Interpretation of disciplinary panel – Singapore property for sale

Interpretation of disciplinary panel – Singapore property for sale

“Disciplinary Panel” means the panel appointed under section 51(1).
“disposition” means an act by a person whereby an interest he has in or over a property is affected, and “acquisition”, in relation to a property, shall be construed accordingly.
“estate agency agreement” means one or more written documents embodying the terms agreed for the time being between an estate agent and a client of such agent being terms
on and subject to which estate agency work is to be done by such agent for the client. Singapore property for sale.

“estate agency work”, subject to subsection (3), means any work done in the course of business for a client or any work done for or in expectation of any fee (whether or not in the course of business) for a client —
(a) being work done in relation to the introduction to the client of a third person who wishes to acquire or dispose of a property, or to the negotiation for the acquisition or
disposition of a property by the client; or
(b) being work done, after the introduction to the client of a third person who wishes to acquire or dispose of a property or the negotiation for the acquisition or disposition of a property by the client, in relation to the acquisition or disposition, as the case may be, of the property by the client. Singapore property for sale.

“estate agent”, subject to subsection (3), means a person who does estate agency work, whether or not he carries on that or any other business.
“estate agent’s licence” means a licence granted under section 33 and designated as being an estate agent’s licence. Singapore property for sale.
“Executive Director” means the Executive Director of the Council for the time being appointed under section 13 and any person acting as the Executive Director.
“inspector” means any person appointed under section 45.

Source: Estate Agents Act (EAA)

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