Q. It is important that an estate agent conducts his practice in a professional manner. Explain this statement with regards to: a) proper office b) proper record c) engagement and Read More …
Category: 2013 D08 EAL
REA responsible for REN Offences Q2
Q. Estate agents are responsible for the offences committed by their negotiators in the course of their work. Explain five (5) offences that have been committed by many which will Read More …
Responsibility and Restrictions of REA in Non-Estate Agency Q3
Q. a) Explain the responsibility and restriction on an estate agent who works in a non-estate agent organization. (10 marks) b) Explain the rules on: i) Business Card ii) Letterhead Read More …
Estate Agent Rules and Guidelines 1986 Q4
Q. With the reference to the Estate Agent Rules and Guidelines 1986, explain the following: a) Estate Agency Practice b) Estate Agent Fee c) Earnest Deposit d) Tenancy e) Brochure Read More …
Disciplinary Action under VAEA Act 1981 Q5
Q. a) An estate agent who commits an offence under the Valuers, Appraisers and Estate Agents Act 1981 may be subjected to disciplinary action. List five (5) offences that may Read More …
Abortive Sale Remedies Q6
Q. a) Explain the purpose of paying earnest deposit in the sale of a property transaction. (5 marks) b) In the event of an abortive sale occurring after the signing Read More …
Client’s Account Q7
Q. With the reference to the Estate Agent Rules and Guidelines 1986, explain the regulatory requirements for a client’s account as provided in Part VIII. (25 marks, 2013 Q7) A. Read More …