Category Archives: Singapore real estate agent

Safeguarding confidential information – Singapore real estate agent Estate Agent/Salesperson shall not disclose or otherwise use any confidential information of or relating to the client unless the disclosure or use is made with the consent of the client, or is otherwise … Continue reading →

Rent from property – Singapore real estate agent Rent received from the letting of property in Singapore is subject to income tax, while property is subject to property tax. Rental income includes rent of the premises, maintenance, furniture and fittings. After deductions for allowable … Continue reading →

Syariah law on inheritance and divorce – Singapore real estate agent In Singapore, the estate of a Muslim must be distributed in accordance with Islamic inheritance laws in the absence of will. Under Section 115(1) of the Administration of Muslim … Continue reading →

Functions and duties of board – Singapore real estate agent The functions and duties of the Board are as follows: Singapore real estate agent. (a) to prepare and execute proposals, plans and projects for – (i) the erection, conversion, improvement … Continue reading →

Standard of care – Singapore real estate agent The standard of care is that of a reasonable man standard. Breach of duty of care arises when a person fails to meet the standard of conduct expected of a reasonable man. 

What is an open contract? – Singapore real estate agent An open contract has terms that do not constitute the entire agreement between the contracting parties and whose clauses or provisions can be changed or modified without mutual consent.

Intention to be legally binding – Singapore real estate agent A contract is intended to be binding in law. Singapore real estate agent. In business agreements or commercial transactions, the general presumption is that parties intended to create legal binding and … Continue reading →

Flyers/ mailers – Singapore real estate agent Salespersons can design, print and distribute flyers/mailers to prompt the owners to contact them if they have an interest to sell. The flyers/mailers should be well designed to attract the attention of the … Continue reading →

Exclusive right of sale listing – Singapore real estate agent An exclusive right of sale agreement gives the estate agent the exclusive right to sell the property during the exclusive period. If it is sold by the owner or by … Continue reading →

Place – Singapore real estate agent Place represents the location where a product can be purchased. It is often referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet. In real … Continue reading →