Q. (a) Describe the various types of agency appointments. (b) Explain the advantages of Exclusive Agency appointment to the principal. (25 marks, 2015 Q7) A. Similar question was asked in: Read More …
Category: 2015 D08 EAL
Disciplinary Action in Section 24 and De-registration of REA Q6
Q. (a) Establish the various offences committed by Estate Agents that can render disciplinary action by the Board as stipulated in Section 24 of the Valuers, Appraisers and Estate Agents Read More …
REN and their terms of employment & responsibilities by REA Q5
Q.(a) Explain who are Real Estate Negotiators. (b) Determine their terms of employment by the Estate Agent. (c) Establish the responsibilities of the Estate Agent towards their Real Estate Negotiators. Read More …
Training areas for PEA and CPD for REA Q4
Q. (a) Determine the areas of approved professional experience to enable probationary estate agents to sit for the Test of Professional Competence. (b) Describe the five (5) forms of approved Read More …
Agent – Principal contract in Estate Agency Q3
Q. With reference to Estate Agency Law, explain the followings:- (a) Method of appointing an agent. (b) Authority of agent. (c) Obligation of principal to agent. (d) Termination of agency Read More …
Proper Office Set Up in Estate Agency Q2
Q. ‘An estate agency firm should operate from a proper office’. Describe the requirements for a proper office in terms of physical set up, management and operation as attached in Read More …
Procedure in setting up Estate Agency Firm Q1
Q. Explain the procedure in setting up an Estate Agency Firm and determine the relevant documentations for it. (25 marks, 2015 Q1) A. This is a standard ‘must ask’ question. Read More …