The document outlines the procedure for registering as an estate agent in Malaysia. It discusses the requirements, examinations, and registration process. To become a registered estate agent, one must pass Part I and II of the estate agent exam, register as a probationary estate agent, complete 2 years of practical training under a registered agent, and pass the Test of Professional Competence oral exam. The document also discusses rules regarding estate agency practice and firms.
The Valuers, Appraisers and Estate Agents Act 1981 established the Board of Valuers, Appraisers and Estate Agents Malaysia to regulate the real estate industry. The board maintains registers of licensed professionals and oversees registration, examinations, disciplinary actions, and standards. Only registered estate agents can advertise or recover fees for real estate services. Candidates must pass exams, complete training, and meet other qualifications to become registered estate agents or probationary estate agents.
This document discusses the practice of estate agency. It begins by defining an estate agent and their roles such as property valuation, management, and conducting research. It then discusses the types of firms estate agents can work for and the roles and responsibilities of estate agents in Malaysia. Finally, it discusses the types of estate agency agreements like exclusive, sole, and joint agencies.
This document discusses valuation for rating purposes in local authorities in Malaysia. It introduces annual value and improved value as the two bases for determining property tax assessments. Annual value is based on estimated annual rental income, while improved value refers to market value. The document outlines key considerations for each basis, exemptions from rates, the powers of local authorities to impose rates, and why rates are needed as a key source of revenue for local authorities.
The Land Acquisition Act 1960 allows the government to acquire private land for public purposes, such as infrastructure and development projects. Compensation is required to be provided to the land owner. Compensation amounts are determined based on the market value of the land and may also include amounts for issues like severance of remaining land, loss of business, relocation costs, and any increase or decrease in land values due to the purpose of acquisition. The Act aims to ensure land owners are financially compensated to the same level as if their land had not been acquired, following principles of fairness and adequate compensation under the Malaysian Constitution.
This document provides an overview of the industrial building allowance under Malaysian tax law. It defines an industrial building and outlines the types of expenditures that qualify for the initial allowance and annual allowance deductions. It also discusses how the allowances apply for constructed versus purchased buildings, temporary disuse of buildings, and the balancing charge or allowance applied when a building is disposed of. Eligible persons, rates for the allowances, and examples are provided to illustrate the key concepts.
The document summarizes key aspects of land acquisition law in Malaysia, including:
1) The finality of the Land Administrator's award of compensation and circumstances where it can be challenged.
2) How compensation is assessed based on market value principles and other factors in the First Schedule such as severance.
3) The process for objecting to a land acquisition award, including statutory criteria for locus standi, grounds for objection, and procedures upon filing an objection.
4) Case law addressing issues like delays invalidating acquisitions, standards for determining compensation amounts, and constitutional challenges.
The Valuers, Appraisers and Estate Agents Act 1981 established the Board of Valuers, Appraisers and Estate Agents Malaysia to regulate the real estate industry. The board maintains registers of licensed professionals and oversees registration, examinations, disciplinary actions, and standards. Only registered estate agents can advertise or recover fees for real estate services. Candidates must pass exams, complete training, and meet other qualifications to become registered estate agents or probationary estate agents.
This document discusses the practice of estate agency. It begins by defining an estate agent and their roles such as property valuation, management, and conducting research. It then discusses the types of firms estate agents can work for and the roles and responsibilities of estate agents in Malaysia. Finally, it discusses the types of estate agency agreements like exclusive, sole, and joint agencies.
This document discusses valuation for rating purposes in local authorities in Malaysia. It introduces annual value and improved value as the two bases for determining property tax assessments. Annual value is based on estimated annual rental income, while improved value refers to market value. The document outlines key considerations for each basis, exemptions from rates, the powers of local authorities to impose rates, and why rates are needed as a key source of revenue for local authorities.
The Land Acquisition Act 1960 allows the government to acquire private land for public purposes, such as infrastructure and development projects. Compensation is required to be provided to the land owner. Compensation amounts are determined based on the market value of the land and may also include amounts for issues like severance of remaining land, loss of business, relocation costs, and any increase or decrease in land values due to the purpose of acquisition. The Act aims to ensure land owners are financially compensated to the same level as if their land had not been acquired, following principles of fairness and adequate compensation under the Malaysian Constitution.
This document provides an overview of the industrial building allowance under Malaysian tax law. It defines an industrial building and outlines the types of expenditures that qualify for the initial allowance and annual allowance deductions. It also discusses how the allowances apply for constructed versus purchased buildings, temporary disuse of buildings, and the balancing charge or allowance applied when a building is disposed of. Eligible persons, rates for the allowances, and examples are provided to illustrate the key concepts.
The document summarizes key aspects of land acquisition law in Malaysia, including:
1) The finality of the Land Administrator's award of compensation and circumstances where it can be challenged.
2) How compensation is assessed based on market value principles and other factors in the First Schedule such as severance.
3) The process for objecting to a land acquisition award, including statutory criteria for locus standi, grounds for objection, and procedures upon filing an objection.
4) Case law addressing issues like delays invalidating acquisitions, standards for determining compensation amounts, and constitutional challenges.
The document summarizes key aspects of land acquisition procedures under the Malaysian Land Acquisition Act 1960. It discusses:
1) The three stages of land acquisition - pre-acquisition, acquisition, and post-acquisition. This includes the various forms used to notify landowners and conduct inquiries.
2) Case law that has established the government has sole discretion to determine what constitutes a "public purpose" for acquisition.
3) Amendments to the Act in 1991 that expanded the purposes for which land could be acquired to include economic development and public benefit.
