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Thomas Sim PEA2066 wrote a new post, Registration requirements REA vs PEA 8 years, 3 months ago
Q.
What are the requirement differences between PEA and REA? Is there some extra knowledge or character requirement before a PEA can be registered as REA?A.
Let us look at Section 22A (registration of REA) vs […] -
Thomas Sim PEA2066 wrote a new post, Registration of Estate Agents 8 years, 3 months ago
Q.
Under what conditions can a person be registered as a Registered Estate Agent (REA) in Malaysia?A.
The VAEA Act, 1981 spells out the registration of estate agent in its Section 22A.22A. Registration of […]
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Thomas Sim PEA2066 wrote a new post, Renewal of Authority to Practise as an individual REA 8 years, 3 months ago
Q.
List down the procedures for application to renew Annual Authority to Practise as an individual REA.A.
See here for Renewal of Authority to Practise as a firm.The form to complete is Form P. Within Form P […]
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Thomas Sim PEA2066 wrote a new post, Renewal of Authority to Practice as a Firm 8 years, 3 months ago
Q.
List out the procedure to renew annual ‘Authority to Practice’ for a registered firm by REA.A.
Renewal of Annual Authority to Practise as an individual go here.Rule 25I govern the requirement to submit for […]
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Thomas Sim PEA2066 wrote a new post, Indemnity Insurance for REA 8 years, 3 months ago
Q.
What is the indemnity insurance for REA?A.
From website of LPPEH – propertyagent.gov.my,Professional Indemnity Insurance
Every registered firm is also required to purchase a Professional Indemnity […]
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Thomas Sim PEA2066 wrote a new post, Interest on saving in the client's account 8 years, 3 months ago
Q.Can I ask from my REA the interest of RM80,000 which I have given to him as 10% payment for the purchase of a shoplot costing RM800,000? It has been paid 8 months ago and yet, the transfer of the title has not […]
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Thomas Sim PEA2066 wrote a new post, Inter Client account transfer 8 years, 3 months ago
Q.Angel who is my partner’s client has a house for sale. At the same time, she is also looking for an upgrade to a bigger house. Recently, John contacted me to sell his current house and it happened that Angel […]
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Thomas Sim PEA2066 wrote a new post, Client's account moneys forbidden shall not and not obligated 8 years, 3 months ago
Q.What are the varied level of control over moneys not supposed to be entered into client’s account?A.The rules providing guidance on what is not allowed to be remitted into client’s account are Rule 52 and […]
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Thomas Sim PEA2066 wrote a new post, Exceptions from using client's account 8 years, 3 months ago
Q.What are the EXCEPTIONS as to the rules in transactions of moneys into or out of the client’s account?A.Rule 54 Exception.(1) Notwithstanding the provisions of these Rules a registered firm shall not be under an […]
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Thomas Sim PEA2066 wrote a new post, Withdrawal from client's account 2 8 years, 3 months ago
Q.In what format can money be withdrawn from client’s account?A.Rule 53 (2) of Valuers, Appraisers and Estate Agents Rules 1986 states-2. No money (drawn) from a client’s account under subparagraph (b), (c), (d), […]
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Thomas Sim PEA2066 wrote a new post, Withdrawal from client's account 1 8 years, 3 months ago
Q.In what conditions can monies be withdrawn from a client’s account?A.2014 Q7 is further elaborated below.Rule 53 of Valuers, Appraisers and Estate Agents Rules 1986 has the following guidance:-(1) No money may […]
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Thomas Sim PEA2066 wrote a new post, Probationary period of REN 8 years, 3 months ago
Q.A realty firm engaged a REN with a probationary period of 6 months. However, this REN caused the trouble of running away with his client’s earnest deposit. The client complained to the Board. The firm defended […]
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Thomas Sim PEA2066 wrote a new post, When another REA is at fault 8 years, 4 months ago
Q.What is your response when you heard your client complaining about the wrongdoing of another REA in your area? Should or should not you look into your client’s grievances, and help him in your role as his newly […]
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Thomas Sim PEA2066 wrote a new post, Common Path of Egress Travel 8 years, 4 months ago
Q.What do you mean by “Common Path of Egress Travel”?A.The common path of egress travel, or CPET, is defined in the IBC as:”That portion of exit access which the occupants are required to traverse before two […]
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Thomas Sim PEA2066 wrote a new post, Lead still used in water piping? 8 years, 4 months ago
Q.In our modern day of PVC, is lead piping still used?A.Below is an extract from Safe Plumbing Org.Why is Lead Used in Water Pipes and Plumbing?The answer goes back literally thousands of years to the first […]
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Thomas Sim PEA2066 wrote a new post, Concrete frame structure advantages v disadvantages 8 years, 4 months ago
Q.What are the advantages and disadvantages of concrete frame structure?A.Advantages:1- Low Cost (Than Steel Structures)2- Good Safety (Compared to its Price)3- High Compressive Strength (Best choice for lower […]
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Thomas Sim PEA2066 wrote a new post, Varied Soil and suitable foundation type 8 years, 4 months ago
Q.
What are the suitable foundation types of variety of soil?A.
Verbatim from:
Types of Foundation
DiyEx | April 9, 2015Using or being able to identify the correct types of foundation needed for a particular […]
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Thomas Sim PEA2066 wrote a new post, Remembering Standards and Rules 2 8 years, 4 months ago
Q.How do you remember the Rules on Advertisement and publicity?A.111 Matters forbidden(1)(a) inaccurate(b) solicitation(c) comparison(d) expert(e) self-laudatory(2) disrepute undermine public confidence112 Promote […]
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Thomas Sim PEA2066 wrote a new post, Advertisement appropriateness 8 years, 4 months ago
Q.Comment on the Advertisement below.[Logo of LPPEH]BUNGALOW for Sale!Guaranteed Capital Appreciation!Below market Value!Location – at the suburb Bangsar, amazing view to the city.Asking price: RM3.8 mio […]
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Thomas Sim PEA2066 wrote a new post, Advertisements can or cannot 8 years, 4 months ago
Q.Johan is a newly licensed registered estate agent. There are three scenarios he has been approached by the Developer to participate below; the same developer to whom Johan had very much intended to secure his […]
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