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 to which this Act applies as may be specified in the requisition. Singapore property for rent. Continue reading
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 public servant within the meaning of the Penal Code (Cap. 224). Singapore property for rent. Continue reading
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 potential conflict of interests with his duties or interests as a member of the Appeals Board arising from — Continue reading
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 rent.
(2) Every appeal under subsection (1) shall be lodged within such time, and in such form and manner as may be provided by rules made under section 62. Continue reading
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 under this Act, the Appeals Board shall have the following powers:
(a) to take evidence on oath;
(b) to summon any person to attend any hearing of the Appeals Board to give evidence or produce any document or other article in his possession, except that no person shall be
bound to answer any question or produce any document or other article in respect of any matter which would have been protected from disclosure on the ground of privilege if the
proceedings had been held in any court; Continue reading
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 rent.
(2) An estate agent whose licence is suspended shall, while the suspension remains in force, be deemed to be a person who does not hold an estate agent’s licence. Continue reading
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
(2) The Council may suspend or revoke the registration of a salesperson at any time — Continue reading
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 any time. Singapore property for rent.
(2) The Council may suspend or revoke an estate agent’s licence—
Continue reading
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 summon any person to attend any hearing of the Disciplinary Committee to give evidence or produce any document or other article in his possession, except that no
person shall be bound to answer any question or produce any document or other article in respect of any matter which would have been protected from disclosure on the ground of
privilege if the proceedings had been held in any court; and Continue reading
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 Singapore.
(a) there is no sufficient cause for disciplinary action against the person under investigation; Continue reading
The LTV limit & min cash down payment for private residential properties with bank loans are as follows: Continue reading
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 who are also members of the Council, appoint a Head of the Disciplinary Panel. Continue reading
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 property for sale.
(2) The Executive Director may on his own motion refer any information concerning the conduct of a licensee or salesperson to the Council. Continue reading
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) at reasonable hours, enter any premises or part thereof (whether or not in the possession or control of a licensed estate agent) when he has reasonable cause to believe that evidence of the commission of an offence under this Act can be found therein, and search for and seize and remove any book, document, material or article or any machine or
equipment containing any book, document, material or article, or make copies thereof as he may consider necessary; Singapore property for rent. Continue reading
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 an identification card that identifies him as an inspector.
(3) Every inspector shall, when exercising any power under this Act, on demand produce his identification card to the person affected by the exercise of that power. Continue reading
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, whether as regards a particular property or not, a right or other cause of action whereby agreed sums, damages or any other relief or remedy may be recovered or obtained in legal proceedings as regards the proposal or undertaking shall lie at the suit of the estate agent if, and only if — Continue reading
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 and salespersons. Singapore property for sale.
(2) A failure to observe a provision of any code that is prescribed or issued and published under subsection (1) may render the estate agent, the salesperson or both the estate agent and salesperson liable to disciplinary action. Continue reading
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) 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 and, in the case of a continuing offence, to a further fine not exceeding $2,500 for every day or part thereof during which the offence continues after conviction for each salesperson appointed, associated or employed in contravention of subsection (1), as the case may be. Continue reading
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 be stated in every application for the grant or renewal of a licence. Continue reading