4) Procedures that must be followed, such as publishing notices and consulting planning authorities, as well as exceptions where failure to follow certain steps
The presentation is aimed at providing basic understanding of the housing policies in the country, under standing its chronological evolution, the different policies its composition with respect to the eligibility and amenities.
This document discusses the phases of maintenance and management of buildings and common property in strata developments under Malaysian law. It explains that developments with common property are initially maintained by the developer, then by a Joint Management Body after vacant possession is delivered, and finally by a Management Corporation once established. It outlines the roles and responsibilities of these entities as well as property owners. Key points covered include powers and duties regarding common property maintenance, insurance, and dispute resolution processes.
This document presents a detailed flowchart on the process of property development in Malaysia, from land purchase application to construction to delivery of the property to purchasers.
This document summarizes procedures for subdivision, partition, and amalgamation of land under the National Land Code of Malaysia. It discusses:
1. Subdivision allows breaking up a single title into two or more portions, each held under a new separate title. The registered proprietor applies to the relevant authority and must meet conditions.
2. Partition divides jointly held land among co-proprietors, terminating their joint ownership and granting each a separate title. Co-proprietors or a majority shareholder can apply to the relevant authority.
3. Amalgamation combines two or more contiguous titles into a single title. The relevant authority approves if conditions are met. Approval from higher authorities may be required
This document outlines the procedure for compulsory land acquisition in Malaysia as prescribed by the Land Acquisition Act 1960 (LAA 1960). It discusses the key stages of acquisition including preliminary notification, survey and investigation of land, declaration of intent to acquire, inquiry process, award of compensation, and appeal process. The principles for determining adequate compensation under the LAA 1960 and Federal Constitution are also examined, focusing on market value and matters to consider or neglect in assessing compensation.
The document discusses and compares the Deed and Torrens systems of land registration.
[1] The Deed system involved exhaustive searches of title documents back to the original Crown grant, which was complex, expensive and uncertain. [2] The Torrens system introduced in Malaysia simplified conveyancing by making registration of titles and dealings compulsory, with the register providing conclusive evidence of ownership. Key principles are the mirror and curtain principles. [3] The objectives were to provide certainty, security of title and facilitate transfer compared to the defects of the Deed system.
This document discusses the two types of conditions that can be imposed on lands alienated by the State Authority under Section 5 of the National Land Code:
1. Express conditions - These are conditions that are clearly spelled out and endorsed on the document of title. They apply specifically to that particular land.
2. Implied conditions - These relate to the category of land use and are laid down in Sections 114-118 of the NLC. They apply to the extent they are not inconsistent with any express conditions. Examples include only allowing buildings for agricultural purposes on agricultural land.
A breach of either type of condition can result in forfeiture of the land under Section 127.
A brief through the content and purpose of Architect Act 1967, Architect Rules 1996, Scale of Minimum Fees (Architect Rules 2010). Covering the law and practices concern and case study on the application of Architect Act 1967 & Architect Rules 2010.
Credit to the team:
KIM ZHAO WEI
LIM SIAW YEN
PATRICK CHHOA
LEE SAI FONG
ELAINE LEE MEI LIAN
KOK LEAN KEAT
(Master of Architecture, UTM)
The document discusses the definition of land under Malaysian law and the English common law doctrine of fixtures. It provides examples of how determining what constitutes a fixture or a chattel is important for resolving disputes in property and loan transactions. The key tests from the 1872 English case Holland v. Hodgson are explained - the degree of annexation test and purpose of annexation test must both be considered. Two important Malaysian cases - Goh Chong Hin v. Consolidated Malay Rubber and Sungei Way Leasing v. Lian Seng Properties - applied these tests and established that the English law of fixtures applies in Malaysia, even when a retention of title clause exists.
P/S : I am sharing my personal notes of law-related subjects. Some parts of them are explained in a very informal-relaxed way and mix of languages (BM and English). Secondly, as law revolves every day, there will be outdated parts in my notes. Two ways of handling it.. (1) double check with the latest law and keep it to yourself (2) same with No. 1 coupled with your generosity to share with us, the LinkedIn users (hiks ^_^). Till then, have a nice day!
The document provides guidelines for building inspection reports in Malaysia. It outlines 12 types of inspection reports and details their purposes and scope. The guidelines discuss valuation reports, property purchase surveys, building surveys, specialist investigations, and other common types of inspection reports. It aims to define the different types of inspections to avoid misunderstandings between professionals and clients.
Land Acquisition in Malaysia: The Must Know & The Must NotAdeline Chin YF
The slides provide a brief overview of the land acquisition process in Malaysia alongside recent developments and notable cases related to land acquisition. Also included are methods to contesting an award of compensation during compulsory land acquisitions, recent developments in appealing a land reference order, and the filing of judicial review to challenge an acquisition.
Land premium is an amount paid to the land authority for changes to land use or lease extensions. There are different types of land premium calculated based on factors like market value, land category, and remaining lease term. Premium is calculated using formulas involving the land value, percentage rates specified by state rules, and differences in lease terms. Examples show how premium is determined for residential lease extensions and conversions from agricultural to residential use.
The document discusses key concepts relating to the alienation and disposal of state land in Malaysia. It explains the different types of titles that can be granted for state land (registry title, land office title, qualified title), the conditions and restrictions that can be imposed on disposed state land, and when alienation of state land becomes legally effective (upon registration of title, not just approval of disposal). Key methods of state land disposal include alienation, which can be for a term of years or in perpetuity, and involves payment of rent and/or premium as consideration.
