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 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.
Notice of certain events – Singapore property for sale
43.—(1) Where a licensee ceases to be engaged in estate agency work, he shall, before the expiration of the period of 31 days beginning on the date of the cesser, notify the Council in writing thereof. Singapore property for sale.
(2) Where a licensed estate agent ceases to appoint, associate with or employ a person as a salesperson, the licensed estate agent shall, before the expiration of the period of 7 days (or such other period prescribed) notify the Council in a manner prescribed of the cesser.
(3) Where a company is a licensed estate agent and —
(a) a person is appointed as a director of the company; or
(b) a person ceases to be such a director,
the company shall, before the expiration of the period of 7 days (or such other period prescribed) beginning on the date of the appointment or, where appropriate, the cesser, notify the Council in a manner prescribed of the appointment or cesser.
(4) Where —
(a) a licensed estate agent —
(i) becomes a member of a partnership; or
(ii) ceases to be a member of a partnership; and
(b) the partnership does, or it is proposed that it will do, estate agency work,
the licensed estate agent shall, before the expiration of the period of 7 days (or such other period prescribed) beginning on the date of his so becoming or ceasing to be such a member, notify the Council in a manner prescribed thereof.
(5) In addition to notification of the matters contained in subsections (1), (2), (3) and (4), a notice for the purposes of any of those subsections shall contain such additional particulars (if any) as are prescribed for the time being for the purposes of this section which shall be verified in such manner as may be prescribed. Singapore property for sale.
(6) A licensee who fails to comply with subsection (1), (2), (3), (4) or (5) shall be guilty of an offence.
Source: Estate Agents Act (EAA)
Click here to search for Singapore property for sale.
