Q. There are some interesting things in the amended NEW Valuers, Appraisers, Estate Agents and Property Managers Act, 1981 (amended 2017). What are they? Can you name 6 new changes Read More …
Latest Posts
Agent preparing Tenancy Agreement TPC – Practice Q6
Q. In a residential tenancy agreement, can I ask my agent to prepare the agreement instead of going to the lawyer? A. IF (and only IF) an agent were to Read More …
Preparing Tenancy Agreement TPC – Practice Q5
Q. Can an agent prepare tenancy agreement for his clients? A. The answer is a Strict NO! However, it is a common practice. Why? It is generally accepted that contract Read More …
Tenancy Agreement Part 3 TPC – Practice Q4
Q. What if Tenancy Agreement is never stamped or lost? Tenancy Agreement – Part 3. A. So… tenancy agreement lost and never stamped. In such case, the contract of renting is Read More …
Tenancy Agreement Part 2 TPC – Practice Q3
Q. Is Stamping a mandatory process in a Tenancy Agreement? Tenancy Agreement – Part 2. A. So, stamping is not required? Yes, and No. When dispute happens… let us assume that Read More …
Lost tenancy agreement Part 1 TPC – Practice Q2
Q. Lost your tenancy agreement? Tenancy Agreement – Part 1. A. A friend learned that I am studying Estate Agent Examination, so she asked me about tenancy agreement which is lost. Read More …
Which to invest? TPC – Practice Q1
Q. Better invest in property, unit trust, stock market or saving account? A. They are vehicles of investment. It depends on your risk appetite as well as the quantum of Read More …
Into Future TPC – General Q2
Q. Buying for future generation? What for? A. My UKM friend (Mike) has emphasized that he would not finance his children to expensive private university which is just not his Read More …
Title Types and Conditions TPC – Law Q4
Q. Why landed is better than strata? Perpetuity vs Lease, which is better? A. Simple answer is Scarcity vs in Abundance. Live forever or limited lifespan? Nothing comes without price Read More …
Title and dealings TPC – Law Q3
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 …
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
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 …