The Valuers, Appraisers and Estate Agents Act 1981 established the Board of Valuers, Appraisers and Estate Agents Malaysia to regulate the real estate industry. The board maintains registers of licensed professionals and oversees registration, examinations, code of conduct and disciplinary proceedings. Only registered estate agents can advertise or recover fees for real estate services. Candidates must pass exams and a practical training period to become a licensed estate agent.
Real Estate Appraisers for Dummies | What You Need To Know In 15 SlidesOwlGuru.com
Real estate appraisers determine the value of real property for purposes such as purchases, sales, investments, mortgages, or loans. They compute final property valuations considering factors like depreciation and income potential. The average salary for a real estate appraiser is $58,400 per year or $28.08 per hour. Many real estate appraisers have a bachelor's degree, though some have associate's degrees.
The document summarizes key aspects of land acquisition procedures under the Malaysian Land Acquisition Act 1960. It discusses:
1) The three stages of land acquisition - pre-acquisition, acquisition, and post-acquisition. This includes the various forms used to notify landowners and conduct inquiries.
2) Case law that has established the government has sole discretion to determine what constitutes a "public purpose" for acquisition.
3) Amendments to the Act in 1991 that expanded the purposes for which land could be acquired to include economic development and public benefit.
4) Procedures that must be followed, such as publishing notices and consulting planning authorities, as well as exceptions where failure to follow certain steps
The presentation is aimed at providing basic understanding of the housing policies in the country, under standing its chronological evolution, the different policies its composition with respect to the eligibility and amenities.
This document discusses the phases of maintenance and management of buildings and common property in strata developments under Malaysian law. It explains that developments with common property are initially maintained by the developer, then by a Joint Management Body after vacant possession is delivered, and finally by a Management Corporation once established. It outlines the roles and responsibilities of these entities as well as property owners. Key points covered include powers and duties regarding common property maintenance, insurance, and dispute resolution processes.
This document presents a detailed flowchart on the process of property development in Malaysia, from land purchase application to construction to delivery of the property to purchasers.
This document summarizes procedures for subdivision, partition, and amalgamation of land under the National Land Code of Malaysia. It discusses:
1. Subdivision allows breaking up a single title into two or more portions, each held under a new separate title. The registered proprietor applies to the relevant authority and must meet conditions.
2. Partition divides jointly held land among co-proprietors, terminating their joint ownership and granting each a separate title. Co-proprietors or a majority shareholder can apply to the relevant authority.
3. Amalgamation combines two or more contiguous titles into a single title. The relevant authority approves if conditions are met. Approval from higher authorities may be required
This document outlines the procedure for compulsory land acquisition in Malaysia as prescribed by the Land Acquisition Act 1960 (LAA 1960). It discusses the key stages of acquisition including preliminary notification, survey and investigation of land, declaration of intent to acquire, inquiry process, award of compensation, and appeal process. The principles for determining adequate compensation under the LAA 1960 and Federal Constitution are also examined, focusing on market value and matters to consider or neglect in assessing compensation.
The document discusses and compares the Deed and Torrens systems of land registration.
[1] The Deed system involved exhaustive searches of title documents back to the original Crown grant, which was complex, expensive and uncertain. [2] The Torrens system introduced in Malaysia simplified conveyancing by making registration of titles and dealings compulsory, with the register providing conclusive evidence of ownership. Key principles are the mirror and curtain principles. [3] The objectives were to provide certainty, security of title and facilitate transfer compared to the defects of the Deed system.
This document discusses the two types of conditions that can be imposed on lands alienated by the State Authority under Section 5 of the National Land Code:
1. Express conditions - These are conditions that are clearly spelled out and endorsed on the document of title. They apply specifically to that particular land.
2. Implied conditions - These relate to the category of land use and are laid down in Sections 114-118 of the NLC. They apply to the extent they are not inconsistent with any express conditions. Examples include only allowing buildings for agricultural purposes on agricultural land.
A breach of either type of condition can result in forfeiture of the land under Section 127.
A brief through the content and purpose of Architect Act 1967, Architect Rules 1996, Scale of Minimum Fees (Architect Rules 2010). Covering the law and practices concern and case study on the application of Architect Act 1967 & Architect Rules 2010.
Credit to the team:
KIM ZHAO WEI
LIM SIAW YEN
PATRICK CHHOA
LEE SAI FONG
ELAINE LEE MEI LIAN
KOK LEAN KEAT
(Master of Architecture, UTM)
The document discusses the definition of land under Malaysian law and the English common law doctrine of fixtures. It provides examples of how determining what constitutes a fixture or a chattel is important for resolving disputes in property and loan transactions. The key tests from the 1872 English case Holland v. Hodgson are explained - the degree of annexation test and purpose of annexation test must both be considered. Two important Malaysian cases - Goh Chong Hin v. Consolidated Malay Rubber and Sungei Way Leasing v. Lian Seng Properties - applied these tests and established that the English law of fixtures applies in Malaysia, even when a retention of title clause exists.
P/S : I am sharing my personal notes of law-related subjects. Some parts of them are explained in a very informal-relaxed way and mix of languages (BM and English). Secondly, as law revolves every day, there will be outdated parts in my notes. Two ways of handling it.. (1) double check with the latest law and keep it to yourself (2) same with No. 1 coupled with your generosity to share with us, the LinkedIn users (hiks ^_^). Till then, have a nice day!
The document provides guidelines for building inspection reports in Malaysia. It outlines 12 types of inspection reports and details their purposes and scope. The guidelines discuss valuation reports, property purchase surveys, building surveys, specialist investigations, and other common types of inspection reports. It aims to define the different types of inspections to avoid misunderstandings between professionals and clients.
