BOVAEP Estate Agent TPC case studies
BOVAEP Estate Agent TPC · Put your knowledge to work in context.
The Estate Agent Test of Professional Competence (TPC) is the professional competence assessment administered under Malaysia's Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP). It is aimed at candidates who have completed the academic and practical requirements for registration as an estate agent and now need to demonstrate that they can apply the law and practice of estate agency to real transactions, not merely recall it. The BOVAEP Estate Agent TPC case studies are 5 cases and about 4,948 words.
1A Lapsed Negotiator Tag, an Undisclosed Conflict and a Contested Booking Deposit
Encik Rahman is the sole proprietor of a licensed estate agency in Petaling Jaya. He lists a 1,200 sq ft condominium at RM680,000 for Puan Lim under a 90-day sole agency at 3% commission.
995 words, about 5 min2A Leasehold Shop-Office Held Up by State Consent, a Contractor's Caveat and an Undischarged Charge
Syarikat Maju Sdn Bhd agrees to buy a three-storey shop-office in Ipoh for RM4.2 million. The land is a 99-year leasehold (state lease) expiring in 2043, registered in the name of the seller, a family-owned Sdn Bhd.
978 words, about 5 min3Market Value and Forced-Sale Value of a Single-Tenant Shop-Office Block for Bank Security
The subject is a four-storey shop-office block in Ipoh with 24,000 sq ft of net lettable area let to a single anchor tenant at RM2.20 per sq ft per month. The tenancy has two years to run, with no rent review before expiry, and market rent for comparable space is RM2.60 per sq ft per month.
971 words, about 5 min4A JMB Facing Arrears, a Short Sinking Fund, Leaking Podium Waterproofing and Overdue Governance
The Joint Management Body of a 480-unit mixed development in Selangor (360 apartments, 96 shop-lots and 24 offices) was formed 22 months ago. The service charge is RM0.28 per sq ft; 78% of owners pay, leaving arrears of RM312,000.
1,017 words, about 5 min5Residual Land Value and Planning Risk on a 5.2-Acre Agricultural Parcel
A developer is considering a 5.2-acre freehold agricultural parcel in a district where new terraced housing sells at about RM350 per sq ft. The site is flat, has frontage to an existing 20-foot asphalt road, and is served by an adjacent water main, but there is no sewer connection.
987 words, about 5 min