MAC – OGOS 2021 REM 252/TEST 1

UNIVERSITI TEKNOLOGI MARA

TEST 1

COURSE : REAL ESTATE AGENCY PRACTICE II

COURSE CODE : REM252

INSTRUCTIONS TO CANDIDATES

1. Answer all the questions.

2. Write down:

NAME :

MATRIX NO : ________________________ GROUP: H / I / J

Q1 /25

Q2 /25

TOTAL SCORE
/50
MAC – OGOS 2021 REM 252/TEST 1

QUESTION 1

a) Define ‘counter offer’ in property transaction.

(5 marks)

b) Discuss the implications of the counter offer to the selling or buying process

(10 marks)

c) Describe the vendor’s and purchaser’s obligation in sale transaction.

(10 marks)

QUESTION 2

a) Mrs Aiza has agreed to purchase a semi detached house with a price of RM800,000 from
the Huayang Sdn Bhd. She paid for the booking fee is at 2.5% and 10% for the deposit.

i) Calculate the amount of booking fee and deposit that should paid by Mrs Aiza.

(5 marks)

ii) Calculate the balance of deposit and balance of purchase price that should be paid by
Mrs Aiza.
(5 marks)

b) Explain four (4) ways in binding a contract.

(10 marks)

c) Define the meaning of an option.

(5 marks)

END OF QUESTIONS PAPER