The purpose of this presentation series is to give a simple and clear journey for this exam.
Estate Agent’s Exam – How to focus?
Author: Thomas Sim E3009
I am the founder and webmaster of estateagentexam.com. This is an E-Learning website for Diploma in Estate Agency Examination conducted by Board of Valuers, Appraisers, Estate Agents and Property Managers, Malaysia (BoVAEP). I am contactable at 012 - 8866 090 and email address simyansun@gmail.com.
Jointly market or sell foreign properties in Malaysia TPC – Rules Q3
CIRCULAR 8/2002 Date : 28 November 2002 TO : ALL REGISTERED VALUERS, APPRAISERS, ESTATE AGENTS, PROBATIONARY VALUERS AND PROBATIONARY ESTATE AGENTS Dear Sir/Madam Marketing Of Foreign Properties The Board wishes Read More …
Buying a tenanted house TPC – Practice Q25
Q. How is it different between buying a tenanted house compared to an empty house? A. When a property is bought with tenant, it can be:’ Vacant possession – that Read More …
Can you not pay RENT? TPC – Law Q14
Can you not pay RENT? Your toilet is having problem. It cannot function properly. You have asked help from the Landlord, however you were never entertained. The result was that Read More …
Allowable loss in RPGT TPC – General Q6
What is allowable loss in RPGT? When a property is sold, real property gains tax is a taxation on the gains for the transaction. On the other hand, if a Read More …
What is co-agency? TPC – Practice Q24
What is co-agency? How to avoid being cut-off? Co-agency as in Standard 7 of MEAS 2014 has the below definition. 7.1.1 Co-agency is co-operative agreement between a listing agency firm Read More …
Sequence of event to tenancy agreement TPC – Practice Q23
The sequence of events to a rental agreement. The landlord advertise to the public for potential tenants. This is invitation to treat. Prospect tenants are selected. The agent receives inquiries Read More …
Signed but did not pay deposit TPC – Law Q13
The Landlord and tenant signed the tenancy contract, however tenant has not paid the security deposit. Is the contract valid? In most cases, the landlord is a busy person. When Read More …
Money vs signature TPC – Law Q12
Money or signature, which is more important in a contract? In a normal sequence of events, a booking fee is paid upon an offer to the landlord or vendor. When Read More …
Contingent contract TPC – Law Q11
What is a contingent contract? Is that “time is an essence” a contingent contract? In case where the tenant says he will only RENT the premises after the landlord has Read More …
Redemption sum larger than transacted amount TPC – Practice Q22
What if the redemption sum is larger than the 30% of the transaction amount? Take for example, you bought a property from John at RM500,000. Your loan is 70%, ie Read More …
Post SPA Stage – Part 2 of 2 TPC – Practice Q21
Why is the first 10% payable to seller upon signing of SPA, and the 20% (if loan at 70%) not payable but held in client’s account of the lawyer later Read More …
Post SPA Stage – Part 1 of 2 TPC – Practice Q20
What is the difference between before and after signing SPA? What is 10% upon signing SPA? The 10% upon signing of SPA is a condition for the contract. In other Read More …
Time is an essence Part 3 of 3 TPC – Law Q10
Time is an essence – Part 3. When time is not essential, can you claim damage? Take an example, you have a basket of fruits in a pasar malam on Read More …
Time is an essence Part 2 of 3 TPC – Law Q9
Time is an essence – Part 2. When time is not essential. What happen next? When tenant said I will start renting your place from July, time is a factor Read More …
Time is an essence Part 1 of 3 TPC – Law Q8
Time is an essence – Part 1. What does it mean? S.56 CA 1950 says in a contract, time is an essence… to perform at fixed time, in contract in Read More …
When should you allow your IC being taken? TPC – Practice Q19
Should you give your IC and land title if prospect does not put deposit (booking fee)? In a normal process of selling your property through an agent, the agent will Read More …
Booked but cannot get loan, how? TPC – Practice Q18
What if I did not get the loan but I have already booked the property? (Paid earnest deposit) This is the single most important reason that an agent should be Read More …
After booking your property, what is next? TPC – Practice Q17
After you have put your booking fee, what happens next (Vendor-Purchaser – subsale)? You saw a house and decided to buy. You gave the booking fee (usually RM5,000) to the Read More …
Direct to SPA TPC – Practice Q16
Q. If the buyer straight away go to sign SPA without booking fee, what happen? A. Nothing much happened. Only that there is no signing of letter of offer. This Read More …