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.
Flyer and Foreign Property Advertising in Malaysia Q1
Path to become REA Q2
Type of Agency Engagement & Client’s Account Q3
VAEP Act 1981 and EA Offences & Removal Q4
Earnest Deposit & Abortive SPA & Grace Period Q5
Professional Experience & CPD Q6
Estate Agency Laws & Offences Q7
Buying a tenanted house TPC – Practice Q25
Q. How is it different between buying a tenanted house compared to an empty house? A. When a property is bought with tenant, it can be:’ Vacant possession – that Read More …
Can you not pay RENT? TPC – Law Q14
Can you not pay RENT? Your toilet is having problem. It cannot function properly. You have asked help from the Landlord, however you were never entertained. The result was that Read More …
Allowable loss in RPGT TPC – General Q6
What is allowable loss in RPGT? When a property is sold, real property gains tax is a taxation on the gains for the transaction. On the other hand, if a Read More …
What is co-agency? TPC – Practice Q24
What is co-agency? How to avoid being cut-off? Co-agency as in Standard 7 of MEAS 2014 has the below definition. 7.1.1 Co-agency is co-operative agreement between a listing agency firm Read More …
Sequence of event to tenancy agreement TPC – Practice Q23
The sequence of events to a rental agreement. The landlord advertise to the public for potential tenants. This is invitation to treat. Prospect tenants are selected. The agent receives inquiries Read More …
Signed but did not pay deposit TPC – Law Q13
The Landlord and tenant signed the tenancy contract, however tenant has not paid the security deposit. Is the contract valid? In most cases, the landlord is a busy person. When Read More …
Money vs signature TPC – Law Q12
Money or signature, which is more important in a contract? In a normal sequence of events, a booking fee is paid upon an offer to the landlord or vendor. When Read More …
Contingent contract TPC – Law Q11
What is a contingent contract? Is that “time is an essence” a contingent contract? In case where the tenant says he will only RENT the premises after the landlord has Read More …
Redemption sum larger than transacted amount TPC – Practice Q22
What if the redemption sum is larger than the 30% of the transaction amount? Take for example, you bought a property from John at RM500,000. Your loan is 70%, ie Read More …
Post SPA Stage – Part 2 of 2 TPC – Practice Q21
Why is the first 10% payable to seller upon signing of SPA, and the 20% (if loan at 70%) not payable but held in client’s account of the lawyer later Read More …
Post SPA Stage – Part 1 of 2 TPC – Practice Q20
What is the difference between before and after signing SPA? What is 10% upon signing SPA? The 10% upon signing of SPA is a condition for the contract. In other Read More …
Time is an essence Part 3 of 3 TPC – Law Q10
Time is an essence – Part 3. When time is not essential, can you claim damage? Take an example, you have a basket of fruits in a pasar malam on Read More …