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Estate Agent's Examination Part 1&2

BOVAEP Diploma in Estate Agency (ECON)

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Estate Agent's Examination Part 1&2 > Archive for TPC – Practice (Page 2)

Category: TPC – Practice

Residential Loan % TPC – Practice Q11

20/06/2018 Thomas Sim E3009

Q. How do you best benefit from housing loans? A. 1st and 2nd loans  – up to 90% of the value of the property (residential). 3rd and beyond – up Read More …

TPC - Practice

Cost of transaction TPC – Practice Q10

20/06/201820/06/2018 Thomas Sim E3009

Q. How much is the ancillary cost of buying a property (subsale)? A. We have paid for the house say RM500k. What are the other costs that you need to Read More …

TPC - Practice

Counter Offer TPC – Practice Q9

20/06/2018 Thomas Sim E3009

Q. What happen to offer when you negotiate? The original offer still stays? A. Take for example, when you saw an advertisement to let – RM1,200 per month rental. You Read More …

TPC - Practice

Refusal to Sell/Let TPC – Practice Q8

20/06/201820/06/2018 Thomas Sim E3009

Q. Can you refuse to sell? Or Rent? A. We usually prefer to agree. This is a common Asian culture. We seldom reject. So in selling, when people give in Read More …

TPC - Practice

GST and SST in Property TPC – Practice Q7

18/06/201818/06/2018 Thomas Sim E3009

Q. How does GST (now repealed and will be replaced with SST) affect property transactions? A. Little known fact about GST in Estate Agency Practice. Some people try to save Read More …

TPC - Practice

Agent preparing Tenancy Agreement TPC – Practice Q6

17/06/201803/08/2018 Thomas Sim E3009

Q. In a residential tenancy agreement, can I ask my agent to prepare the agreement instead of going to the lawyer? A. IF (and only IF) an agent were to Read More …

TPC - Practice

Preparing Tenancy Agreement TPC – Practice Q5

17/06/201827/04/2020 Thomas Sim E3009

Q. Can an agent prepare tenancy agreement for his clients? A. The answer is a Strict NO! However, it is a common practice. Why? It is generally accepted that contract Read More …

TPC - Practice

Tenancy Agreement Part 3 TPC – Practice Q4

17/06/2018 Thomas Sim E3009

Q. What if Tenancy Agreement is never stamped or lost? Tenancy Agreement – Part 3. A. So… tenancy agreement lost and never stamped. In such case, the contract of renting is Read More …

TPC - Practice

Tenancy Agreement Part 2 TPC – Practice Q3

16/06/201816/06/2018 Thomas Sim E3009

Q. Is Stamping a mandatory process in a Tenancy Agreement? Tenancy Agreement – Part 2. A. So, stamping is not required? Yes, and No. When dispute happens… let us assume that Read More …

TPC - Practice

Lost tenancy agreement Part 1 TPC – Practice Q2

16/06/201816/06/2018 Thomas Sim E3009

Q. Lost your tenancy agreement? Tenancy Agreement – Part 1. A. A friend learned that I am studying Estate Agent Examination, so she asked me about tenancy agreement which is lost. Read More …

TPC - Practice

Which to invest? TPC – Practice Q1

16/06/201817/06/2018 Thomas Sim E3009

Q. Better invest in property, unit trust, stock market or saving account? A. They are vehicles of investment. It depends on your risk appetite as well as the quantum of Read More …

TPC - Practice

Expatriate Clause – TPC Practice Q1

16/06/201816/06/2018 Thomas Sim E3009

Q. What is “Expatriate” or “Diplomatic” Clause in a tenancy agreement? This was asked in 2017 Q1 in D11 Real Estate Agency Practice. A. The name can give us some Read More …

TPC - Practice

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