Real Estate Agency and Marketing Practice Quiz
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the typical deposit amount paid by a purchaser in Malaysia?
15% of the purchase price
10% of the purchase price
5% of the purchase price
20% of the purchase price
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the main legislation governing the sale and purchase of real estate in Malaysia?
Contracts Act 1950
National Land Code, 1965
Stamp Act 1949
Real Property Gains Tax Act 1976
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which act governs the sale and purchase of property under construction from a developer?
Strata Titles (Amendment) Act 2013
Contracts Act 1950
National Land Code, 1965
Housing Development (Control and Licensing) Act, 1966
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of lodging a private caveat?
To pay the stamp duty
To register the property
To protect the purchaser's interest
To finalize the sale
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sale and Purchase Agreement is in ________ stage
Introduction stage
Post-contract stage
Contract stage
Registration stage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key responsibility of the solicitor during the contract stage?
Prepare the property for sale
Conduct title search
Negotiate the price
Market the property
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary objective of a tenancy agreement?
To transfer ownership
To outline rental terms
To secure a loan
To sell the property
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