Valuers Appraisers Estate Agents And Property Managers Act 1981 Act 242

This act may be cited as the valuers appraisers and estate agents act 1981 and shall apply throughout malaysia.

Valuers appraisers estate agents and property managers act 1981 act 242. Kuala lumpur jan 11. The setup and operation of this board is governed by the provision of valuers appraisers estate agents and property managers act 1981. With the amendment to the valuers appraisers estate agents and property managers act 1981 that was passed on oct 17 2017 and gazetted jan 2 2018 property managers are now required to register themselves with the board of valuers appraisers estate agents and property managers bovaep. Unannotated statutes of malaysia principal acts valuers appraisers and estate agents act 1981 act 242 valuers appraisers and estate agents act 1981 act 242 2 interpretation.

Valuers appraisers and estate agents act 1981 act 242 by. Act 242 valuers appraisers and estate agents act 1981 an act to provide for the appointment of a director general of valuation and property services and for the registration of valuers appraisers and estate agents and for matters connected therewith. 2 every application shall be accompanied by the proposed letterhead of the firm and the processing fee prescribed in. This follows the inclusion of property managers into act 242 now known as the valuers appraisers estate agents and property managers act 1981 which was passed on oct 17 2017 and gazetted on jan 2 this year.

In addition jpph also provides information on sale rental of real estate to the person body corporate partnership firm pursuant to third schedule rule 3 valuers appraisers estate agents and property managers act 1981 act 242 and rules prior approval by the director general of valuation and property services. Its primary function is to regulate the valuers appraisers estate agents and property managers practising in malaysia. Rule 25b 1 every registered valuer appraiser or estate agent desirous of practicing valuation appraisal or estate agency under section 23 of the act shall apply to the registrar in form n in the second schedule.