Thomas Sim E3009

List of FAQ for Tort from US Legal

What is a Tort?

Conduct that harms other people or their property is generally called a tort. It is a private wrong against a person for which the person may recover […]

Q.
Would it be more expensive if property is traded in open market? Is the cost higher?

Q.
Registered Estate Agent losing out to IT evolution in property transaction? Why do you go through agent? You can sell via Internet to your buyer direct!? Argue this observation.

Q.
The seller changed his mind again! He earlier on told John who is his property agent to dispose of the bungalow immediately. While in vacation he happened to meet a long lost friend who is very interested in […]

Q.
Ah Kaw has instructed his agent to sell his bungalow. The agent took earnest deposit from a buyer, and came back informing Ah Kaw the good news. However, Ah Kaw said he is no more selling the bungalow. Ah Kaw […]

Q.
If you loan your money to a friend, and you friend cannot repay you because he is broke. However, he has a house he can dispose of, and he is willing to pay you back if you could sell his house.

And, one […]

Q.How to terminate an agency between and agent and his principal?A.S.154 of Contract Act 1950 provides that”An agency is terminatedby the principal revoking his authority; or by the agent renouncing the business […]

Q.
In a scenario that a Registered Estate Agent (REA) is out of the country, and a deal was hot on the plate, can he assign another person to be his agent, for example his Real Estate Negotiator (REN) to […]

Q.
In entrusting duties to an agent, how much responsibility is expected of him. For example, if the agent appoints a expert person to evaluate the property but finally the deal went sour because the property is […]

Q.
What are the ratification available in Contract Act 1950 when a contract was established not in the context initially desired by the principal?

A.
This is an act being carried out without the principal’s […]

Q.List out five vitiating factors of a contract.A.There are five vitiating factors that can undermine a contract: Misrepresentation, Mistake, Duress, Undue Influence, and Illegality.1. MISR […]

Q.
Illustrate Ricardo’s theory of rent and the assumptions.

A.
Ricardo in his theory states the Law as follows:

“That portion of the produce of earth which is paid to the Land Lord for the use of the o […]

Q.
What are the benefits of investing in commercial properties versus residential properties?

A.
Read risk and return of commercial properties versus residential properties here.

The following […]

Q.
Discuss the various measures by government to curb speculation in property market.

A.
Refer write up on Views on Property Cooling Measures.

Over the last 5 years, the government has implemented […]

Q.Describe the roles of Negotiator in assisting the client.A.Ref:http://www.nilaiharta.com.my/page/97/real-estate-agent–negotiators-role

Q.Briefly describe the roles of an estate agent in a property dealing.A.Ref:http://www.nilaiharta.com.my/page/97/real-estate-agent–negotiators-role

Q.
Why creation of easement is important?

A.
Under the National Land Code 1965, in Section 286, an easement can only be created by express grant. It must be registered and executed using specific instruments […]

Q.Briefly explain the GTP (Government Transformation Programme).A.On 28 Jan 2010, the detailed roadmap of Malaysia Government Transformation Programme (GTP) was unveiled.This GTP roadmap is crucial to catch up the […]

Q.How can preservation of wood affects its use?A.PROPERTIES OF TREATED WOOD AFFECTING USESStrength: Waterborne preservative treatments generally reduce the mechanical properties of wood. The treatment does not […]

Q.
Explain the preservation of Timber. How would preservation of timber affect its use?

A.
Please refer to Republic of Turkey Ministry of Culture and Tourism website here for a very detail write up on […]