The board of valuers, appraisers and estate agents Malaysia
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CIRCULAR 5/99

To : ALL REGISTERED VALUERS, APPRAISERS, ESTATE AGENTS,

PROBATIONARY VALUERS AND PROBATIONARY ESTATE AGENTS

Date : 11 DECEMBER 1999

Dear Sir / Madam

MALAYSIAN ESTATE AGENCY STANDARDS – ERRATA

We refer to the Malaysian Estate Agency Standards and will appreciate if you could make the following amendments :

Definition

(i) Delete the term ‘and includes a probationary estate agent’ in the definition of ‘estate agent’

(ii) A new definition for ‘probationary estate agent’ to be added after the definition of ‘principal’ which reads as -

‘probationary estate agent’ means a person who is registered with the Board as a ‘probationary estate agent and is required to comply and observe all the standards.

Forms

(i) To substitute Form MEAS 2 item 4 to read as -

"a fee of Malaysian Ringgit ………………………equivalent to ……………. Month’s rent".

(ii) To substitute Form MEAS 3 item 6 to read as -

"This appointment is given to you in * my/our capacity as the prospective purchaser".

(iii) To substitute Form MEAS 4 item 6 to read as -

"this appointment is given to you in * my/our capacity as the prospective tenant".

(iv) To add in Forms MEAS 1 to MEAS 4, a new paragraph to read as -

" * I/We …………………………..(Registration Number of Estate Agent/ Registration Number of Firm) acknowledge and accept the above appointment".

Thank you.

Yours faithfully

LEMBAGA PENILAI, PENTAKSIR DAN EJEN HARTATANAH MALAYSIA
R MAHALETCHUMI

Registrar

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