Salespersons to be registered – Singapore property for rent

Salespersons to be registered – Singapore property for rent

29.—(1) Subject to this Act —
(a) a person shall not be or act as a salesperson for any licensed estate agent, nor shall he hold himself out to the public as being a salesperson unless he is a registered salesperson;
(b) a person shall neither accept employment or an appointment as a salesperson from, nor act as a salesperson for, any other person who is required by this Act to hold, but is not the holder of, an estate agent’s licence. Singapore property for rent.

(2) Subsection (1) shall not be construed as —
(a) requiring any registered salesperson, by reason only of the fact that he does estate agency work solely as a salesperson, to hold an estate agent’s licence; or
(b) requiring any licensed estate agent to be registered as a salesperson.

(3) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 12 months or to both. Singapore property for rent.

(4) No fee, commission or reward in relation to anything done by a person in respect of an offence under this section shall be recoverable in any action, suit or matter by any person whomsoever. Singapore property for rent.

Eligibility of individuals to hold estate agent’s licence – Singapore property for rent

30. Subject to the provisions of this Act, an individual shall not be eligible to be granted or to hold or continue to hold an estate agent’s licence unless —
(a) he has attained the age of 21 years or such other age which is for the time being prescribed for the purposes of this section;
(b) he satisfies the Council that —
(i) he has such qualifications, passed such courses of instruction or examinations and has such practical experience as may be prescribed; or
(ii) he is otherwise qualified by having such training or practical experience as the Council may approve;
(c) he is not a salesperson of any other licensed estate agent;
(d) he does not hold and is not an employee, a director or a partner of a person who holds a moneylender’s licence;
(e) he complies with such other requirements as are prescribed for the time being which apply to him; and
(f) the Council otherwise considers him a fit and proper person to hold an estate agent’s licence.

Source: Estate Agents Act (EAA)

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