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Thomas Sim PEA2066 wrote a new post, MEAS on Advertisement, EAP & Offices Q3 8 years, 2 months ago
Q.
With reference to Malaysian Estate Agency Standards, explain the following:a) Types of advertisements. (7 marks)
b) Person who can set up an estate agency firm. (6 marks)
c) Types of premises permitted as […]
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Thomas Sim PEA2066 wrote a new post, Condition during VP is not as stated in SPA Q4 8 years, 2 months ago
Q.
Discuss the remedies available to a purchaser who is aggravated by the fact that conditions of the property delivered by him are not as stated in the contract. You may use assumptions and examples in the […] -
Thomas Sim PEA2066 wrote a new post, 5 fundamental elements before SPA Q5 8 years, 2 months ago
Q.
Upon accepting the letter of offer for sale from the vendor, discuss five (5) fundamental elements to be deliberated by the purchasers before executing the contract of sale and purchase of property.(20 marks, […]
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Thomas Sim PEA2066 wrote a new post, Steps to minimize failure of financing Q6 8 years, 2 months ago
Q.Discuss four (4) important preventive steps to be taken by estate agents to minimize the risk of purchasers failing to secure property financing.(20 marks, 2017 Q6)A.1. CTOS/CCRIS – electronic system can […]
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Thomas Sim PEA2066 wrote a new post, Capital Value v Rental mismatch Q7 8 years, 2 months ago
Q.Mr. Mac Robert from United Kingdom is seeking your advice on the Malaysian property investment market. His initial findings is that there is a mismatch between the rental value against the capital value of […]
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Thomas Sim PEA2066 wrote a new post, Exclusive vs Ad Hoc Agency Q8 8 years, 2 months ago
Q.
a) Between exclusive agency and ad hoc agency appointment, ascertain which of these two agency appointment is more beneficial to a developer intending to sell housing units in a newly completed project. (15 […] -
Thomas Sim PEA2066 wrote a new post, Proper Office Standard Q1 8 years, 2 months ago
Q.
A proper office should not only be proper in its legal entity but must also be complete in its physical set up, management and operation practice procedures as per Standard 1. Elaborate.(25 marks, 2017 […]
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Thomas Sim PEA2066 wrote a new post, Advertisement & Flyer requirements in MEAS Q2 8 years, 2 months ago
Q.a) When advertising property for sale or to let, state the various conditions that the advertisement should comply with as per Standard 6b) State the various rules for a flyer as per Standard 6.2.10.c) State the […]
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Thomas Sim PEA2066 wrote a new post, Various Rules on Offences Q3 8 years, 2 months ago
Q.State the rules on the following cases:a) Agent A from ABC & Co. represents a purchaser to a transaction of Property P and Agent B from ABC & Co. represents a seller for Property P.b) Agent M pays Ah Chong part […]
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Thomas Sim PEA2066 wrote a new post, Experience & CPD for TPC Q4 8 years, 2 months ago
Q.
a) Explain the main and sub areas of approved professional experience to enable probationary estate agents to sit for the Test of Professional Competence.b) List the various Continuous Professional […]
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Thomas Sim PEA2066 wrote a new post, Types of Agency Appointments Q5 8 years, 2 months ago
Q.
a) Explain the various types of agency appointments.b) Define the following:
i. Estate Agency Practice
ii. Listing Agent
iii. Co-agency
iv. Multiple Listing(25 marks, 2017 Q5)
A.
a)
Similar question was […] -
Thomas Sim PEA2066 wrote a new post, Duties and responsibilities Client's Acc Q6 8 years, 2 months ago
Q.
State the estate agent’s duties and responsibilities towards a client’s account.(25 marks, 2017 Q6)
A.
Questions on client’s account is a sure come out. Look at the past year on Client’s Account below:2011 […]
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Thomas Sim PEA2066 wrote a new post, Disciplinary Action under s.24 Q7 8 years, 2 months ago
Q.
a) List the offences that can be committed by Estate Agents that may render disciplinary action as stipulated under Section 24 of the Act.b) Describe the various disciplinary judgments that can be meted […]
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Thomas Sim PEA2066 wrote a new post, What is the basis of Contract Law that says the agreement is void? 8 years, 2 months ago
Q.
What is the basis of Contract Law that says the agreement is void? This question refers to the “Delay in signing SPA”.A.
Amzi was supposed to fly on 20th May, and that was why he wanted everything done on […] -
Thomas Sim PEA2066 wrote a new post, Professional fee in abortive SPA 8 years, 2 months ago
Q.
In the scenario of Azmi and Janice earlier on, what happen to the professional estate agent fee?A.
MEAS 4.2.8. Where earnest or rental deposit is paid and accepted by the client (Azmi), before the signing of […] -
Thomas Sim PEA2066 wrote a new post, Service of employee of another REA 8 years, 2 months ago
Q.Johan is a new REA coming to town. One day, while cracking his head on slow business, he was approached by a REN of another agency to have a heart to heart talk. Over the coffee, the below conversation […]
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Thomas Sim PEA2066 wrote a new post, Unfair advantage in promoting oneself 8 years, 2 months ago
Q.Johan and few other REAs are competing in the same area for business. In order to win more clients, Johan came out with some ideas. Some of his strategies are:-I) Comparison of services as he has a Valuer […]
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Thomas Sim PEA2066 wrote a new post, Rebates, commission sharing or fee splitting 8 years, 2 months ago
Q.Popular REA Johan is usually asked by client who is the SPA lawyer so that they can obtain special service in doing their SPA. Johan always recomment his old classmate Kimberly & Associates.One day, Kimberly […]
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Thomas Sim PEA2066 wrote a new post, Delay in signing SPA 1 8 years, 2 months ago
Go here for this posting – earnest money forfeited or return to Purchaser?
Q.
Azmi is selling his bungalow house. The buyer Janice agreed to purchase it and paid the 2% earnest deposit to you as the REN. You took […] -
Thomas Sim PEA2066 wrote a new post, Delay in signing SPA 2 8 years, 2 months ago
Q.
Azmi is selling his bungalow house. The buyer Janice agreed to purchase it and paid the 2% earnest deposit to you as the REN. You took the money and paid into the firm’s client’s account. The agreed terms is to […] - Load More