Paper 2

Case Study

Kevin Chan and Lily Yeo, a couple planning to get married, are looking to purchase their first home in Singapore.
They have been exploring various options and are particularly interested in a resale HDB flat.
They approach Adrian Tan, a property agent from Prime Realty Pte Ltd, for assistance.
Adrian advises them on the eligibility criteria and the various grants available for first-time homebuyers.
During the process, Adrian also informs them about the importance of understanding the regulations and duties of estate agents in Singapore.
Kevin and Lily are keen to ensure that they comply with all necessary regulations and make informed decisions throughout their home-buying journey.

Question 1

What is the maximum validity period for an exclusive agency agreement in Singapore?

Mcq Answers