OrangeTee

Synopsis

An update to the previous versions of Law Society's Condition of sale 1999 and 2012, this course will allow the participants to fully understand the terms and conditions being covered within the Law Society's Condition of Sale 2020 in order to improve their understanding and facilitate their work when utilising contracts and agreements such as Options to purchase and Sale and Purchase Agreements

Learning Outcomes

1. The rules and mechanics of making payment of money to the Conveyancing Account;
2. Inspection of document of title by the Purchaser;
3. The course of action to be taken in the event of dishonoured payment.
4. State and Condition of Property to be delivered by Vendor on delivery of property upon legal completion;
5. How to apportion property tax liability and other outgoing expenses as well as incoming income of the subject property upon Legal Completion.
6. Provisions on payment of Property Tax, Goods and Services Tax and Withholding tax;
7. Provisions on payment of Buyer’s Stamp Duty and Seller’s Stamp Duty;
8. Provisions on computation and payment of Late Completion Interest for the late completion of the deal.
9. Vendor’s Representation and Warranties to the Purchaser that the Vendor has not carried out any unauthorized additions or alterations to the Property and that he has not done any sale at an under-value sale on the property in question;
10. Effect of misdescription of Property on the transaction;
11. Compliance by Vendor on the demands made by Local or Statutory Authorities before Legal Completion;
12. Passing of risk of property to the purchaser;
13. Provisions of delivery of a Conveyance of the Property to the Purchaser on full payment;
14. Provisions on the giving of a Notice to Complete by either party;
15. Resolving disputes through Mediation; and
16. Effect of Special Conditions on the relevant Opti0n To Purchase and Sale and Purchase Agreement.

Certification

A Certificate of Attendance and 2 Professional Competencies CPD credits will be awarded to participants upon completion of the course.

Training Venue

This training course will be done via Online Classroom (Zoom).

Trainers

Harry is a real estate practitioner and trainer. He has a total of 41 years of work experience, with 19 years of teaching experience in real estate courses. Prior to joining the real estate agency industry, he has held senior executive positions at various financial institutions in Singapore, Malaysia and New Zealand. Harry started his teaching career in 1996 by preparing students for the CEHA. To-date, he has taught thousands of students who have successfully passed the various real estate examinations. Harry holds a Master of Business Administration degree from Oklahoma City University of U.S.A., a Certificate-in-CEHA, Certificate-in-REA, Certificate-in-RES and Certificate in Conveyancing Law from SIM University. He is also a fully-qualified ACTA certified-trainer for WDA’s Singapore Workforce Skills Qualification (WSQ) training programme.

Tel	: (65) 6471 8888
Email	: [email protected]
Website	: www.orangetee.com
Operating Hours	: 9:00am - 6:00pm

Available on

iOS and Android

Access to all information seamlessly on mobile,
exclusively for OrangeTee & Tie agents.

Available on

iOS and Android

Access to all information seamlessly on mobile, exclusively for OrangeTee & Tie agents.

Access to all information seamlessly on mobile,
exclusively for OrangeTee & Tie agents.