper office as per the Malaysian Estate Agency Standards. (25 marks, Read More …
Client’s A/C, Flyer, Co-agency and SPA Q4
Q. Write short notes on the followings: (a) Estate Agency Practice (b) Client’s Account (c) Flyer (d) Co-agency Practice (e) Sale and Purchase Agreement (25 marks, 2016 Q4) A. MEAS Read More …
Standard 5 Precise Language in terms of engagement Q5
Q.’The term of engagement given by the client to the estate agency firm dictates the scope of its authority and it is therefore important that such terms are precise in Read More …
Auction v Tender & Discount for Fees Q6
Q. (a) Describe the three (3) modes of selling a property. (b) State the differences between Auction and Tender. (c) State the scale of fee in the sale of a Read More …