...Identify legal and ethical requirements of property management to complete agency work CPPDSM4007A Assignment 2 STUDENT NAME OTEN NUMBER Please read the “Guide to completing and submitting assignments” before you begin this assignment. What you need to do To successfully complete this assignment you must answer the following questions to demonstrate your knowledge. The assignment will be granted a result of “Competent” if the learning outcomes are achieved or “not yet competent” if not. If a result of “Not Yet Competent” is achieved you will be given the opportunity to resubmit your assignment. Your Task This task is designed for you to demonstrate your understanding of the core legal and ethical requirements associated with property management. This includes awareness of the legislation dealing with the leasing and management of property, the role and responsibility of agency personnel in property management, the recording of property management transactions and the completion of property management documentation. Part 1 – Knowledge assessment |No. |Question and answer | | |Q. 1 |List five (5) duties of a property manager describing each in detail. | | | | ...
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...ISLAMIC BANKING MANAGEMENT TABLE OF CONTENTS BIL 1.0 2.0 CONTENT Islamic Contracts in Islamic Bank INTRODUCTION OF THE SELECTED BANK 2.1 2.2 2.3 Background of Affin Bank Berhad Background of Islamic Affin Bank Berhad Background of RHB Islamic Bank Berhad PAGE 2 5 5 6 7 8 8 12 15 17 18 47 3.0 LOAN AND FINANCING SERVICES 3.1 3.2 Affin Bank Berhad Services Affin Islamic Bank Berhad Services 3.2.1 3.2.2 3.3 Trade Financings Contracts Financing RHB Islamic Bank Services 4.0 Comparison of Products between Conventional Bank and Islamic Bank 4.1 Affin Bank Berhad and Affin Islamic Bank Berhad 19 20 5.0 References Page | 0 BWBS3043 ISLAMIC BANKING MANAGEMENT 1.0 ISLAMIC CONTRACTS IN ISLAMIC BANK Definition It involves a contract between the seller and its buyer for the sale of goods at a price that includes an agreed profit margin, either a lump sum or percentage of the purchase price. The seller will purchase the goods that requested by buyer and will sell them to buyer with a mark-up. Contracts Murabahah (cost-plus financing) Mudharabah (profit sharing) Contract with one party providing 100 per cent of the capital (Rabb al-Mal) and the one party (the mudharib) providing its expertise to invest the capital and manage the investment project. Profits generated are distributed according to a pre-determined ratio, but it like the capital itself that cannot be guaranteed. The provider of capital was the losses, who have no control over the management of the project. Musharakah...
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...11:51 FAX 7034555420 UNITED AMERICAN REALTY El001/010 *"M- it-" 'c Co DEED OF LEASE This RESIDENTIAL DEED OF LEASE ("Lease") is made on 10-27-2009 , by and between ASEELA ASHRAF (Landlord") and PATRICIA MCCLUNG CHELSEA MCCLUNG ("Tenant") who, among other things, hereby acknowledge, by their initials and signatures below that in ihis real estate leasing transaction, UNITED AMERICAN REALTY ("Listing Company") represents the Landlord, and_/A ("Leasing Company") represents D the Landlord OR ^0 the Tenant. (If the brokerage irm is acting as a dual representative for both Landlord and Tenant, with or without designated representatives, then the appropriate disclosure form is attached lo and made a part of this Lease.) In consideration of (he mutual promises and covenanls set forth below, and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows: 1, PREMISES. The Landlord leases to the Tenant and the Tenant leases from the Landlord, the residence and all improvements (to include all ixtures, appliances, equipment and systems; the "Premises") descibed as follows: Street Address: 13195 ASHNUTLN HERNDON Virginia, Zip Code 20171 , Subdivision MCNAIR FARMS LAND , Parking Space # , County/City FAIRFAX , and if applicable, Mail Box # 131 If the Premises are a Condominium, Unit # , Condominium: , Storage Bin # 2. LEASE TERM. The Term ("Lease Term") will begin...
