Q. Can a registered estate agency firm operate without a client’s account? A. The correct answer is “YES!” The provision of Schedule 8 of Rules, 1986 as extracted below prescribe Read More …
Category: TPC – Rules
Practising REA in Sabah/Sarawak by Non-Residents
Circular 1/2024 came out on 23rd January, 2024 on this matter as to Non-Resident in East Malaysia Regions. See below the Circular: According to this circular, a Non-Resident of the Read More …
New Requirements for becoming REN – from Oct, 2024
BOVAEP has issued a notification (22/2024) for NEW REQUIREMENTS on becoming a REN in Malaysia on 25 Sep, 2024. See below:
Flyer – Requirement of Statement “Person responding to…”
In the 2020 Edition of MEAS, Standard 6, it was omitted the below statement: “Person responding to this flyer are not required to pay any estate agency fee whatsoever for Read More …
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 …
Client’s Account Why? TPC Rules Q2
Q. Why do you need client’s account in agency practice? A. The reason for that is because the money is held temporarily before its transmission to the payable account of Read More …
Client’s Account TPC – Rules Q1
Q. Client’s account. What is it? A. Many time, people take for granted the client’s money. It’s very crucial for an estate agent to hold your money in his “client’s Read More …