Land Acquisition in Malaysia: The Must Know & The Must NotAdeline Chin YF
The slides provide a brief overview of the land acquisition process in Malaysia alongside recent developments and notable cases related to land acquisition. Also included are methods to contesting an award of compensation during compulsory land acquisitions, recent developments in appealing a land reference order, and the filing of judicial review to challenge an acquisition.
Land premium is an amount paid to the land authority for changes to land use or lease extensions. There are different types of land premium calculated based on factors like market value, land category, and remaining lease term. Premium is calculated using formulas involving the land value, percentage rates specified by state rules, and differences in lease terms. Examples show how premium is determined for residential lease extensions and conversions from agricultural to residential use.
The document discusses key concepts relating to the alienation and disposal of state land in Malaysia. It explains the different types of titles that can be granted for state land (registry title, land office title, qualified title), the conditions and restrictions that can be imposed on disposed state land, and when alienation of state land becomes legally effective (upon registration of title, not just approval of disposal). Key methods of state land disposal include alienation, which can be for a term of years or in perpetuity, and involves payment of rent and/or premium as consideration.
The Valuers, Appraisers and Estate Agents Act 1981 established the Board of Valuers, Appraisers and Estate Agents Malaysia to regulate the real estate industry. The board maintains registers of licensed professionals and oversees registration, examinations, code of conduct and disciplinary proceedings. Only registered estate agents can advertise or recover fees for real estate services. Candidates must pass exams and a practical training period to become a licensed estate agent.
Real Estate Appraisers for Dummies | What You Need To Know In 15 SlidesOwlGuru.com
Real estate appraisers determine the value of real property for purposes such as purchases, sales, investments, mortgages, or loans. They compute final property valuations considering factors like depreciation and income potential. The average salary for a real estate appraiser is $58,400 per year or $28.08 per hour. Many real estate appraisers have a bachelor's degree, though some have associate's degrees.
The Real Estate (Regulation & Development) Act 2016 & its Draft RulesJash Vaidya
Presentation on Real Estate (Regulation & Development) Act 2016 and its Draft Rules- Its Impact on Real Estate Developers and Consumers. It also Highlights Lacuna in the Legislation and its draft rules which needs serious consideration by Ministry of Law & Justice.
Residential Core Law: House Bill 532 and How it Will Affect YouPaul Saba
The purpose of this course is to make sure that real estate agents understand the current legal requirements under Ohio License Law. This course focuses on how these laws apply to the agent’s business.
Topics include:
- House Bill 532 – License Law Changes
- Agency
- Liability
- Case Law Update
- Electronic Signatures
- Advertising and Administrative Rules
- Contract Formation
The document is a lecture outline on property management that covers:
1) A brief history of property management from its origins in rent collection to its modern form.
2) An overview of the modern property management industry, jobs, and career opportunities.
3) Details on the regulatory body that oversees property managers in Malaysia and compensation structures.
3 Things Every Sales Team Needs to Be Thinking About in 2017Drift
Thinking about your sales team's goals for 2017? Drift's VP of Sales shares 3 things you can do to improve conversion rates and drive more revenue.
Read the full story on the Drift blog here: http://blog.drift.com/sales-team-tips
Importers and customs broker’s accreditation in the PhilippinesMichael Tede
The document provides information on the accreditation process for importers and customs brokers with the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC). It outlines the two phases of accreditation: 1) Obtaining a BIR Importer Clearance Certificate (BIR-ICC) or BIR Customs Broker Clearance Certificate (BIR-BCC) which requires submitting various documents to the BIR and 2) Obtaining a Certificate of Accreditation (COA) from the BOC which also requires submitting documents. The BIR-ICC/BCC and BOC-COA are both valid for 3 years unless revoked or cancelled. Regular updates to the Customs Performance Report
The document discusses several issues and recommendations regarding real estate development licensing processes in Vietnam. It identifies requirements for investors to obtain numerous approvals and permits before being eligible for an investment certificate, which causes delays. It also notes contradictions in laws that make it impossible for first-time foreign investors to undertake projects. Recommendations include simplifying approval procedures, removing prerequisites for the investment certificate, and clarifying rules regarding land use rights certificates for partial construction works.
The document is an expression of interest from companies to provide stand construction services for Plastivision India 2020, a major plastics exhibition taking place in January 2020 in Mumbai, India. It provides details about the exhibition organizer, All India Plastics Manufacturers' Association (AIPMA), including its history and role in promoting the plastics industry in India. It then provides information about Plastivision India 2020, noting it will have over 1,500 exhibitors from 25+ countries and over 100,000 square meters of exhibition space. The document outlines the requirements and terms for companies to submit proposals to provide shell scheme stand construction services for exhibitors at the event. Proposals are due by February 22, 2019 and
The document is an expression of interest for an electrical contractor agency for Plastivision India 2020, an international exhibition and conference on plastics to be held from January 16-20, 2020 in Mumbai, India. It provides details about the event organizer, All India Plastics Manufacturers' Association (AIPMA), and the previous Plastivision India exhibition. It outlines the scope of services required, including laying cables, distribution boards, circuit breakers, maintenance and coordination of electrical work. Contractors are invited to submit pricing schedules and proposals by February 22, 2019 for consideration as the electrical contractor for the event.
