SlideShare une entreprise Scribd logo
1  sur  41
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
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
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
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
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
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
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
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
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
10/20/11 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
10/20/11 EMT654 - Professional Practice II 26
08/29/13 26
10/20/11 EMT654 - Professional Practice II 27
08/29/13 27
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
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
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
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
10/20/11 EMT654 - Professional Practice II 32
5.1Submission to the Board (Rule 18)
08/29/13 32
10/20/11
EMT654 - Professional Practice II 33
5.2 Procedure of Registration(Cont’d)
08/29/13 33
10/20/11 EMT654 - Professional Practice II 34
6.0 Procedure6.0 Procedure Registration of Firms
08/29/13 34
10/20/11 EMT654 - Professional Practice II 35
6.16.1 Registration of Firms
08/29/13 35
10/20/11 EMT654 - Professional Practice II 36
08/29/13 36
10/20/11 EMT654 - Professional Practice II 37
6.26.2 Registration of Firms (Cont’d)
08/29/13 37
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
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
10/20/11 EMT654 - Professional Practice II 40
6.56.5 Registration of Firms (Cont’d)
08/29/13 40
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

Contenu connexe

Tendances

LAND LAW - Sistem Torrens di Malaysia
LAND LAW - Sistem Torrens di MalaysiaLAND LAW - Sistem Torrens di Malaysia
LAND LAW - Sistem Torrens di MalaysiaAmirulAfiq30
 
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIA
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIALand Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIA
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIAxareejx
 
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)anuarhab
 
State authority 1
State authority   1State authority   1
State authority 1FAROUQ
 
A. meaning of_fixtures
A. meaning of_fixturesA. meaning of_fixtures
A. meaning of_fixturesFlora Norman
 
Management of strata schemes
Management of strata schemesManagement of strata schemes
Management of strata schemesHafizul Mukhlis
 
Challenging land acquisition proceedings
Challenging land acquisition proceedingsChallenging land acquisition proceedings
Challenging land acquisition proceedingsHafizul Mukhlis
 
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014xareejx
 
Land Acquisition 2019 in Malaysia
Land Acquisition 2019 in Malaysia Land Acquisition 2019 in Malaysia
Land Acquisition 2019 in Malaysia HidayahYaacob
 
2 types of conditions slide
2 types of conditions slide2 types of conditions slide
2 types of conditions slideSnj SNj
 
Land law 1 alienation 2014
Land law 1 alienation 2014Land law 1 alienation 2014
Land law 1 alienation 2014xareejx
 
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIA
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIALEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIA
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIAASMAH CHE WAN
 

Tendances (20)

LAND LAW - Sistem Torrens di Malaysia
LAND LAW - Sistem Torrens di MalaysiaLAND LAW - Sistem Torrens di Malaysia
LAND LAW - Sistem Torrens di Malaysia
 
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIA
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIALand Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIA
Land Law 1 HISTORICAL BACKGROUND OF LAND LAW IN MALAYSIA
 
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)
LAND ACQUISITION (PENILAIAN PENGAMBILAN TANAH)
 
LAND LAW CASES
LAND LAW CASESLAND LAW CASES
LAND LAW CASES
 
State authority 1
State authority   1State authority   1
State authority 1
 
National land code 1965
National land code 1965National land code 1965
National land code 1965
 
Land acquisition (1)
Land acquisition (1)Land acquisition (1)
Land acquisition (1)
 
Malay reservation land
Malay reservation landMalay reservation land
Malay reservation land
 
A. meaning of_fixtures
A. meaning of_fixturesA. meaning of_fixtures
A. meaning of_fixtures
 
BS Role
BS RoleBS Role
BS Role
 
Management of strata schemes
Management of strata schemesManagement of strata schemes
Management of strata schemes
 
Tort - Kacau ganggu (Nuisance)
Tort - Kacau ganggu (Nuisance)Tort - Kacau ganggu (Nuisance)
Tort - Kacau ganggu (Nuisance)
 
Challenging land acquisition proceedings
Challenging land acquisition proceedingsChallenging land acquisition proceedings
Challenging land acquisition proceedings
 
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014
LAND LAW 1 slides THE NATIONAL LAND CODE Revised 2014
 
Land Acquisition 2019 in Malaysia
Land Acquisition 2019 in Malaysia Land Acquisition 2019 in Malaysia
Land Acquisition 2019 in Malaysia
 
Charge
ChargeCharge
Charge
 
2 types of conditions slide
2 types of conditions slide2 types of conditions slide
2 types of conditions slide
 
Land law 1 alienation 2014
Land law 1 alienation 2014Land law 1 alienation 2014
Land law 1 alienation 2014
 
TORT LAW - STRICT LIABILITY
TORT LAW - STRICT LIABILITYTORT LAW - STRICT LIABILITY
TORT LAW - STRICT LIABILITY
 
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIA
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIALEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIA
LEGAL ISSUES ON HOUSING DEVELOPMENT WITHIN THE CONTEXT OF LAND LAW IN MALAYSIA
 