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...called the Lessees (which expression shall mean and include its successors, assigns, nominees, officers and legal representatives) of the other part. And Whereas the Lessor owns and is in possession of the Apartment 3B, of Plot no.37, Raod no. 123, Gulshan Residential Area, Dhaka, next to Gulshan Lake. And Whereas the Lessee has applied to the Lessor for the lease of Furniture, Fitting and Fixtures of the same apartment for residential accommodation. Lessor agreed to grant the lease of those items fully described in the Schedule referred as the List of Furniture, Fitting and Fixture. Now it is hereby agreed between the parties hereto as follows: 1. In consideration of the rent hereinafter referred to and other conditions herein contained, the Lessor agrees to let and the Lessee agrees to take on lease the same apartment on monthly rental basis from 15 August 2004 for a period of three years expiring on 14 August 2007. 2. The Lease may be extended under such terms and conditions and may be renewed for such period as may be agreed between the parties. Either party with three months prior notice may terminate this agreement only after the first year of tenancy. 3. Either party may ask to vacate the premise before the expiry of agreement. A notice to that effect to be given to the other party three months in advance for such early...
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...Running Head: T&W Building Co v. Merrillville Sport & Fitness Inc. T&W Building Co v. Merrillville Sport & Fitness Inc. Keller Graduate School of Management Professor: James Keenan Business Law: Strategic Considerations for Managers & Owners April 2013 Parties T&W Building Company, the landlord, the defendant in the case. Merrillville Sport & Fitness, INC., the tenant, the plaintiff in the case. Facts T&W Building Company entered into a five-year lease agreement as the landlord with Merrillville Sport & Fitness INC., to lease space in a building that would be used as a sports and fitness center. The lease provided that the landlord was to keep the heating and cooling “in good order, repair, and condition” and was to commence required repairs as soon as reasonably practicable after receiving a written notice of the problems. The tenant complained of several problems throughout the first year of their tenancy. First the heating system didn’t work properly, causing the premises to be extremely cold, particularly through the winter months. Second there was no water on several occasions. Third there was only one electrical outlet installed on the premises. As a result of these problems the tenants lost members. They gave notice and vacated the premises within one year of signing the lease. Procedure Finding that constructive eviction occurred, the jury awarded the tenants $36,615.56 in damages. The landlord brought...
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...AirBnB.com – What’s the big deal? Air BnB is a growing online service which facilitates the availability and marketing of, generally, residential accommodation as tourist accommodation. Airbnb defines itself as a “social website that connects people who have space to spare with those who are looking for a place to stay". The site has been the subject of much debate around its creation of a sharing economy for tourist accommodation which may avoid taxes, expose guests to undue risks, and broadly have a negative impact on legitimate tourist accommodation. The last of these is a real concern as the site lists accommodation under three primary types: 1. “Entire place” – basically a holiday home or unit generally 2. “Private Room” – similar to B & B style accommodation 3. “Shared room” – similar concept / style to a sort of private backpacker accommodation However, by industry practice Air BnB equates to an OTA or booking engine in style and seemingly focuses and attracts micro accommodation providers covering many traditional styles but also simply free bed space (being the original concept). Indeed the term micro-hotel has cropped up a lot lately in line with the service. Basically it facilitates turning homes into tourist accommodation – a lot like a B & B or Holiday Home – so what’s the big deal? AirBnB charge guests a 9-12% service fee every time a reservation is booked, depending on the length of the reservation, and they charge hosts a 3% service...
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...mutual interest in the long-term health and productivity of the agricultural lands and related features described below; and whereas the Lessor wishes to offer a secure and affordable farming opportunity to the Lessee; and whereas the Lessor wishes the property to be maintained according to high standards of stewardship, the parties agree as follows: II. Description of Leased Premises a) The Premises shall consist of cropland and other land, roads and structures as more particularly described in Attachment A. b) If applicable: So that the Lessee can reside in close proximity to the land and provide for its care and supervision, Lessor and Lessee shall also be parties to a separate residential lease agreement for a term beginning on _________ and ending on ____________ for the farmhouse property located at ________________ (the “Residential Lease”). If the parties agree to an extension of the term of this Lease, either via an amendment to this Lease or the execution of a new lease between the parties, Lessor shall also offer Lessee an extension of the Residential Lease for a similar term, with the rental amount and other terms of such extension to be mutually agreeable to both parties. III. Lease Term a) The term of this Lease shall be for a period commencing ________________ and ending _________________. b) No later than three months prior to the termination of this Lease, the parties have the option to negotiate a new Lease. IV. Lease Fee...
