Q. a) Define what is flyer and explain the contents of flyer. (10 marks) b) Where a foreign estate agent engages the services of a local agent to jointly market Read More …
Category: 2018 D08 EAL
Path to become REA Q2
Q. Raja who has an SPM qualification works as a negotiator for an estate agency firm. He is interested to become a registered estate agent. With reference to the Valuers, Read More …
Type of Agency Engagement & Client’s Account Q3
Q. a) List and describe three (3) types of agency engagement. (15 marks) b) In accordance with the Standard, an estate agent should open a Client’s Account when he receives Read More …
VAEP Act 1981 and EA Offences & Removal Q4
Q. a) An estate agent who commits an offence under the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 may be subjected to disciplinary action. List five (5) offences Read More …
Earnest Deposit & Abortive SPA & Grace Period Q5
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 …
Professional Experience & CPD Q6
Q. a) Probationary estate agents should undergo professional training. Describe the three (3) areas of approved professional experience to enable them to sit for the Test of Professional Competence. (15 Read More …
Estate Agency Laws & Offences Q7
Q. Gemilang Sdn Bhd have two registered estate agents and employed 65 negotiators. Gemilang Sdn Bhd have remunerated them with 80% commission without salary but at the same time charges Read More …