Will be called "Professional Practice".
Somehow, I get confused between "Estate Agency Law" and "Real Estate Agency Practice". The easy way to differentiate is the word "Real". "Real Estate Agency Practice" is about application of various knowledge in real world. Hence, I reckon that the name change should be reflective of such "practical use of knowledge" - "Real Estate Agency Practice" should be changed to "Professional Practice" while "Estate Agency Law" retained as the same. However, it is not the case. The reverse is true. "Estate Agency Law" is changed to "Professional Practice" while "Real Estate Agency Practice" remains as the same.
*Added 24 Apr, 2025
To distinguish EAL from EAP, the below example would be easy to understand.
EAL - as the name is about "LAW", it is a study of agency laws and regulation where there are duties and responsibilities between Agent and Vendor, Agent and 3rd Party, so as to ensure the job of agent is done within the scope and intended manner. It is like when a driver of lorry is taking a loaded vehicle on the road - how is he to carry out his job safely. The traffic laws and regulation of vehicle specifics, load to carry, etc. is to ensure whoever driving the vehicle (the Lorry) does it in the correct manner.
EAP - as it is about "Practice", relates to the business of running an agency to its best performance - NOT about LAWS or REGULATIONS. It is about good common sense and good business sense - for the general good of the stakeholders and the industry as a whole. The aim of "Practice" paper is to understand the business of estate agency (its purposes and risks) and how to best serve the various stakeholders. Thus, it is kind of a Social Economics & Marketing Paper.
When you understand the above, then you can see the name change - EAL -> Professional Practice is emphasizing the Professionalism of following Estate Agency Laws and Regulations - a professional vocation rather than a business. EAP is a business practice, thus it does NOT correlate to "professional practice".
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As verbatim from "Rules and Guidelines to Part I & II Estate Agent Examination (2nd Edition - 1 Jan, 2005)".
Sales and Purchase of land in Malaysia: The contract, conditions and particulars of sale, post contract to registration, key contract clauses, abortive sale deposits. Advance payments, deposits, earnest money, booking interest, leasing and types of leases. Rent and rent reviews, turnover rent, escape clauses, eviction proceedings.
Regulatory bodies affecting real estate transactions, Valuers, Appraisers and Estate Agents Act and its Rules and Regulations relating to estate agency practice.
Conduct of sales by private or public auction: reserve price and rights to bid, withdrawal of lost, building agreements, memorandum of sale.