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...core business into cleaning. Prior to that, KRS also did some maintenance job for fire fighting and safety system. The business operates out of a central office in Kajang with two storage facilities which located in Segamat and Seremban. These two storage facilities were set up when KRS engaged cleaning projects with Segamat government councils building and Plaza Ampangan, Seremban during early 2000s. Ali still maintained the store as there are some machines and cleaning tools kept inside. “Some of these rusty tools could still be useful if KRS gain any cleaning tender in southern region” Ali whispered to Nasir when he suggested shutting down the stores. Among the projects that KRS are currently engaging include cleaning of residential colleges in Universiti Teknologi MARA, Shah Alam; cleaning of administrative office in Kolej Professional MARA, Banting; grass mowing at old Defence Airport in Sungei Besi; and cleaning job in Youth Hostel in Cheras, Kuala Lumpur. As a medium scale company, financial resources are quite crucial. KRS faces challenges in allocating personnel cost, as well as matching other operating expenses with revenues generated from its...
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...1 http://www.miteshk.webs.com TAXATION CHAPTER 1: INTRODUCTION The word tax is derived from a Latin word “Taxare “it means to estimate or value. The term tax to a common man means money paid to the Government out of compulsion without deriving any benefit directly by himself or his family members. As per taxation tax means statuary payment to be made b the public and imposed by the Government. Definition: As per Prof. Adams: ¾ From the Stand point of the state, a tax is source of derivate revenue ¾ From the point of the citizen, A tax is a coerced payment ¾ From the Administrative point of view, it is a demand for money by state in conformity to establish rules ¾ From the point view of a Theory, a tax is a contribution from the individual for common expenditure Characteristics of Tax: 1. Tax can be imposed by the Government only 2. Taxes are paid in the form cash only 3. the aim of levying tax is to promote the welfare of the people living in the country 4. the object of tax is to raise revenue to the Government 5. tax is a legal collection 6. payment of tax involves an element of sacrifice 7. it is levied by the Government by virtue of its power confirmed under the Constitution 8. Tax is not a payment for specific service rendered by the Government to tax payer 9. Tax is imposed on income or wealth or on a commodities i.e. either directly or indirectly, but tax is actuallypaid by the individuals. Objects of...
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...1. INTRODUCTION Frozen foods and confectionary is a thriving business in Malaysia. Confection based foods such as bakeries and pastries such as frozen foods have become the preferred choice for busy parents and people, thus it is a good business to be ventured into. The founder of Craving Puffs Sdn Bhd (from here on will be referred to as CPSB) is Mr Ali who was born and raised in Kedah. Curry Puffs is among the famous traditional snack, loved by Malaysians all over the country. It is also known as “Karipap”, “Karipap Pusing” or “Epok-Epok” in Bahasa Malaysia. The light and flaky pastry of curry puff, hold the contents of the delicious curry or sambal (read as spice and chillies) stuffing. With Ali’s great vision and enthusiasm in entrepreneurship, he decided to venture into this challenging business with a future plan to expand the market at international level. He left his job with determination to become a successful entrepreneur. CPSB was later joined by Ali’s business partners, Ina and Fatimah, and started selling the homemade curry puffs in a small shop in his hometown, Kedah. As the business grew, another two business partners joined the company namely Hassan and Ahmad. A good curry puff's pastry is light, crispy and flaky yet moderately firm. The stuffing includes creamy potatoes, spice, morsels of mutton, or chicken. The combination of a great pastry and deliciously prepared stuffing brings you "home" to the good of home style cooking, where...
