Dear Readers,
Are you aware that: A person’s legal right to practise estate agency and to recover fees in court(s) (say, under S22(C)(d) of the VAEA Act 1981) is subjected to 2 levels of requirements/registrations:
* Firstly, under S22(C) of the VAEA Act 1981, he must be qualified and is registered under his personal name as a registered real estate agent - with a personal E No. - and issued with an authority to practise real estate agency under Sec 16; and,
* Secondly, under Section 23(1) of the VAE Act 1981 and that of Std 2.2.5 of MEAS 1999, he can only practise estate agency as the sole-proprietor of a sole-proprietorship, partner of a partnership, director of an incorporated real estate agency company; or, as an employee thereof. In other words, freelancing is not allowed - meaning: a registered estate agent is forbidden to practise estate agency without a registered estate agency firm.
More details in the next post...stay connected to this blog always.
Cheers,
Douglas GT Tan
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment