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The Freshman

Table of Content 1-2
Foreword
Preface : A Lesson Well-learned Trains an Alert Mind
1. Only a licensed estate agent or salesperson may perform estate agency work
2. Doubt on title? Enquiry must follow
3. To carry out agency work on the internet, one must be licensed and abide by the Regulations
4. Property with negative equity: buyers beware
5. In a mortgagee sale, the purchaser should pay attention to additional clauses in the agreement
6. Do not sign any agreement for an HOS flat unless all proper documents are available
7. The age of a flat may affect its financing: the prospective buyer should obtain accurate information as early as possible
8. Standard agreements with prescribed clauses give a high degree of protection
9. Bank consent should be obtained in renting a mortgaged flat
10. Withholding information is unacceptable
11. A little note on co-owned properties
12. Walls are not to be demolished arbitrarily
13. Full authorization needed when documents are executed by a limited company
14. Agent should disclose interest to secure public confidence
15. To safeguard your interests, leave no blank spaces in contract
16. It is unacceptable to coax the client into signing an agreement
17. Contract-hopping for more profit may not lead to any gain
18. The temptation of a "trial deposit"
19. A provisional agreement is binding only after the parties have executed it
20. The agent's commission should be specified in writing to avoid subsequent disputes
21. A moment's carelessness leads to heavy losses
22. Think twice on exclusive agency
23. Inspection should be detailed and complete
24. Flat owners are bound by the Deed of Mutual Covenant
25. Although property not listed, prospective purchasers nonetheless appear 
 
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