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...คูมือการคาการลงทุนไทยในจีน สถานกงสุลใหญ นครเซี่ยงไฮ มีนาคม 2556 จัดทำโดย สารจากกงสุลใหญ ณ นครเซี่ยงไฮ ทุกวันนี้ คงไมมีใครปฏิเสธไดถึงความสำคัญของตลาดจีน ตลาดขนาดใหญที่นับวัน จะมีกำลังซื้อสูงขึ้นสืบเนื่องจากเศรษฐกิจที่พัฒนาอยางรวดเร็วและตอเนื่อง ความเจริญทางเศรษฐกิจนี้ มิไดจำกัดอยูเฉพาะเมืองศูนยกลางเศรษฐกิจดั้งเดิมของจีนเทานั้น แตไดแผขยายไปยังหัวเมืองชั้นรอง ตางๆ ซึ่งมีอัตราการเจริญเติบโตที่สูงไมแพเมืองศูนยกลางดั้งเดิม หรืออาจจะมากกวาเสียดวยซ้ำ ปรากฏการณการขยายตัวของเขตเมือง และการเติบโตของชนชั้นกลางอยางรวดเร็วในจีนไดนำมาซึ่ง โอกาสทางธุรกิจ และเปนเสมือนแมเหล็กดึงดูดใหธุรกิจจากนานาประเทศสนใจที่จะเขาสูตลาดแหงนี้ ไมเวนแมแตประเทศไทย และคำกลาวที่คุนเคยกันดีวา “ถนนทุกสายมุงสูจีน” ก็ยังคงเปนจริงอยูใน ปจจุบัน แตการมุงสูจีนของธุรกิจตางชาติก็มิใชจะราบรื่นเสมอไป ผูที่ไดมีประสบการณในจีน แลวตางเห็นพองกันวา การทำธุรกิจในตลาดแหงนี้เต็มไปดวยความทาทาย ไมเพียงแตวัฒนธรรมการ ทำธุรกิจและภาษาที่แตกตาง แตยังมีกฎระเบียบที่ซับซอนและเกี่ยวของกับการอนุมัติจากหลาย หนวยงาน ของจีนเปนอุปสรรคสำคัญสำหรับธุรกิจตางชาติ ซึ่งหากขาดการศึกษาอยางดีแลวก็ยอม กระทบตอการกาวเขาสูตลาดแหงนี้อยางหลีกเลี่ยงไมได ดวยเล็งเห็นความสำคัญของขอมูลกฎระเบียบในการทำธุรกิจในจีน โดยเฉพาะใน สาขาที่ไทยมีศักยภาพ สถานกงสุลใหญ ณ นครเซี่ยงไฮ โดยการสนับสนุนงบประมาณจากกระทรวง การตางประเทศ จึงไดจัดทำ “คูมือการทำธุรกิจในจีน” ฉบับนี้ขึ้น โดยความรวมมือจากบริษัท KPMG สาขานครเซี่ยงไฮ ซึ่งเปนบริษัทที่ปรึกษาดานธุรกิจชั้นนำของโลก คูมือดังกลาวประกอบดวยขั้นตอน...
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...Residential Lease Agreement THIS LEASE AGREEMENT is made and entered into this ______ day of ____________, 20 ____, by and between ______________________________ hereinafter referred to as "Landlord" and _____________________________, hereinafter referred to as "Tenant". 1. Landlord leases to Tenant and Tenant leases from Landlord, upon the terms and conditions contained herein, the dwelling located at _____________________________________________ for the period commencing on the _____ day of __________,20 ___, and thereafter until the _____ day of _____________, 20 ___, at which time this Lease Agreement shall automatically renew each year unless terminated in writing. The Tenant is required to give the Landlord in writing a notice 1 month (30 days) in advance of his/her moving. Notice must be given on the first day of a month. If notice is given after the first day of the month, the 1 month (30 day) notice will not start until the following month. (The notice must be one full calendar month starting on the first day of a month.) Rent may be increased at any time after first year and the security deposit cannot be used for rent. 2. Tenant shall pay as rent the sum of $ ____________ per month, due and payable monthly, in advance, no later than 5:00 p.m. by the fifteenth day of every month. Tenant further agrees to pay a late charge of $___________ for each day rent is not received after the forth of the month to the Landlord regardless of the cause, including dishonored...
