Ex-property agent charged with landlord/tenant representations in same transaction
Posted: 28 March 2013 1901 hrs
The logo of the Council for Estate Agencies.
SINGAPORE: The Council for Estate Agencies (CEA) has for the first time charged a former real estate salesperson with representing both landlords and tenants in the same property transaction.
It is among eight charges Nangoi Demelza Carmelita is facing.
The 29-year-old also allegedly handled money for the landlords and tenants.
Nangoi, who is a Singaporean, was a registered salesperson with a licensed estate agent SPR Realty Pte Ltd when she allegedly committed the offences.
Under the Estate Agents Act, it is an offence for estate agents and salespersons to be appointed by both tenants/buyers and landlords/sellers for the same property transaction.
They are also prohibited from holding or handling any money for or on behalf of any party in relation to the sale and purchase of any property situated in Singapore and the lease of HDB property.
- CNA/de