Latest Tener EV Charging Stataion by EESL you can call us for any require support instalation and Electrical Safety Lie Earthing ,Lightning and Surge Protection
How to register as a foreign venture capital investor in indiabrijshakun
The document outlines the registration process for foreign venture capital investors seeking to register with SEBI in India. Applicants must meet eligibility criteria, submit the required application form along with documents and fees, appoint a designated bank and custodian in India, and provide details on their investment strategy and experience. Once all requirements are met and approvals received, SEBI will grant registration and certification as a Foreign Venture Capital Investor. The process aims to expedite registration while ensuring all regulatory requirements are fulfilled.
Terms of reference CLPE auction Nº3 - 2021ProColombia
1) The document outlines the terms of reference for auction CLPE 03-2021, which aims to promote long-term electricity generation contracts through a competitive bidding process.
2) Interested parties can register to participate as buyers or sellers between August 17-27, and must submit prequalification documents by September 6 to meet technical, financial, and legal requirements.
3) Prequalified participants will submit binding offers by September 29. Contracts will be awarded based on competition criteria and price caps, with the goal of meeting the target demand for electricity. Winning bidders must then sign electricity supply contracts and post compliance guarantees.
The document summarizes key corporate law regulations and regulatory bodies in Nigeria. It outlines several Acts that regulate aspects of corporate practice, including the Companies and Allied Matters Act, Investment and Securities Act, and more. It then describes the major regulatory bodies that oversee corporate law and their roles, such as the Corporate Affairs Commission, Securities and Exchange Commission, Nigerian Investment Promotion Commission, and others. Finally, it provides details on the process of accreditation for agents to deal with the Corporate Affairs Commission on behalf of clients.
The document is an expression of interest from The All India Plastics Manufacturers' Association for special temporary structures and hangars for Plastivision India 2020, their international plastics exhibition. It provides details on the scope of works, specifications for aluminum and MS hangars, pricing schedule, terms and conditions. Key information includes erecting 5,000-15,000 sqm of hangar space, providing lighting, doors, flooring and optional air conditioning. Contractors must have experience, insurance, follow safety regulations and complete setup and dismantling on schedule. [END SUMMARY]
The document is an expression of interest from logistics and freight forwarding agencies for Plastivision India 2020, an international plastics exhibition to be held in Mumbai. It provides details about the exhibition organizer, the All India Plastics Manufacturers' Association, and the scope and scale of Plastivision India 2020. The document outlines requirements for interested agencies, including equipment ownership and experience requirements. It also specifies the pricing schedule and terms that agencies must follow in their submissions.
The document could not be summarized as no text was provided for the document. A document is needed to generate a meaningful summary with the key details and essential information in 3 sentences or less.
POWERPOINT PRESENTATION ON THE RERA ACT, 2016harshawardhany7
The key points are:
1. The RERA Act created the Real Estate Regulatory Authority to regulate the real estate sector and ensure transparent and efficient transactions that protect buyers.
2. The Act requires developers to register projects with RERA before advertising or selling units. It also specifies timelines for project completion and allows extensions in some cases.
3. RERA can revoke registrations if developers fail to comply with the Act,
The document provides information about the process for declaring a building substandard and pursuing demolition if needed under the Long Beach Municipal Code. It discusses key steps in the process including determining if a building is substandard, notifying the owner, allowing for appeals, obtaining inspection warrants if needed, preparing for demolition by assessing for asbestos, and carrying out demolition. The owner is given opportunities to bring the building into compliance through rehabilitation or allow demolition, while the city aims to remove blight and improve neighborhoods through strict enforcement of building standards. Proper documentation at each step is emphasized to build a case for any needed demolition.
The document is an expression of interest from companies to provide generator vans on hire for Plastivision India 2020, an international exhibition and conference on plastics to be held in Mumbai from January 16-20, 2020. It provides details on the event, outlines requirements for generator vans like capacity, power factor and voltage regulation. Interested companies are requested to provide pricing for generator vans of various specifications in their response by February 22, 2019. The document aims to hire generator vans and other power solutions to ensure uninterrupted power supply for the large exhibition.
Eoi indoor & outdoor venue brandingplastivision
The document is an expression of interest for indoor and outdoor venue branding for Plastivision India 2020, an international exhibition and conference on plastics to be held in Mumbai from January 16-20, 2020. It provides details about the event organizer, All India Plastics Manufacturers' Association, and the scope of the exhibition involving over 1500 exhibitors from 25 countries. Interested parties are requested to provide pricing for various branding and signage items like flex banners, help desk kiosks, and vinyl stickers to promote the exhibition.
The document is an expression of interest for providing temporary toilet facilities at the Plastivision India 2020 exhibition from January 16-20 in Mumbai. It provides details about the All India Plastics Manufacturers' Association, which is organizing the exhibition, and outlines the scope of the exhibition which will host 1500 exhibitors from 25 countries. The document requests pricing and terms for providing air conditioned and non-air conditioned toilet units during the exhibition and provides instructions for submitting bids for the work.
International Plastics Exhibition & Conference
Plastivision India is one of the largest exhibitions of India that concentrates on the plastic industry. This international event will be held for a period of five consecutive days at the Bombay Exhibition Center in Mumbai, India. The conference will feature a number of unique visitors and exhibitors are increasing every year, and this event is emerging as one of the top 10 global plastic exhibitions.
