Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Agent stated wrong price in Booking form

views
     
e-lite
post Nov 17 2020, 08:54 PM

On my way
****
Junior Member
692 posts

Joined: Oct 2006


Booking form signed by purchaser and agent alone is not valid. It needs to be signed by purchaser and seller/developer. If it is signed by all parties, then the booking form is valid and enforceable
e-lite
post Nov 19 2020, 11:11 PM

On my way
****
Junior Member
692 posts

Joined: Oct 2006


QUOTE(airtawarian @ Nov 19 2020, 10:12 PM)
You See the effect? When a Lay person do not know about the law, and they think this is Correct. Then alot of victims will fall For this. Perhaps innocent buyer should take legal action against person who misrepresented man on the street.
*
There is no need for these Kopitiam type of talk or shouting here. Yes, there is such thing as agent-principal. But in property transaction, the agent never signs on behalf of the seller/vendor/developer. He only signs as a witness for the purchaser's signature. So to test your brain skills on Contracts Act, you only have a one-sided offer which was not accepted yet. If the booking form is signed by all parties which is the buyer and seller, then yes the buyer is entitled to whatever is written in the booking form/offer/contract.

Next time, leave your Kopitiam talk at the Kopitiam
e-lite
post Nov 19 2020, 11:13 PM

On my way
****
Junior Member
692 posts

Joined: Oct 2006


QUOTE(YeohKW @ Nov 19 2020, 11:05 PM)
I'm not sure why you can simply say people do not know the law. Are you a lawyer?

For project sales, any agreement signed is between the Developer and the Purchaser. Agents are engaged to facilitate the sales and process. At most, agents are there to be the witness between the 2 parties. If the form is signed by a agent, only the agent is liable for any wrongdoings and not the developer. Of cos you can argue this at civil court by engaging a lawyer.
For developer, when they engage an agency to market their development, the appointed agency normally will have to sign the appointment letter which state all the terms and conditions and some developer even go to the extend of getting them to sign of ABC policy (Anti bribery and corruption policy).

I have been dealing with a public listed developer recently and I can assured you that a reputable developer would not let a 3rd party sales agent to sign on their offer letter with their purchaser.

I hope this clear any doubts. As a REN, I can easily give advise for public to simply sue a developer, but do you know how much time and money it would cost to do so? If it can be settled peacefully with the developer just by talking to them first, why not? If they are not willing to help, then only seek legal advise. No?

I am not trying to make any argument here but to explain in my best possible way. If i offended anyone here, I apologize in advance.
*
He thinks he know a bit of law and hence he is always right.
e-lite
post Nov 20 2020, 06:15 PM

On my way
****
Junior Member
692 posts

Joined: Oct 2006


QUOTE(airtawarian @ Nov 20 2020, 02:45 PM)
You have A lot to learn under the law. There are so many wrong/mistake advise in your comment. Do not mislead anyone. I advise you don’t comment until you get professional legal advise. Ppl like you are endangering others.
*
Thank you for showing that you have no substance and cannot engage in meaningful discussion

 

Change to:
| Lo-Fi Version
0.0180sec    4.36    6 queries    GZIP Disabled
Time is now: 5th December 2025 - 01:09 PM