En vedette

Valuers, appraisers & estate agents acts
Valuers, appraisers & estate agents actsValuers, appraisers & estate agents acts
Valuers, appraisers & estate agents actsAli Saiful
 
Real Estate Appraisers for Dummies | What You Need To Know In 15 Slides
Real Estate Appraisers for Dummies | What You Need To Know In 15 SlidesReal Estate Appraisers for Dummies | What You Need To Know In 15 Slides
Real Estate Appraisers for Dummies | What You Need To Know In 15 SlidesOwlGuru.com
 
The Real Estate (Regulation & Development) Act 2016 & its Draft Rules
The Real Estate (Regulation & Development) Act 2016 & its Draft RulesThe Real Estate (Regulation & Development) Act 2016 & its Draft Rules
The Real Estate (Regulation & Development) Act 2016 & its Draft RulesJash Vaidya
 
Residential Core Law: House Bill 532 and How it Will Affect You
Residential Core Law: House Bill 532 and How it Will Affect YouResidential Core Law: House Bill 532 and How it Will Affect You
Residential Core Law: House Bill 532 and How it Will Affect YouPaul Saba
 
Introduction to Property Management
Introduction to Property ManagementIntroduction to Property Management
Introduction to Property Managementshahrilcang
 
3 Things Every Sales Team Needs to Be Thinking About in 2017
3 Things Every Sales Team Needs to Be Thinking About in 20173 Things Every Sales Team Needs to Be Thinking About in 2017
3 Things Every Sales Team Needs to Be Thinking About in 2017Drift
 

En vedette (6)

Valuers, appraisers & estate agents acts
Valuers, appraisers & estate agents actsValuers, appraisers & estate agents acts
Valuers, appraisers & estate agents acts
 
Real Estate Appraisers for Dummies | What You Need To Know In 15 Slides
Real Estate Appraisers for Dummies | What You Need To Know In 15 SlidesReal Estate Appraisers for Dummies | What You Need To Know In 15 Slides
Real Estate Appraisers for Dummies | What You Need To Know In 15 Slides
 
The Real Estate (Regulation & Development) Act 2016 & its Draft Rules
The Real Estate (Regulation & Development) Act 2016 & its Draft RulesThe Real Estate (Regulation & Development) Act 2016 & its Draft Rules
The Real Estate (Regulation & Development) Act 2016 & its Draft Rules
 
Residential Core Law: House Bill 532 and How it Will Affect You
Residential Core Law: House Bill 532 and How it Will Affect YouResidential Core Law: House Bill 532 and How it Will Affect You
Residential Core Law: House Bill 532 and How it Will Affect You
 
Introduction to Property Management
Introduction to Property ManagementIntroduction to Property Management
Introduction to Property Management
 
3 Things Every Sales Team Needs to Be Thinking About in 2017
3 Things Every Sales Team Needs to Be Thinking About in 20173 Things Every Sales Team Needs to Be Thinking About in 2017
3 Things Every Sales Team Needs to Be Thinking About in 2017
 

Similaire à Lecture 2 registration of estate agents

Importers and customs broker’s accreditation in the Philippines
Importers and customs broker’s accreditation in the PhilippinesImporters and customs broker’s accreditation in the Philippines
Importers and customs broker’s accreditation in the PhilippinesMichael Tede
 
Vietnam _Land and Real Estate in Vietnam
Vietnam _Land and Real Estate in VietnamVietnam _Land and Real Estate in Vietnam
Vietnam _Land and Real Estate in VietnamDr. Oliver Massmann
 
Eoi stand construction agency
Eoi stand construction agencyEoi stand construction agency
Eoi stand construction agencyplastivision
 
Eoi electrical contractor
Eoi electrical contractorEoi electrical contractor
Eoi electrical contractorplastivision
 
How to register as a foreign venture capital investor in india
How to register as a foreign venture capital investor in indiaHow to register as a foreign venture capital investor in india
How to register as a foreign venture capital investor in indiabrijshakun
 
Terms of reference CLPE auction Nº3 - 2021
Terms of reference CLPE auction Nº3 - 2021Terms of reference CLPE auction Nº3 - 2021
Terms of reference CLPE auction Nº3 - 2021ProColombia
 
Eoi special structures hangars
Eoi special structures hangarsEoi special structures hangars
Eoi special structures hangarsplastivision
 
Canara Bank Recruitment notification 2015
Canara Bank Recruitment notification 2015Canara Bank Recruitment notification 2015
Canara Bank Recruitment notification 2015Raja Kashyap
 
Eoi housekeeping services
Eoi housekeeping servicesEoi housekeeping services
Eoi housekeeping servicesplastivision
 
POWERPOINT PRESENTATION ON THE RERA ACT, 2016
POWERPOINT PRESENTATION ON THE RERA ACT, 2016POWERPOINT PRESENTATION ON THE RERA ACT, 2016
POWERPOINT PRESENTATION ON THE RERA ACT, 2016harshawardhany7
 