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https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
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Lecture 2 registration of estate agents
1. EMT654 - Professional Practice II 1
MOHAMAD ISA ABDULLAH,MOHAMAD ISA ABDULLAH,
Department of Estate Management,Department of Estate Management,
Faculty of Architecture, Planning and Surveying,Faculty of Architecture, Planning and Surveying,
MARA University of Technology,MARA University of Technology,
40450 Shah Alam, Selangor Darul Ehsan, Malaysia.40450 Shah Alam, Selangor Darul Ehsan, Malaysia.
Email: isa006@salam.uitm.edu.myEmail: isa006@salam.uitm.edu.my
PROCEDURE REGISTRATION OFPROCEDURE REGISTRATION OF
ESTATE AGENTSESTATE AGENTS
LECTURE 3LECTURE 3
08/29/13 1
2. 10/20/11 EMT654 - Professional Practice II 2
General requirements of Estate Agents
1. Malaysian citizen or a permanent resident of the country.
2.The minimum entry requirement stipulated by the Rules is that
candidates who desire to sit for the estate agents examination must
possess a MCE/SPM certificate with not less than 5 subject passess
of which at least 3 shall be credits.
o One of the credits shall be in either Mathematic or Science or
Commerce or Accounting.
o Applications from candidates who do not possess an
SPM/MCE however have obtained a higher qualification
recognised by Jabatan Perkhidmatan Awam (and Malaysian
Qualifications Agency (may be considered).
08/29/13 2
3. 10/20/11 EMT654 - Professional Practice II 3
General requirements of Estate Agents
3. The Estate Agent's Examination for the Part I & Part II will be held
sometime around June or July of the particular year. Registration
is open from 2nd January until 2nd May of the particular year.
4.The Part I and Part II exams are written exams (subjective). Each
part consists of 6 subjects. The fee is RM50.00 per subject and
processing fee is RM50.00.
5. Persons who have majored in property related courses and have
obtained degrees of same are exempted from the estate agents
written examination in varying degree.
08/29/13 3
4. 10/20/11 EMT654 - Professional Practice II 4
Registration of Estate AgentsRegistration of Estate Agents
1. After passing Part I & Part II of the Estate Agent's Written
Examination, you will be required to register as a Probationary
Estate Agent and simultaneously register for your Test of
Professional Competence (TPC).
2. If the candidate has satisfied all the requirements of the Board
then it will register the candidate as a probationary estate agent
and advise on the commencement date of his practical training.
3. The candidate must possess 2 years post-qualifying practical
training and experience in Malaysia under the supervision of
a registered estate agent.
08/29/13 4
5. 10/20/11 EMT654 - Professional Practice II 5
Registration of Estate AgentsRegistration of Estate Agents
4. Upon completion of the 2 years post-qualifying
practical training, the candidate will be required to sit
for the oral examination (Test of Professional
Competence).
5. Only upon passing the Test of Professional
Competence, will the candidate be eligible for
registration as a registered estate agent.
08/29/13 5
6. 10/20/11 EMT654 - Professional Practice II 6
Registration of Estate AgentsRegistration of Estate Agents
6. Any person desirous of getting himself registered as a
registered estate agent is requested to procure a copy
of the Rules & Guidelines to the Test of Professional
Competence for the Estate Agency Practice by
enclosing an M.O./Cheque in favour of the Board of
Valuers, Appraisers and Estate Agents Malaysia for
RM14.00 which amount is inclusive of postage charges.
08/29/13 6
7. 10/20/11 EMT654 - Professional Practice II 7
Registration of Estate AgentsRegistration of Estate Agents
oRule 17 – form of application
1. Form A – Valuer
2. Form B – Estate Agent
3. Form A1 – Probationary valuer
4. Form B2 _ Prabationary estate agent
oRule 18 – renewal of registration of probationary valuers
and estate agents
oRule 19 – notification to applicant – the board decision
will be notified to the applicant
R
08/29/13 7
8. 10/20/11 EMT654 - Professional Practice II 8
Registration of Estate AgentsRegistration of Estate Agents
oRule 19 – notification to applicant – the board decision
will be notified to the applicant
oRule 20 – registration fee and fee for authority to
practice and failure to pay fee
oRule 20A– registration of prabationary valuers and
estate agents
oRule 20B – renewal of registration of probationary
valuers and estate agents
oRule 21 – authority to practice08/29/13 8
9. 10/20/11 EMT654 - Professional Practice II 9
Registration of Estate AgentsRegistration of Estate Agents
oRule 22 – special authority to practice valuation –
form C in 2nd
Schedule and prescribed fee
oRule 23 – application to renewal
oRule 24 – duplicate authority to practice – form E
in Second Schedule and prescribed fee
oRule 25 – application for reinstatement – form F
of second Schedule
08/29/13 9
10. 10/20/11 EMT654 - Professional Practice II 10
Registration of Estate AgentRegistration of Estate Agent
Provision of Sec 22A (1)of the Valuer, Appraiser and
Estate Agent Act 1981
1) Any person has desired to be registered estate agents under Part III of the
Register have to submit application to the Board and prove to its satisfaction
that:-
a) Attained 21 years old and is sound mind. Good character and has not
been convicted of any offence involving fraud, or dishonesty or moral
turpitude during the 5 years immediately preceding the date of his
application;
b) He is not discharged bankrupt
c) Satisfied the requirement of sec 22D of the Act
d) Has made declaration in the form and manner prescribed by the board,
e) Has paid the fees prescribed by the Board
f) Not under suspension from valuation or estate agency practice nor his
name has been cancelled from the register.
08/29/13 10
11. 10/20/11 EMT654 - Professional Practice II 11
Registration of Estate AgentsRegistration of Estate Agents
Provision of Sec 22A (2)of the Act 1981
2) Any person who applies within 12 months from the date of the
coming into force of this Part for registration under the register of
Estate Agents shall be entitled to have his name so registered if
he proves to the satisfaction of the board that :-
a) Immediate before the date of coming into force of this part:
i) He had been engaged in estate agent firms
ii) He was a registered valuer or appraiser and that his
business including estate agency practice and served his
clients
(3) Board may call upon that the applicant to submit the relevant
documents.
