The board of valuers, appraisers and estate agents Malaysia
w

CIRCULAR 3/2002

Date : 14 May 2002

TO : ALL REGISTERED ESTATE AGENTS IN PENANG AND JOHORE

Dear Sir/Madam

Charging And Accepting Fees Below The Prescribed Scale Fees

The Board observes with disquiet the current trend amongst registered estate agents charging and accepting professional fees for estate agency transactions below the prescribed scale fees.

All registrants in Penang and Johore are reminded that the promulgated scale fees as per the Seventh Schedule shall be complied with piously.

The Board wishes to warn all registered estate agents that severe disciplinary action shall be taken against any registered estate agent who is found to have charged or accepted professional fees below that of the scale fees.

Yours faithfully

LEMBAGA PENILAI, PENTAKSIR DAN EJEN HARTATANAH MALAYSIA
R.MAHALETCHUMI

Registrar

1