Q. a) With reference to the Arbitration Act 2005, explain the grounds for refusing recognition or enforcement of awards. (10 marks) b) Explain the procedures of property auction. (10 marks) Read More …
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Relationship Land Owner & Agent Q4
Q.Discuss the nature of relationship between a land owner and an estate agent. (20 marks, 2012 Q4) A.The term ‘agency’ is used in law to describe the relationship between the Read More …
Contract – Estoppel Q3
Q.R entered an oral agreement to take a ten year lease of C’s villa, Singgahsana. Following the agreement, C has spent RM5,000 on internal redecorations in Singgahsana, entirely to the Read More …
Mediation vs Arbitration
Q.What is the difference between mediation and arbitration?A.Mediation is a voluntary dispute resolution process; all parties must consent to participate in good faith and work toward a mutually agreeable resolution. Read More …
Advantages of mediation
Q.What are the advantages of mediation? Is it legally binding? A. The benefits of mediation[1] include: Cost—While a mediator may charge a fee comparable to that of an attorney, the mediation Read More …
Mediation
Q. Explain the terms below in the context of legal proceedings: a) Mediation b) Lawyer supported mediation c) Party-directed mediation d) Restorative justice e) Collaborative law f) Conciliation a) Mediation Read More …
Battery
Q.What do you understand by “battery” in the context of law? A.Battery is a criminal offense involving unlawful physical contact, distinct from assault which is the act of creating apprehension of such contact. (Wikipedia)In the United Read More …
The Equity
Q.Define “Equity law” or “Law of Equity”.A. (1) Fairness or natural justice. (2) That body of rules formulated and administered by the Court of Chancery to supplement the rules and procedure Read More …
The Common Law
Q.What do you understand by “Common Law” A. That part of the law of England formulated, developed and administered by the old common law courts, based originally on the common Read More …
Coercion
Q. Briefly explain; Coercion A. Similar question was asked in: MIA QE 2012/3 Q1 (b)(i) Coercion MIA QE 2014/3 Q1 (c)(i) which render a contract voidable What constitute a voidable contract? Read More …
Judicial Precedent Q2
Q. Briefly explain; a) Judicial precedent b) Coercion c) Battery d) Arbitration (20 marks, 2012 Q2) A. a) Judicial precedent Judicial precedent are asked in: MIA QE 2008/3 Q1 (c) Read More …
Contract – force majeure
Q. What is ‘Force Majeure’ in contract law? A. Force Majeure or vis major (Latin) “superior force”, is also known as cas fortuit (French) or casus fortuitus (Latin) “chance occurrence, unavoidable accident”,[1] Force majeure is a Read More …
Contract – Doctrine of Frustration Q1
Q. ‘It is a basic common law rule that a party is not discharged from his contractual obligations merely because performance has become more onerous or impossible owing to some Read More …
Marketing Research and Market Research
Q.What is “market research” and how “market research” differs from “marketing research”? Briefly describe marketing research in property marketing. Why is marketing research necessary? Why is it not? A.Market research Read More …
Marketing research in Marketing Mix Q7
Q. Various types of marketing researches may be needed to support decision on the aspect of the marketing mix. With the use of examples relating to residential property development, explain Read More …
Marketing Research in Property Q6
Q.Marketing research is essential to deliver accurate information for an effective marketing strategy. Discuss the various processes involved in conducting a market research for a proposed vacant development site. (25 Read More …
4 Ps in Property Q5
Q. a) Identify the four (4) groups of variables known as the “four Ps” of the marketing mix. (5 marks) b) With the use of example in relation to the Read More …
Product Life Cycle Q4
Q. A product life cycle (PLC) has five (5) distinct stages/phases. a) Briefly explain four (4) stages of the PLC. (5 marks) b) Explain the various market strategies to be Read More …
Segmentation of Market Q3
Q.The real estate market needs some bases and variables for the segmentation. With the use of examples of a residential property development, explain the variables to be used for segmenting Read More …
Marketing functions in real estate Q2
Q. a) Explain briefly the common marketing functions in real estate. (5 marks) b) Discuss how real estate characteristics may influence the roles and functions of real estate marketing. (20 Read More …