08/29/13 11
12. 10/20/11 EMT654 - Professional Practice II 12
Practice of Estate AgencyPractice of Estate Agency
Based on the provisions of Sec 22B(1) of Valuer, Appraiser and
Estate Agent(VAEA) Act 1981, only registered estate agent is
allowed to practice estate agency profession.
According 22B(1A) clarifies that subject to the provisions of
subsection 2 of this act, not allows registered estate agent to
practice for property management unless,
they have been given permission by the board to practice
before the effect of subsection (1A)
08/29/13 12
13. 10/20/11 EMT654 - Professional Practice II 13
Restriction Practice of Estate AgentRestriction Practice of Estate Agent
Based on the provisions of the section 22C (1), the VAEA
Act 1981, only registered estate agent allows to carrying
out:
a) business or employment practice estate agency with
appropriate names containing words such as estate agents,
house brokers, property agent.
b) display any signboard, Distribute / Circulate card, letter,
brochures, pamphlets, leaflets, notice or any form of
advertisement, implying directly or indirectly.
c) undertake any work specified under section 22B.
d) entitled to recover any fees, charges or remuneration for any
professional service
08/29/13 13
14. 10/20/11 EMT654 - Professional Practice II 14
Exemption Restriction of Estate AgentExemption Restriction of Estate Agent
practicepractice
Based on the provisions under section 22C (2), the VAEA
Act, 1981, other parties than registered estate agent
are allowed to practice estate agent estate agency:
1. land / building owners.
2. Licensed Auctioneer through public auction, and
3. Power of attorney’s holder who sell, purchase or rent
which do not charge any commission, fee, reward etc
upon securing transaction.
08/29/13 14
15. 10/20/11 EMT654 - Professional Practice II 15
Qualification of Estate AgentQualification of Estate Agent
The provision of sec 22D of the Act
1) A person has been registered as a probationary estate agent
under the Act.
2) Any person who has passed the examinations prescribed by the
Board or who has obtained qualifications which the Board
recognises as equivalent to such examinations.
3) A probationary estate agent are required to obtain the practical
experience(PE) and to pass the Test of Professional
Competence(TPC) as prescribed by the Board or any equivalent
test or examination recognised by the Board.
08/29/13 15
16. 10/20/11 EMT654 - Professional Practice II 16
Qualification of Estate AgentQualification of Estate Agent
The provision of sec 22D of the Act (Cont’d)
4) A probationary estate agent has complied with the requirements
of act, he may apply to the Board.
5) A Malaysian citizen, unless if otherwise he is or has been a
registered estate agent before the coming into force of this section.
08/29/13 16
17. 10/20/11 EMT654 - Professional Practice II 17
Procedure pertaining a practice of
Estate Agents
1. Must be a Malaysian citizen or a permanent resident of the
country.
2.The minimum entry requirement stipulated by the Rules is that
candidates who desire to sit for the estate agents examination must
possess a MCE/SPM certificate with not less than 5 subject passess
of which at least 3 shall be credits.
o One of the credits shall be in either Mathematic or Science or
Commerce or Accounting.
o Applications from candidates who do not possess an
SPM/MCE however have obtained a higher qualification
recognised by Jabatan Perkhidmatan Awam (and Malaysian
Qualifications Agency (may be considered).
08/29/13 17
18. 10/20/11 EMT654 - Professional Practice II 18
Procedure pertaining a practice of
Estate Agents
3. The Estate Agent's Examination for the Part I & Part II will be held
sometime around June or July of the particular year. Registration
is open from 2nd January until 2nd May of the particular year.
4.The Part I and Part II exams are written exams (subjective). Each
part consists of 6 subjects. The fee is RM50.00 per subject and
processing fee is RM50.00.
5. Persons who have majored in property related courses and have
obtained degrees of same are exempted from the estate agents
written examination in varying degree.
08/29/13 18
19. 10/20/11 EMT654 - Professional Practice II 19
Registration of Estate AgentsRegistration of Estate Agents
1. After passing Part I & Part II of the Estate Agent's Written
Examination, you will be required to register as a Probationary
Estate Agent and simultaneously register for your Test of
Professional Competence (TPC).
2. Thereafter if the candidate has satisfied all the requirements of
the Board then it will register the candidate as a probationary
estate agent and advise on the commencement date of his
practical training.
3. The candidate must possess 2 years post-qualifying practical
training and experience in Malaysia under the supervision of
a registered estate agent.
08/29/13 19
20. 10/20/11 EMT654 - Professional Practice II 20
Registration of Estate AgentsRegistration of Estate Agents
4. Upon completion of the 2 years post-qualifying
practical training, the candidate will be required to sit
for the oral examination (Test of Professional
Competence).
5. Only upon passing the Test of Professional
Competence, will the candidate be eligible for
registration as a registered estate agent.
08/29/13 20
21. 10/20/11 EMT654 - Professional Practice II 21
Registration of Estate AgentsRegistration of Estate Agents
6. Any person desirous of getting himself registered as a
registered estate agent is requested to procure a copy
of the Rules & Guidelines to the Test of Professional
Competence for the Estate Agency Practice by
enclosing an M.O./Cheque in favour of the Board of
Valuers, Appraisers and Estate Agents Malaysia for
RM14.00 which amount is inclusive of postage charges.
