Q. How does title to property affect its dealings? A. When a property is without title (under construction) or the title has not been issued from the land office, the Read More …
Latest Posts
No Gain No Loss deemed Market Value TPC – Law Q2
Q. What do you mean by “No gain No Loss”? And, “Disposal deemed at market value?” A. If you study taxation, you would have heard “No gain No loss”. For Read More …
Importance of Title TPC – Law Q1
Q. Why having title is better than no title? Why title is so important? A. A title is not that important most of the time. Most of us are staying Read More …
Expatriate Clause – TPC Practice Q1
Q. What is “Expatriate” or “Diplomatic” Clause in a tenancy agreement? This was asked in 2017 Q1 in D11 Real Estate Agency Practice. A. The name can give us some Read More …
Meeting Expectation – TPC General Q1
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 …
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
Depreciation & Doubtful Debts Q2
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 …