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
Showing posts with label Who may practise estate agency in Malaysia?. Show all posts
Showing posts with label Who may practise estate agency in Malaysia?. Show all posts
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