33.—(1) An application for or to renew an estate agent’s licence shall be made to the Council in such form and manner and with such information or evidence as the Council may require, and shall be accompanied by the prescribed fee. Property for rent Singapore. Continue reading
31. Subject to the provisions of this Act, no person (other than an individual) shall be eligible to be granted or to hold or continue to hold an estate agent’s licence unless —
(a) the person has a key executive officer who satisfies the requirements of this Act; Continue reading
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;
and Continue reading
23.—(1) The Council shall open and maintain one or more accounts with such bank or banks as the Council thinks fit. Singapore property for rent.
(2) Every such account shall be operated by such person as may, from time to time, be authorised in that behalf by the Council. Continue reading
19.—(1) Subject to subsection (2), all moneys recovered by the Council, and fees and charges collected under this Act shall be paid into and form part of the moneys of the Council. Singapore property for sale.
(2) All composition sums and financial penalties collected under this Act shall be paid into the Consolidated Fund. Continue reading
15.—(1) No suit or other legal proceedings shall lie personally against any member, officer, employee or committee member of the Council or other person acting under the direction of the Council for anything which is done or omitted to be done in good faith in the
execution or purported execution of this Act. Property for sale Singapore. Continue reading
13.—(1) The Council shall, with the approval of the Minister, appoint an Executive Director on such terms and conditions as the Council may determine. Property for rent Singapore.
(2) The Executive Director shall —
(a) be responsible to the Council for the proper administration and management of the functions, duties and affairs of the Council in accordance with the policy laid down by the
Council; and
(b) not be removed from office without the consent of the Minister. Continue reading
11.—(1) The Minister may give to the Council such directions, not inconsistent with the provisions of this Act, as to the performance of its functions, the discharge of its duties and the exercise of its powers under this Act or any other written law as the Minister may consider necessary, and the Council shall give effect to all such directions. Property for sale Singapore. Continue reading
9.—(1) Subject to the provisions of this Act, the functions and duties of the Council shall be
(a) to administer the licensing and registration regimes under this Act;
(b) to regulate and control the practice of estate agents and salespersons;
(c) to promote integrity and competence amongst estate agents and salespersons and to maintain or enhance their status; Continue reading
6. There is hereby established a body to be known as the Council for Estate Agencies which shall be a body corporate with perpetual succession and shall, by that name, be capable of
(a) suing and being sued;
(b) acquiring, owning, holding and developing or disposing of property, both movable and immovable; and
(c) doing and suffering such other acts or things as bodies corporate may lawfully do and suffer. Property for sale Singapore. Continue reading
(2) For the purposes of subsection (1) — Property for sale Singapore.
(a) a reference to a property within the meaning of this section shall include a reference to a property which comprises a specified number of undivided shares in any area of land
situated in Singapore together with a right to the exclusive possession of a unit or other interest in a development of that area of land where — Continue reading
4.—(1) This Act does not apply to anything done — Property for rent Singapore.
(a) by an executor, administrator, trustee, liquidator, receiver, trustee or assignee of a bankrupt for the purposes of or in connection with the performance of his functions as such; Continue reading
(2) For the purposes of this Act, a person is not a “fit and proper person” if the Council, after considering any relevant facts or matters, is of the view that he is not such a person, and unless the Council otherwise determines — Singapore property for sale. Continue reading
“key executive officer” means the person who is required to be appointed by an estate agent under section 38.
“lease” includes a sub‑lease, tenancy and sub‑tenancy and an agreement for a lease where a party to the agreement is entitled to have a lease granted.
“licence” means an estate agent’s licence, and includes a provisional licence, and “licensee” shall be construed accordingly. Continue reading
“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. Continue reading
1. This Act may be cited as the Estate Agents Act. Singapore property for rent.
2. This Act applies to estate agency work in respect of property situated in Singapore and outside Singapore. Continue reading
The Respondent represented the buyers of the seller’s former HDB flat (‘former flat’).
The seller needed to rent a HDB flat for her family to stay before they could move
into their new HDB flat. The Respondent sought to lease a HDB flat (‘the Property’)
to the seller during such transition period. Property for sale Singapore. Continue reading
The sellers of a HDB flat engaged the Respondent on an exclusive basis to sell their
flat (‘Flat’). Singapore property for rent.
The Respondent was a mentor to his downline and roped in his downline to assist in
the marketing and advertisement of the Flat. The Flat was advertised on a ‘Buyer
only’ basis. The advertisements wrongly stated the block number as ‘260D’ when it
should have been ‘260B’. Continue reading
a) A member is not allowed to use his CPF savings to pay directly for the land cost and the construction costs of the house. He would have to use his own funds and/or a loan to meet the said payments first. Property for sale Singapore. Continue reading
a) In the event that a member passes away after his application to use his CPF for the flat is accepted by the Board, but before the payment is released from his account, no payment will be released from his account for the purchase or payment of the flat or housing loan. Property for sale Singapore. Continue reading
