Ministry of National Development
URA Urban Redevelopment Authority
Pre-approved Amendments To The Option To Purchase & The Sale And Purchase Agreement For Non-Residential Units
ESTATE AGENTS ACT
(CHAPTER 95A)
(Original Enactment: Act 25 of 2010)
REVISED EDITION 2011
(31st December 2011)
ESTATE AGENCY WORK REGULATIONS 2010
No. S 644
ARRANGEMENT OF REGULATIONS
THIRD SCHEDULE Estate Agents Act 2010
PRESCRIBED ESTATE AGENCY AGREEMENT Form 1 to 4 Form 5 to 8 ( Exclusive Agreements )
Regulation 10
FORM 1 Estate Agency Agreement for the Sale of Residential Property
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
FORM 2 Estate Agency Agreement for the Purchase of Residential Property
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
FORM 3 Estate Agency Agreement for the Lease of Residential Property by a Landlord
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
FORM 5 Exclusive Estate Agency Agreement for the Sale of Residential Property
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
SCHEDULE 1 EXPLANATORY NOTES
SCHEDULE 2 DUTIES OF ESTATE AGENT
Practical Guildlines for the use of Form 1 to Form 8
Page 1 / 2011
Page 2 / 2011
https://www.cea.gov.sg/cea/content/aboutus/overview.html
Some Notes and Highlights in Estate Agents Act
CEA documents ( 3rd Schedule )
(the 8 forms, Prescribed Estate Agency Agreement )
are requested by
Singapore
government statutory board, CEA,
under the Ministry of National Development,
for all Estate Agents in
Singapore
to procure Signatures
from their respective clients
when agents are handling
their Properties in Singapore
for Seller / Landlord /
Buyer / Tenant
The parliament has passed
thru the Act since 2010 Oct.
[ refer to ESTATE AGENTS
ACT 2010, THIRD SCHEDULE ]
Full Details please refer
to
Estate Agents Act 2010
(ACT 25 of 2010)
Estate Agentcy Work
Regulations 2010 )
as 3rd attachment above.
SOME NOTES HIGHLIGHTED
AND SUMMARY WITH THE FOLLOWING POINTS
PART III , 7. No
holding of transaction monies ...
PART IV 10. PRESCRIBED
Estate agency Agreements 10.(1), ...
Page 11 FIRST SCHEDULE
Duty to clients in relation to signing of documents 8 (1) ...
Page 12 Obligations in
respect of agreements 9(1) ,
9(2) Estate agents and
salespersons shall also comply with the following requirements;
(a) they must procure signatures of all joint vendors / landlords for the sale or lease of property ...
Page 14 FIRST SCHEDULE - continued
13(3) the estate agent or salesperson, ... ... must disclose in advance, and in writing, both the fact and quantum of such fee, reward, commission , rebate or other payment.
Page 18 SECOND SCHEDULE - continued
Page 18 SECOND SCHEDULE - continued
Retention of documents
and records
7(1) For the purposes of the Act, an estate agent shall retain
the originals ... ... at least 3 years;
(c) all estate agency agreements;
(d) all documents relating to property transactions, including ...
... Lease agreements, LOI ... ...
and all the eight prescribed
forms are in THIRD SCHEDULE.
In THIRD SCHEDULE, Page 4
Point 12,
Note: The printed terms
prescribed in this form of Agreement cannot be deleted or varied.
For full details, please refer to CEA.gov.sg
____________________________________
____________________________________
FOR THE FORMATION OF ESTATE AGENCIES AND REGISTRATION OF SALESPERSON
FOR THE CODE OF ETHIC AND CODE OF PRACTICER AND WORK REGULATIONS
PART III
REGULATION OF AGENCY WORK
PART IV
THIRD SCHEDULE Prescribed Estate Agency Agreements Regulation 10
Section 44 of the Act : the 8 forms in Third Schedule.
FOR THE FORMATION OF ESTATE AGENCIES AND REGISTRATION OF SALESPERSON
THE STATUTES OF THE REPUBLIC OF SINGAPORE
ESTATE AGENTS ACT
(CHAPTER 95A)
Revised Edition 2011 (31st December 2011)
PART III
LICENSING OF ESTATE AGENTS AND REGISTRATION OF SALESPERSON
Section 28. ---- (1) Subject to this Act, no person shall ... ... work as an estate agent; , act as an estate agent; or ... ... whether or not for payment or other remuneration ( whether monetary or otherwise ) , undertake as an estate agent, unless he is a licensed estate agent. FINE S$75,000/= or impresonment not exceeding 3 years, and S$not exceeding S$7,500/= per day for continuing offence. No fee, commission or reward ... ... shall be recoverable in any action. ... ...
Eligibility of individuals to hold estate agent's licence
Section 30. Subject to this act ... ...
PART IV
DUTIES AND LIABILITY
Section 44. ---(1)
Estate Agency Agreement require as regards certain proposals and undertakings
Section 44. --- (1) Subject to subsection (4) ... ... prescribed estate agency agreement ( this refer to the 8 forms in 3rd schedule )
FOR THE CODE OF ETHIC AND CODE OF PRACTICER AND WORK REGULATIONS
S644/2010
==================================================================
First published in the Government Gazettte, Electronic Edition on 29th October 2010 at 5:00 pm
ESTATE AGENTS ACT 2010
(ACT 25 of 2010)
ESTATE AGENTS
(ESTATE AGENCY WORK)
REGULATIONS 2010
PART II
FIRST SCHEDULE Code of Ethics and Professional Client Care Regulation 3
SECOND SCHEDULE Code of Practice for Estate Agents Regulationi 4
==================================================================
First published in the Government Gazettte, Electronic Edition on 29th October 2010 at 5:00 pm
ESTATE AGENTS ACT 2010
(ACT 25 of 2010)
ESTATE AGENTS
(ESTATE AGENCY WORK)
REGULATIONS 2010
PART II
FIRST SCHEDULE Code of Ethics and Professional Client Care Regulation 3
SECOND SCHEDULE Code of Practice for Estate Agents Regulationi 4
PART III
REGULATION OF AGENCY WORK
PART IV
THIRD SCHEDULE Prescribed Estate Agency Agreements Regulation 10
Section 44 of the Act : the 8 forms in Third Schedule.
