Thomas Sim PEA2066

Q.
a) Describe the differences between goods market and property market. (10 marks)

b) Describe the features of land that are considered unique and marketable. (10 marks)

(20 marks, 2017 Q4)

A.
a) Differences […]

Q.Discuss the significance of MRT project in improving urban public transport and real estate market.(20 marks, 2017 Q5)A.This question asks about MRT project in improving public transport and real estate market. […]

Q.
a) Explain the forms of government intervention in the property market through Bank Negara’s rules. (10 marks)

b) Explain the advantages and disadvantages of such intervention. (10 marks)

(20 marks, 2017 […]

Q.
Discuss the real estate development process and risks involved in each of the development stage.

(20 marks, 2017 Q7)

A.
Similar question was asked in

Land (real estate) development process
Stages of Housing […]

Q.
In Malaysia, there are diverse concepts of regional development plans implemented to accelerate the economic growth of the country. Discuss the impact of current regional development plans that have been […]

Q.
a) Explain the following:

i) Earnest Money

ii) Diplomatic Clause (also known as expatriate clause) in a tenancy agreement. (8 marks)

b) Currently there is no standard tenancy agreement in Malaysia. However, […]

Q.Explain the coverage provided for under the following:a) Fire insurance. (8 marks)b) House Content Insurance. (6 marks)c) Professional Indemnity Insurance. (6 marks)(20 marks, 2017 Q2)A.a) Fire […]

Q.
With reference to Malaysian Estate Agency Standards, explain the following:

a) Types of advertisements. (7 marks)

b) Person who can set up an estate agency firm. (6 marks)

c) Types of premises permitted as […]

Q.
Discuss the remedies available to a purchaser who is aggravated by the fact that conditions of the property delivered by him are not as stated in the contract. You may use assumptions and examples in the […]

Q.
Upon accepting the letter of offer for sale from the vendor, discuss five (5) fundamental elements to be deliberated by the purchasers before executing the contract of sale and purchase of property.

(20 marks, […]

Q.Discuss four (4) important preventive steps to be taken by estate agents to minimize the risk of purchasers failing to secure property financing.(20 marks, 2017 Q6)A.1. CTOS/CCRIS – electronic system can […]

Q.Mr. Mac Robert from United Kingdom is seeking your advice on the Malaysian property investment market. His initial findings is that there is a mismatch between the rental value against the capital value of […]

Q.
a) Between exclusive agency and ad hoc agency appointment, ascertain which of these two agency appointment is more beneficial to a developer intending to sell housing units in a newly completed project. (15 […]

Q.
A proper office should not only be proper in its legal entity but must also be complete in its physical set up, management and operation practice procedures as per Standard 1. Elaborate.

(25 marks, 2017 […]

Q.a) When advertising property for sale or to let, state the various conditions that the advertisement should comply with as per Standard 6b) State the various rules for a flyer as per Standard 6.2.10.c) State the […]

Q.State the rules on the following cases:a) Agent A from ABC & Co. represents a purchaser to a transaction of Property P and Agent B from ABC & Co. represents a seller for Property P.b) Agent M pays Ah Chong part […]

Q.
a) Explain the main and sub areas of approved professional experience to enable probationary estate agents to sit for the Test of Professional Competence.

b) List the various Continuous Professional […]

Q.
a) Explain the various types of agency appointments.

b) Define the following:

i. Estate Agency Practice
ii. Listing Agent
iii. Co-agency
iv. Multiple Listing

(25 marks, 2017 Q5)

A.
a)
Similar question was […]

Q.
State the estate agent’s duties and responsibilities towards a client’s account.

(25 marks, 2017 Q6)

A.
Questions on client’s account is a sure come out. Look at the past year on Client’s Account below:

2011 […]

Q.
a) List the offences that can be committed by Estate Agents that may render disciplinary action as stipulated under Section 24 of the Act.

b) Describe the various disciplinary judgments that can be meted […]