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Thomas Sim PEA2066 wrote a new post, What if unpaid maintenance fee still unpaid after notice is being served? 8 years, 6 months ago
Q.
What if unpaid maintenance fee still unpaid after notice is served?A.
Section 79, Strata Management Act, 2013 specifies the various procedures to recover the debts by attachment of movable property. This is […] -
Thomas Sim PEA2066 wrote a new post, How Management Corporation can recover unpaid maintenance fees? 8 years, 6 months ago
Q.
(b) Unpaid service charge is a bane (problem) to the Management Corporation. Explain the process by which the Management Corporation can recover such arrears.A.
S.77 & 78 of Strata Management Act, 2013 […] -
Thomas Sim PEA2066 wrote a new post, What can be claimed at Housing Tribunal? 8 years, 6 months ago
Q.What are the types of claims handled by the Tribunal?A.For a claim to be heard by the Tribunal it must fulfill certain conditions. The Tribunal will consider a claim:a) based on a complaint arising from the Sale […]
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Thomas Sim PEA2066 wrote a new post, The Role of Housing Tribunal 8 years, 6 months ago
Q.How could the Housing Tribunal play its role in protecting the interest of the homebuyers?A.Chang Kim Loong, The Star Saturday, 15 February 2014. Is the Housing Tribunal effective? Link here.Consumer […]
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Thomas Sim PEA2066 wrote a new post, Standard Tenancy Agreement 8 years, 6 months ago
Q.
Can you provide a standard tenancy agreement?A.
Go here to get a sample of tenancy agreement. *IMPORTANT* Tenancy Agreement is a legal document and to be enforceable by law, it can only be made within the […] -
Thomas Sim PEA2066 wrote a new post, Mutual Covenant in a Tenancy Agreement 8 years, 6 months ago
Q.What do you include in the mutual covenant of the tenancy agreement?A.Mutual Covenants(a) If the Rental or any part of thereof shall be unpaid after becoming payable in accordance with Clause 1 and 3 (a):Clause […]
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Thomas Sim PEA2066 wrote a new post, What is the meaning of "demised" in estate? 8 years, 6 months ago
Q.What is the meaning of “demised” in estate? Why is it used as in “Demised Property” during a Tenancy Agreement?A.Demise – in law and used in real estate terms carries the meaning as:Noun:in Law.a death or […]
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Thomas Sim PEA2066 wrote a new post, Commission to be paid on unsettled deal? 8 years, 6 months ago
Q.A prospective buyer has already placed earnest deposit of 3% to purchase a property worth RM500k from your Client (Vendor), however he backed off without signing the SPA. Could you as Registered Estate Agent […]
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Thomas Sim PEA2066 wrote a new post, Professional work by REA during employment 8 years, 6 months ago
Q.
Can a REA privately help his friends in transaction of property whena) he is employed as a resident manager of an Agency Firm?
b) he is employed by an organisation NOT related to estate agency […]
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Thomas Sim PEA2066 wrote a new post, FAQ by MIEA – Shareholders, Branch Office and REA Resignation 8 years, 6 months ago
Q.What if I want to set up an agency with a non-REA, can a REA do that? What about a branch office? Do I need a resident REA? How about if he suddenly resign?A.Ref:MIEA website Frequently Asked […]
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Thomas Sim PEA2066 wrote a new post, Illegal Brokers – which Act says they are illegal? 8 years, 6 months ago
Q.
Which Act says they are Illegal Agents or Brokers? Provide and support with the law which can be enforced against illegal agents or brokers.A.
Part VIII of the Valuers, Appraisers and Estate Agents Act, 1981 […] -
Thomas Sim PEA2066 wrote a new post, Practical Experience in order to qualify for TPC 8 years, 6 months ago
Q.
Write about the requirement of practical experience to be qualified for Test of Professional Competence in Estate Agency.A.
The Rule 45 Practical Experience provides the requirement of 2 years of full-time […] -
Thomas Sim PEA2066 wrote a new post, Exemption equivalent to Estate Agent's Examination by the Board 8 years, 6 months ago
Q.List down the exemption route equivalent to Estate Agent’s Examination.A. (Also posted in justletak.blogspot.com)Exemption RouteRule 43 Exemptions(1) The Board may accept the examinations of institutions of […]
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Thomas Sim PEA2066 wrote a new post, Examination details to become Registered Estate Agent 8 years, 6 months ago
Q.
List down the examination requirements to qualify as Registered Estate Agent.A. (Also posted in justLetak!)
Examination
Rule 29 Conduct of examination
(1) The Board shall conduct examinations for […]
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Thomas Sim PEA2066 wrote a new post, Fee splitting in Co-agency 8 years, 6 months ago
Q.
John discovers his co-agent Huang is hiding something from him. The purchaser in fact had already seen John on the viewing of bungalow. Now, Co-agent Huang said he deserves the commission. Advice John.A.
John […] -
Thomas Sim PEA2066 wrote a new post, Obligations in Schedule H by Developer 8 years, 6 months ago
Q.
What are the obligations of developer to purchaser of a strata unit of a condominium project?
A.
See here on Duties of Developer in SPA.Developer requires to adhere to the regulation by Housing […]
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Thomas Sim PEA2066 wrote a new post, Who is an appraiser? 8 years, 6 months ago
Q.Who is an appraiser? What is appraiser different from valuer?A.Appraisers are special group of people who practised valuation before the coming of the Valuers, Appraisers and Estate Agents Act, 1981. They were […]
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Thomas Sim PEA2066 wrote a new post, Who decides on property value? 8 years, 7 months ago
Q.Who is the party to decide the value of the property I bought so that I can pay the stamp duty?A.The valuation of the property is by JPPH – Jabatan Penilaian dan Perkhidmatan Harta, but the authority to collect […]
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Thomas Sim PEA2066 wrote a new post, Duties of Developer in SPA 8 years, 7 months ago
Q.
List down the duties of Developer in Sale and Purchase Agreement (SPA).A.
Obligations in Schedule H by Developer.Background
Housing developers in Peninsular Malaysia are mainly governed by the Housing […] -
Thomas Sim PEA2066 wrote a new post, Stages of Housing Project Development in Malaysia 8 years, 7 months ago
Q.Explain the stages of a Developer in a housing development project.A.GENERAL OPERATION OF THE INDUSTRY A property developer is a person or company that engages in or carries on or undertakes or causes to be […]
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