Valuers Appraisers Estate Agents And Property Managers Act 1981

Its primary function is to regulate the valuers appraisers estate agents and property managers practising in malaysia.

Valuers appraisers estate agents and property managers act 1981. With the amendment act the vaea will now be known as valuers appraisers estate. This act may be cited as the valuers appraisers and estate agents act 1981 and shall apply throughout malaysia. Act 242 valuers appraisers estate agents and property managers 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 estate agents and property managers and for matters connected therewith. The primary aim of the amendment act is to expand the scope of the vaea to expressly regulate property managers.

The setup and operation of this board is governed by the provision of valuers appraisers estate agents and property managers act 1981. 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. The board of valuers appraisers and estate agents malaysia was set up in 1981 under the purview of the ministry of finance malaysia. The valuers appraisers and estate agents amendment act 2017 amendment act which came into force on 2 january 2018 amended the valuers appraisers and estate agents act 1981 principal act by inserting among others a new part vb which relates to property managers.

Topography and location of the land. 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. The board of valuers appraisers estate agents and property managers was set up in 1981 under the purview of the ministry of finance malaysia. 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.

Commission based on level difficulties. The setup and operation of this board is governed by the provision of valuers appraisers and estate agents act 1981.