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...MAHESHWARI & CO. Advocates & Legal Consultants An Overview on Indian Real Estate Prepared by:Mr. Ashish Mittal (Associate) Ms. Khusboo Bhargava, 5 Year, (BBA. LL.B. (Hons.)) th MAHESHWARI & CO. Advocates & Legal Consultants INDEX Sl. No. 1. 2. 3. 4. Particulars An Introduction to Investment in Indian Real Estate …………… Indian Residential Real Estate ……………………………………... Indian Commercial Real Estate ……………………………………. Challenges Faced By Real Estate Sector & Sectors Facilitating Growth ………………………………………………………………... 4.1 4.2 5. Retail Sector Special Economic Zone 9-12 Page No. 1- 4 5-6 6-7 7-8 FDI ……………………………………………………………………. 5.1 5.2 5.3 5.4 5.5 FDI Projects Current Scenario FDI Guidelines For Application In Sector Sector Where FDI is not allowed FDI V/s FII 6. NRI Investment In Indian Real Estate …………………………... 6.1 6.2 6.3 Acquisition /Transfer of Immovable Property by POI Repatriation of Sale Proceed by NRI/POI Investment by Foreign Companies 12-15 7. 8. Real Estate Investment Trust (REIT) & Major Foreign Investors In Real Estate Sector ……………………………………………….. Model Real Estate Law …………………………………………….. 8.1 8.2 8.3 8.4 8.5 8.6 8.7 Establishment of Real Estate Regulatory Authority Registration of Property Promoters Powers of Regulatory Authority12 Establishment of Appellant Tribunal Offences And Penalties Analysis of the Act 15-17 18-19 9. Legislative Issues …………………………………………………… 9.1 9.2 Various Laws In Real Estate Transaction Five Group of Laws in real...
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...32 35 41 50 53 61 IN RETROSPECT: PROPERTY MARKET PERFORMANCE IN 2014 PRIVATE PROPERTY MARKET 2015: THE SQUEEZE TIGHTENS FURTHER HDB RESALE MARKET 2015: AN ANTICIPATION OF AN UPSWING? ALONG THE THOMSON LINE: BRINGING BENEFITS TO THE EAST SKIMMING THE SUBLETTING SITUATION HOW SINGAPOREANS FEEL ABOUT THE LOCAL PROPERTY MARKET COMMERCIAL PROPERTY: A MIXED OUTLOOK REFLECTING CHANGING LANDSCAPES PROPERTY OUTLOOK 2015: SEARCHING FOR INSIGHTS NEW YORK: A PROPERTY RISING STAR ON THE HORIZON LONDON RESIDENTIAL PROPERTY OUTLOOK: THE BEST JUST GOT BETTER FENG SHUI: USHERING IN THE YEAR OF THE GOAT PropertyGuru Outlook Report 2015 2 PREFACE It without a doubt property still remains a hot button issue for Singaporeans. From speculation about whether the cooling measures will be eased to predictions of just how much market prices will continue to fall, the topic has dominated conversations of many first-time buyers, upgraders and investors. In 2014, the decline in Singapore’s private residential and HDB resale market, showed no signs of abating. Restrictions on access to mortgage capital because of the Total Debt Servicing Ratio (TDSR) has, to a large degree, influenced the reinforcement of these behavioural patterns and will continue to so – at least for the majority for 2015. And with the government reiterating that they will not relax the existing policies, status quo looks set to place further pressures on the already subdued market. Nonetheless, real estate is still a favoured...
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...Suppliers * List of Competitors * Sales Projections (Quantity and Pricing) IV. TECHNICAL ASPECT * Product/Service Description * Production Input and Process - * Business Location and Size * Sketch of Business Site * Time and Days of Operation * Building Facilities – * Equipment * Total Production Cost V. ORGANIZATION AND MANAGEMENT * Management Expertise / Technical Knowledge * Company Policy * Manpower * Position/Function * Salaries VI. FINANCIAL ASPECT * Total Project Cost / Financing Requirement * Form of Equity * Sources of Equity * Other Source of Income * Financial Projections VII. ENVIRONMENTAL ASPECT * Effect on the Community * Employment I. Executive Summary R.A Photo Graphics is a total solution provider for digital photography, graphic design and digital printing related services and products such as photo printing, tarpaulin banners printing, vinyl stickers, personalized gift items printing, business forms, school projects, documents marketing materials, Photography coverage, and photo booth rental for events such as Weddings, Birthdays, Corporate Events, Reunions, Trade Shows, School Proms, Graduations and Holiday Parties. The name R.A Photo Graphics represents "Roderick Austria Photography and...
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