PART 2 OF RES MCQ ANSWERS ONLY

SUGGESTED ANSWERS FOR PART 2

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MAY 2013
estate
legal description
communicated
industrial
share value
State
promotion
approved usage
research
Continuing Professional Development]
real estate salesperson pass
[b] 24 Jan 2015
[b] Yes, there is nothing adverse against him and he is not a bankrupt
[b] Yes, if Grace consents to him being her representative
[c] At the point of submitting the resale application
[SPR not eligible to borrow from HDB]
[b] $20,000
[b] 2
[d] No, salespersons are required to convey every single offer to the principal, even if the price
offer is below the expectation of the customer
[d] At all times before, during and after the deal is closed
[b] Market segment
[b] floor loading capacity
[a] 50sqm
[b] Someone who buy a Condo
[b] Singapore citizen family after living in their HDB flat for 5 years
[b] Reasonable price, Reputable agents, viewing by invitation
[b] (i) and (ii) only
[a] To pluck overhanging apples from Gordons tree
[b] Licence granted by Jane cannot be passed to bind Iris
[a] 9,999-year estate
[a] Land acquisition by state
[c] (ii) and (iv)
[d] Single-user industrial building
[a] $0
[d] All of the above
[b] Low interest rate
[a] To hedge against inflation
[b] (i) and (ii)
[a] No, the agent did not make a statement of fact which was relied upon by an innocent party
[a] Divorce
[a] 1%
[c] 7%
[b] Foreigner with S pass
[a] Yes, for professional misrepresentation
[d] Tenancy in common
[c] Yes, because of privacy and personal security
[d] No, nobody can lodge caveats in this case because there wasnt any binding contract created
[b] As the property has not been legally transferred to Candice, her estate will not include her
share of the flat
[c] If both the items are fittings Brian and his brother can negotiate freely on the splitting the
costs

PART 2 OF RES MCQ ANSWERS ONLY

1200 [c] No, the contract can be made voidable

1201 [d] Law Society of Singapores Conditions of Sale 2012
1202 [c] If he is a Singaporean, and has signed an option to purchase his new home before he sells
his share to Alan, he pays 7% ABSD

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November 2014
[b] 2 years
[d] high capital gain
[b] 150 sqm, 80 sqm, 80 sqm
[c] D09
[c] 8
[c] difference in value between the proposed development and the approved development
[b] Inform Mr. Tan of all the offers including those that are not accompanied by any commitment
cheques
[b] John is responsible as he must dutifully follow the instruction of Mr. Tan
[a] Actual authority
[c] Yes, even though John acted beyond the scope of his authority, Mr. Tan is still liable as Mary
did not know the scope of Johns authority
[a] Inform Mr. Tan of all interests shown by all prospective buyers
[d] Plot ratio, zoning, road and drainage schemes, any other public uses
[a] He has to display his estate agent card at all times
[c] no record of customer complaints
[a] Register with a real estate agency
[d] i, ii and iii
[b] Seller can opt to void the contract for the breach but may allow buyer more time to fulfill his
contractual obligations
[a] Mediation, then arbitration if dispute not resolved
[c] Defects in general, state of repairs, fixtures and fitting, number of rooms etc.
[a] No, he cannot offer any form of gifts as it is not in line with rising the professional standard of
the industry
[d] Landowners are subjected to implied easements for passage of water, electricity, drainage
etc. for all housing developments
[c] Legal interest as Mr. Tan is the land proprietor; and legal interest for the bank as it holds a
charge against title
[b] a trustee
[d] John needs to follow the instructions given in the trust document, e.g. was there an intention
for the trust property to be sold
[b] 1/3
[c] If the three parties are joint tenants, the survivors will continue to be joint tenants despite the
instruction of a will to severe the joint tenancy into share holding
Section C
Three
Minor / bankrupt
Joint tenancy
Urban Redevelopment Authority (URA)
[a] Geographic segmentation
[c] Promotion
[b] Evaluation Stage and bring Mr. Tan to see the property he wants
[a] Yes, but he has to ask Mr. Tan to provide factual evidence so as to back up the claim
[c] Yes, and he can tell buyers it is surrounded with amenities in the advertisement
[d] Mr. Tan can display one banner at his own property without any approval from the authorities
[b] His aunty and uncle who he has not met for 5 years
[d] All interested buyers must submit their offer price written in a piece of paper and hand it over
to the real estate salesperson marketing the property by noon the following day
[c] For this couple, the remaining lease must be at least 40 years because of Davids age
[b] They are not eligible to use their CPF savings to purchase a private property with a remaining

PART 2 OF RES MCQ ANSWERS ONLY

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lease of less than 60

[a] Print advertisement
[b] Air-con ledge inside the house
[d] Singapore Land Authority
[c] unique and has limited supply
[a] B1 facilities
[a] Amenities
[d] [i], [ii], [iv], [iii], [vi], [v], [vii]
[b] Attention to attract the attention of prospective buyers
[c] Mary is allowed to assign the OTP in a private property transaction provided the seller gives
his consent
[a] All their CPF money in the Ordinary Account, including those that are coming back from their
first flat
[c] The OA can size the gift to satisfy creditors claims
[d] All of the above
[d] Do not sell the property until they have obtain the court order
[c] She can rent the rooms to 8 occupants
[c] 9 occupants
[a] Salesperson can distribute flyers at the street but they are not allowed to stop the passers-by
balloting exercise
Singapore Land Authority (SLA)
14
Land Dealings (Approval) Unit
80%
Building Maintenance and Strata Management Act
caveat
Public Scheme / Fianc/Fiance Scheme / Citizen Single Scheme / Citizen Joint Single Scheme
/ Foreign Family Scheme / Foreign Spouse Scheme etc
August 2015
[b] (i), (iii) and (iv)
[c] Common property defined under the Land Titles (Strata) Act
[b] fee simple is the highest form of freehold the title holder owns the right over land forever
[b] Subsidiary strata certificate of title
[c] Get both Davids and Katies approval and get them to sign the agreement to reflect the new
commencement date
[c] (i) and (iv)
[d] (ii) and (iv)
[c] (i) and (iv)
[b] (ii), (iii) and (iv)
[b] John
[a] Yes, as long as both the seller and buyer agree on which fixture(s) is/are not for sale for the
contract was formed
[b] Yes, letting rooms still entitled to owner-occupier concessionary rate

Sam Gian Notes: for answer (a), not leaving the house vacant can mean letting it out which would
attract non-occupier rate.