Valuers Appraisers And Estate Agents Rules 1986
Part i preliminary interpretation.
Valuers appraisers and estate agents rules 1986. 6 february 1981 be it enacted by the yang di pertuan agong with the advice and. This the government wanted to regulate estate agents as the growth of brokers was on the rise. Minister may make rules p art iii board of valuers appraisers estate agents and property managers 9. Functions of the board 10a.
B to approve or reject applications for registration under this act or to approve any such application subject to such conditions and restrictions as it may deem fit to impose. The setup and operation of this board is governed by the provision of valuers appraisers estate agents and property managers act 1981. With references to valuers appraisers and estate agents rules 1986. Valuers appraisers and estate agents rules 1986.
In 1986 the rules was passed by the minister and the real estate profession came into existence. The board of valuers appraisers estate agents and property managers was set up in 1981 under the purview of the ministry of finance malaysia. Management and administration of client s account client s money. Examiners and other.
In 1981 the government passed in parliament act 242 the valuers appraisers and estate agents act aimed at registering real estate agents in malaysia. Valuers appraisers and estate agents ru les of 1986 19 pages the valuers appraisers and estate agents rules of 1986 consist of parts i x vi and 147 rules. 1 examination practical training ruling of estate agent 2. You are required to discuss within the classmates approximately 15 minutes inclusive q n a session regarding this topics.
Valuers appraisers and estate agents rules 1986 in exercise of the powers conferred by section 32 of the valuers appraisers estate agents act 1981 the board of valuers appraisers and estate agents with the approval of the minister makes the following rules. 4 laws of malaysia act 242 section 10. Valuers appraisers and estate agents amendment rules 2000. Firms of the valuers appraisers and estate agents are required to be registered under section 23 of the valuers appraisers and estate agents 1981.
The functions of the board shall be a to keep and maintain a register of valuers appraisers and estate agents a register of probationary valuers probationary estate agents and a register of firms. Valuers appraisers and estate agents. Board of valuers appraisers estate agents and property managers. Valuation and property services rules 1999.