Q. Why are there so many brokers? Yet, the estate agency service never really meet the expectation? A. From the level of estate agency practice, it is matching the right Read More …
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 [email protected].
Real Estate and GST
Q. How is GST imposed on properties, especially Commercial Property in Malaysia? A. There are two parts to this. One is the GST on the service. Another is the GST Read More …
Real Estate Agency Service and GST
Q. Why do I have to pay for GST to the Agency which I appointed to sell/rent my house? A. Little known fact about GST in Estate Agency Practice. Some people Read More …
New VAEP Act for Property Managers
Q. What is new about the VAEP Act 1981 on Property Management? A. Some areas of changes have been made to estate agency practice. Please see my earlier post here Read More …
9th Meeting – Olde Station City Mall KK
9th Meeting My-RealProperty
Depreciation & Doubtful Debts Q2
(20 marks, 2010 Q2) A. (b) Various causes of depreciation. Please refer to 2012 Q8 here. Ref: Angie Ng – answering to Joanna Wee. 2012 Q8 on causes of depreciation.
Secret Money
Q. (a) Citing relevant statutory provisions, explain the creation of agency by: (i) Ratification; (4 marks) (ii) Necessity. (4 marks) (b) In relation to agency, explain the difference between actual authority and Read More …
Rights of 3rd person when Agent acted outside his actual authority
Q. (a) With reference to statutory provisions, describe three (3) ways by which an agency may be created, other than by “express appointment”. (6 marks) (b) In relation to an agency Read More …
Valid Contract
Q. (a) What is meant by ‘Judicial Precedent’? (5 marks) (b) Describe the basic elements of a valid contract. (7 marks) (c) State the main difference between a ‘void contract’ and a Read More …
Civil Law Act
Q.(a) State the enabling Act that allows the application of English common law in Malaysia and the conditions imposed for its application. (5 marks) (b) Under the law of contract: (i) Read More …
8th Meeting – Olde Station City Mall KK
8th Meeting My-RealProperty
7th Meeting – Mendo Inn Coffee Shop Kuching
7th Meeting My-RealProperty
6th Meeting – Nu Sentral KL
6th Meeting My-RealProperty
5th Meeting – Citymall KK
5th Meeting My-RealProperty
4th Meeting – Hilltop KK
4th Meeting My-RealProperty
3rd Meeting – Boulevard Kuching
3rd Meeting My-RealProperty
2nd Meeting – Tmn Khidmat KK
2nd Meeting My-RealProperty
1st Meeting – Atrial Mall Damansara Jaya
1st Meeting My-RealProperty
Remedies when Agent makes secret profit
Q. (a) What are the duties of an agent in an agency relationship? (5 marks) (b) State the remedies of the principal if the agent makes a secret profit. (5 marks) (c) Read More …
Doctrine of Frustration & Advantages of Judicial Precedent
Q. (a) Explain with reference to the Contracts Act 1950, relevant cases and examples, if any: i) The doctrine of frustration (3 marks) ii) The requirement of the law that parties to Read More …