08/29/13 21
22. 10/20/11 EMT654 - Professional Practice II 22
3.0 Formation of Firms3.0 Formation of Firms
Provision of Sec 23 (1) of the Act 1981
No registered valuer, appraiser or estate agent shall
practice valuation, appraisal or estate agency or have
the right to recover in any court any fee, charge or
remuneration for any professional advice or services
rendered by him pursuant to his practice unless he
practices as a sole proprietor of a sole proprietorship,
a partner of a partnership, a shareholder or director of
a body corporate registered with the board, or as an
employee of such sole proprietorship, partnership of
body corporate.
08/29/13 22
23. 10/20/11 EMT654 - Professional Practice II 23
3.1 Formation of Firms3.1 Formation of Firms
Provision of Sec 23(2) of the Act 1981
A partnership or body corporate practicing valuation,
appraisal or estate agency, as the case may be, shall not
be registered by the board Unless :
a)All partner of the partnership or directors and
shareholder of the body corporate are :-
i) valuation practice, solely registered valuers
ii) appraisal practice, solely registered appraisers
iii) estate agency practice, solely estate agents
08/29/13 23
24. 10/20/11 EMT654 - Professional Practice II 24
3.2 Formation of Firms3.2 Formation of Firms
Provision of Sec 23(2) of the Act 1981
(Cont’d)
b) The shares in the partnership or the body corporate are
held :-
i) valuation practice, solely registered valuers
ii) appraisal practice, solely registered appraisers
iii) estate agency practice, solely estate agents
c) It satisfied all the conditions specified by the board
08/29/13 24
25. 10/20/11 EMT654 - Professional Practice II 25
4.0 Type of Offenses
Subject to the provisions of Sec 24(1), if a valuer,appraiser or
estate agent or a probationary valuer or probationary estate Agent
or Agent whose name has been placed in the Register or the
Register of probationary Valuers/Probationary Estate Agents, as
the case may be:
a) has been convicted of any offence such as froud or
dishonesty or moral turpitude.
b) Misrepresentation or fraud in obtaining authority/
registration of practice
c) His qualification under sec 18 or 22A has been cancelled by
the authority
d) Failed to comply with the any provision of the act.
e) Neglected to comply any order by the Board acting under
any provision of the act.
f) Found guilty by the Board of any professional misconduct.08/29/13 25
28. 10/20/11 EMT654 - Professional Practice II 28
Procedure Registration of Estate AgentsProcedure Registration of Estate Agents
oRule 17 – form of application
1. Form A – Valuer
2. Form B – Estate Agent
3. Form A1 – Probationary valuer
4. Form B2 _ Prabationary estate agent
oRule 18 – renewal of registration of probationary valuers
and estate agents
oRule 19 – notification to applicant – the board decision
will be notified to the applicant
R
08/29/13 28
29. 10/20/11 EMT654 - Professional Practice II 29
Procedure Registration of Estate AgentsProcedure Registration of Estate Agents
oRule 20 – registration fee and fee for authority to
practice and failure to pay fee – Approval authority to
practice
oRule 20A– registration of prabationary valuers and
estate agents
oRule 20B – renewal of registration of probationary
valuers and estate agents
oRule 21 – authority to practice estate agent – Form I
08/29/13 29
30. 10/20/11 EMT654 - Professional Practice II 30
Procedure Registration of Estate AgentsProcedure Registration of Estate Agents
oRule 22 – special authority to practice valuation –
form C in 2nd
Schedule and prescribed fee
oRule 23 – application to renewal - form K
oRule 24 – duplicate authority to practice – form E in
Second Schedule and prescribed fee
oRule 25 – application for reinstatement – form F of
second Schedule
oRule 25A – ceassation of practice – form M
08/29/13 30
31. 1) Every person desires of being registered as a valuer, estate
agent, probationary valuer or probationary estate agent
under the Act shall apply to the Registrar in :
a)Form A – Valuer
b)Form B – Estate Agent
c)Form A1 – probationary valuer
d)Form B1 – probationary estate agent
2) All such applicant shall accompanied by the processing fee
prescribed in the Third Schedule.
10/20/11 EMT654 - Professional Practice II 31
5.0 Procedure Registration of Estate Agent
(Rule 17)
08/29/13 31
32. 10/20/11 EMT654 - Professional Practice II 32
5.1Submission to the Board (Rule 18)
08/29/13 32
37. 10/20/11 EMT654 - Professional Practice II 37
6.26.2 Registration of Firms (Cont’d)
08/29/13 37
38. According Rule 25D - Consideration of application
1) Once the Board has satisfied with the application under rule 25B
base on the following matters:
a) satisfies the ownership requirement under Sec 23 of the Act.
b) the applicant satisfies the requirements as to its specified in the rule
25K.
c) the particular documents submitted by the applicant to the Board.
2) If he Board not satisfied, the Board shall return the application
to the respective applicant for:
a) re-submitted with amendment.
b) with the necessary particular document which need for amendment.
10/20/11 EMT654 - Professional Practice II 38
6.46.4 Registration of Firms (Cont’d)
08/29/13 38
39. 10/20/11 EMT654 - Professional Practice II 39
6.36.3 Registration Fees
According Rule 25F - Registration Fee
1)The successful registration firms of application, within 90 days of
the date notification, require to pay the registration fee as
prescribed in the Third Schedule.
08/29/13 39
40. 10/20/11 EMT654 - Professional Practice II 40
6.56.5 Registration of Firms (Cont’d)
08/29/13 40
41. 10/20/11 EMT654 - Professional Practice II 41
Prepared by: Mohamad Isa Abdullah
Department of Estate Management
Faculty of Architecture Planning & Surveying,
University Technology MARA, Shah Alam
08/29/13 41