Author Archives: albertlu

Power of Council to issue requisition for particulars or information – Singapore property for rent

Power of Council to issue requisition for particulars or information – Singapore property for rent 65.—(1) The Council may, from time to time, issue a requisition in writing to any person to furnish such particulars or supply such information relating to any matter … Continue reading

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Members of Appeals Board deemed to be public servants and protection from personal liability – Singapore property for rent

Members of Appeals Board deemed to be public servants and protection from personal liability 63.—(1) The Chairman, a Vice-Chairman and any member of the Appeals Board shall, in the performance of his functions and duties under this Act, be deemed to be a … Continue reading

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Disclosure of conflict of interests by members of Appeals Board – Singapore property for sale

Disclosure of conflict of interests by members of Appeals Board – Singapore property for sale 61.—(1) A member of the Appeals Board shall declare to the Minister, or any person authorised by the Minister, the nature and extent of any actual or … Continue reading

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Appeals to Appeals Board – Singapore property for rent

Appeals to Appeals Board – Singapore property for rent 59.—(1) Any person who is aggrieved by a decision of the Council or a Disciplinary Committee under this Act may lodge an appeal against the decision to the Appeals Board. Singapore property for … Continue reading

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Duty, powers and procedures of Appeals Board – Singapore property for sale

Duty, powers and procedures of Appeals Board – Singapore property for sale 58.—(1) It shall be the duty of the Appeals Board to hear and decide all appeals under section 59. Singapore property for sale (2) In the discharge of its functions … Continue reading

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Effect of revocation and suspension – Singapore property for rent

Effect of revocation and suspension – Singapore property for rent 56.—(1) Where any estate agent’s licence is revoked or while any order of suspension remains in force, the estate agent shall cease to carry on the business of an estate agent. Singapore property for … Continue reading

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Suspension or revocation of registration – Singapore property for sale

Suspension or revocation of registration – Singapore property for sale 55.—(1) Subject to the provisions of this Act, the Council may suspend the registration of a salesperson for such period of time as it thinks fit, or revoke the registration. Singapore property for sale … Continue reading

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Suspension or revocation of estate agent’s licence – Singapore property for rent

Suspension or revocation of estate agent’s licence – Singapore property for rent 54.—(1) Subject to the provisions of this Act, the Council may suspend an estate agent’s licence for such period of time as it thinks fit, or revoke the licence at … Continue reading

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Powers and procedures of Disciplinary Committee – Singapore property for sale

Powers and procedures of Disciplinary Committee – Singapore property for sale 53.—(1) In the discharge of its functions under this Act, a Disciplinary Committee shall have the following powers: Singapore property for sale (a) to take evidence on oath; (b) to … Continue reading

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Disciplinary action – property for rent Singapore

Disciplinary action – property for rent Singapore 52.—(1) The Disciplinary Committee shall consider all reports of an inspector on any matter referred to it under this Part and shall, according to the circumstances of the case, determine that — Property for rent … Continue reading

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LTV limit & min cash down payment for private residential – house for sale Singapore

LTV limit & min cash down payment for private residential – house for sale Singapore The LTV limit & min cash down payment for private residential properties with bank loans are as follows: 

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Disciplinary Panel and Disciplinary Committee – Singapore property for rent

Disciplinary Panel and Disciplinary Committee – Singapore property for rent 51.—(1) The Council may, from time to time, appoint a Disciplinary Panel of not more than 20 members. Singapore property for rent. (2) The Council shall, from members of the Disciplinary Panel … Continue reading

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Complaints – Singapore property for sale

Complaints – Singapore property for sale 49.—(1) Any complaint of the conduct of a licensed estate agent or registered salesperson may in the first place be made to the Executive Director who shall refer the complaint to the Council. Singapore … Continue reading

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Investigation and enforcement powers of inspectors – Singapore property for rent

Investigation and enforcement powers of inspectors – Singapore property for rent 48.—(1) In addition to the powers conferred on him by this Act, an inspector who has reasonable grounds for believing that an offence under this Act has been committed may (a) … Continue reading

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Appointment of inspectors – Singapore property for sale

Appointment of inspectors – Singapore property for sale 45.—(1) The Council may appoint any of its officers or employees to be an inspector for the purposes of this Act. Singapore property for sale. (2) The Council shall furnish every inspector with … Continue reading

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Estate agency agreement required as regards certain proposals and undertakings – property for rent Singapore

Estate agency agreement required as regards certain proposals and undertakings – property for rent Singapore 44.—(1) Subject to subsection (4), where an estate agent proposes or undertakes (whether for a commission or other fee or not) to perform estate agency work for a client, … Continue reading

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Codes of practice, ethics and conduct – Singapore property for sale

Codes of practice, ethics and conduct – Singapore property for sale 42.—(1) The Council may prescribe or issue and publish one or more codes of practice, ethics and conduct under whatever name for estate agents or salespersons or for both estate agents … Continue reading

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Appointment of salespersons – Property for rent Singapore

Appointment of salespersons – Property for rent Singapore 39.—(1) An estate agent shall not appoint, associate with, employ or continue to employ as a salesperson any person who for the time being is not a registered salesperson. Property for rent Singapore. (2) … Continue reading

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Registered address – Singapore property for sale

Registered address – Singapore property for sale 37.—(1) Subject to subsection (5), every licensee shall have an address in Singapore to which all communications and all notices under this Act may be sent. Singapore property for sale. (2) The registered address shall … Continue reading

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Duration of licence and registration – Singapore property for sale

Duration of licence and registration – Singapore property for sale 35. Subject to the provisions of this Act — (a) an estate agent’s licence shall be for such period not exceeding 3 years as the Council may decide; and (b) the … Continue reading

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