Thomas Sim PEA2066

Q.(a) Prepare sales, purchases, return inwards and return outwards day books.(b) Post the items to the relevant accounts in the sales and purchases ledgers.(c) The total of day books are then to be transferred to […]

Q.
(a) Explain the differences between ‘Contribution in Aid of Rates’ and Rating. (10 marks)

(b) Additional Premium will be imposed if the State Authority approves application to any changes to the existing […]

Q.With reference to Local Government Act 1976 (As amended), explain:(a) the steps taken by a local authority to prepare and implement a new Valuation List. (20 marks)(b) determination of Annual Value for vacant […]

Q.(a) Under the Real Property Gains Tax Act 1976, explain the following:i) Incidental Cost (5 marks)ii) Disposal Price (5 marks)(b) Alex bought a double storey factory building from a developer on 20th August 2012 […]

Q.
With reference to Town and Country Planning Act 1976 (As amended), calculate the total Development Charge of the following:

(a) Nazri proposed to develop a housing scheme of 200 residential units on his 3 acre […]

Q.
With reference to the Income Tax Act 1967 (as amended),

(a) State any FIVE (5) classes of income that are exempted from Income Tax. (10 marks)

(b) With examples, explain what are the deductible expenses from […]

Q.
With reference to the Stamp Act 1949 (As amended),

(a) Explain the procedure for objection by the purchaser who is dissatisfied with the duty imposed by the Collector of Stamp Duty. (15 marks)

(b) Explain […]

Q.
AB Real Estate Sdn Bhd has two registered real estate agents who employ 42 Real Estate Negotiators (REN) and remunerate them with 70% commission without salary.

In the course of business the following acts […]

Q.Residual Method is a suitable method to determine the value of property which has potential to be developed.(a) Explain the steps in using the Residual Method. (8 marks)(b) Explain the costs involved in […]

Q.During the enquiry under the Land Acquisition Act 1960, the owner of the affected land has claimed compensation for ‘injurious affection and severance’ to his remaining land or his other adjoining land.(a) […]

Q.
An ad hoc appointment is more favourable among Estate Agents as compared to sole agency. Discuss.

(20 marks, 2016 Q8)

A.
Similar question was asked in:

2011 Q6
2012 Q7
2015 Q7
D11 2011Q3
D11 2014 Q7
D11 2016 […]

Q.
(a) Explain the factors that need to be considered in selecting floor finishes. (10 marks)

(b) Suggest and give reasons for selecting the types of floor finishes suitable for the following areas:

(i) Living […]

Q.
(a) With reference to Local Government Act 1976 (As amended), explain FIVE (5) reasons for the amendment of Valuation List. (10 marks)

(b) Imran has bought a double Storey terrace house in Taman Ungku Tun […]

Q. (Also posted in justLetak!)
(a) Define the Customer Relationship Marketing (CRM) concept. (5 marks)

(b) Elaborate the barriers for implementing customer relationship marketing (CRM). (20 marks)

(25 marks, […]

Q.
(a) State any TWO (2) types of government budget. (5 marks)

(b) State TWO (2) functions of Central Bank. (5 marks)

(c) Define direct tax and give TWO (2) examples in relation to property. (5 marks)

(d) […]

Q.
(a) Explain five (5) essentials of a contract. (10 marks)

(b) On January 2016 Sam wrote to Ali offering to sell his house for RM500,000. On June 2016 Ali replied saying, “I accept your offer, but I consider […]

Q.
What is the meaning of ‘Nemo dat quod non habet’? Why is it related to tort law?

A.
Nemo dat quod non habet, literally meaning “no one gives what he doesn’t have” is a legal rule, sometimes called the nemo dat […]

Q.
What is ‘restitutio ad integrum’? How does it apply to tort law?

A.
Restitutio ad Integrum is explained as:

Restitutio ad integrum is a Latin term which means restoration to original condition. It is one of […]

Q.Explain ‘Volenti Non Fit Injuria’. How is this principle affecting tortuous claims?A.Volenti non fit iniuria (or injuria) (Latin: “to a willing person, injury is not done”) is a common law doctrine which states […]

Q.What is ‘Res Ipsa Loquitur’? How does it be used in defence?A.Res Ipsa Loquitur carries the meaning of ‘the thing speaks for itself’. An example is in medical malpractice – a cotton swap being left inside the […]