Eoi indoor & outdoor venue branding
Eoi indoor & outdoor venue brandingEoi indoor & outdoor venue branding
Eoi indoor & outdoor venue brandingplastivision
 
Eoi temporary toilet
Eoi temporary toiletEoi temporary toilet
Eoi temporary toiletplastivision
 
Eoi cctv surveillance
Eoi cctv surveillanceEoi cctv surveillance
Eoi cctv surveillanceplastivision
 
FAQsforRegistrationasaValuer-Individual-01October2021.pdf
FAQsforRegistrationasaValuer-Individual-01October2021.pdfFAQsforRegistrationasaValuer-Individual-01October2021.pdf
FAQsforRegistrationasaValuer-Individual-01October2021.pdfArpitmeena3
 

Similaire à Lecture 2 registration of estate agents (20)

Importers and customs broker’s accreditation in the Philippines
Importers and customs broker’s accreditation in the PhilippinesImporters and customs broker’s accreditation in the Philippines
Importers and customs broker’s accreditation in the Philippines
 
Vietnam _Land and Real Estate in Vietnam
Vietnam _Land and Real Estate in VietnamVietnam _Land and Real Estate in Vietnam
Vietnam _Land and Real Estate in Vietnam
 
Eoi stand construction agency
Eoi stand construction agencyEoi stand construction agency
Eoi stand construction agency
 
Eoi electrical contractor
Eoi electrical contractorEoi electrical contractor
Eoi electrical contractor
 
Eesl ev charging tender 2018
Eesl ev charging tender 2018Eesl ev charging tender 2018
Eesl ev charging tender 2018
 
How to register as a foreign venture capital investor in india
How to register as a foreign venture capital investor in indiaHow to register as a foreign venture capital investor in india
How to register as a foreign venture capital investor in india
 
Terms of reference CLPE auction Nº3 - 2021
Terms of reference CLPE auction Nº3 - 2021Terms of reference CLPE auction Nº3 - 2021
Terms of reference CLPE auction Nº3 - 2021
 
CORPORATE LAW 2014-2
CORPORATE LAW 2014-2CORPORATE LAW 2014-2
CORPORATE LAW 2014-2
 
Eoi special structures hangars
Eoi special structures hangarsEoi special structures hangars
Eoi special structures hangars
 
Canara Bank Recruitment notification 2015
Canara Bank Recruitment notification 2015Canara Bank Recruitment notification 2015
Canara Bank Recruitment notification 2015
 
RERA presentation
RERA presentationRERA presentation
RERA presentation
 
Eoi logistics
Eoi logisticsEoi logistics
Eoi logistics
 
Eoi housekeeping services
Eoi housekeeping servicesEoi housekeeping services
Eoi housekeeping services
 
POWERPOINT PRESENTATION ON THE RERA ACT, 2016
POWERPOINT PRESENTATION ON THE RERA ACT, 2016POWERPOINT PRESENTATION ON THE RERA ACT, 2016
POWERPOINT PRESENTATION ON THE RERA ACT, 2016
 
Sbtraining
SbtrainingSbtraining
Sbtraining
 
Eoi gensets
Eoi gensetsEoi gensets
Eoi gensets
 
Eoi indoor & outdoor venue branding
Eoi indoor & outdoor venue brandingEoi indoor & outdoor venue branding
Eoi indoor & outdoor venue branding
 
Eoi temporary toilet
Eoi temporary toiletEoi temporary toilet
Eoi temporary toilet
 
Eoi cctv surveillance
Eoi cctv surveillanceEoi cctv surveillance
Eoi cctv surveillance
 
FAQsforRegistrationasaValuer-Individual-01October2021.pdf
FAQsforRegistrationasaValuer-Individual-01October2021.pdfFAQsforRegistrationasaValuer-Individual-01October2021.pdf
FAQsforRegistrationasaValuer-Individual-01October2021.pdf
 

Dernier

Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...lizamodels9
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon investment
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Sheetaleventcompany
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...lizamodels9
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceMalegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceDamini Dixit
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 

Dernier (20)

Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceMalegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 

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
  • 26. 10/20/11 EMT654 - Professional Practice II 26 08/29/13 26
  • 27. 10/20/11 EMT654 - Professional Practice II 27 08/29/13 27
  • 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
  • 33. 10/20/11 EMT654 - Professional Practice II 33 5.2 Procedure of Registration(Cont’d) 08/29/13 33
  • 34. 10/20/11 EMT654 - Professional Practice II 34 6.0 Procedure6.0 Procedure Registration of Firms 08/29/13 34
  • 35. 10/20/11 EMT654 - Professional Practice II 35 6.16.1 Registration of Firms 08/29/13 35
  • 36. 10/20/11 EMT654 - Professional Practice II 36 08/29/13 36
  • 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