A TO Z PROPERTY FUNDAMENTALS QUIZ

What is the Loan Agreement Legal Fee for property value of RM672,000 ?

5240.40

5838.40

6038.40

Correct! Wrong!

What is Letter Offer ?

Letter Offering

Loan Offer

Letter Offer

Correct! Wrong!

How many % exemption of MOT can sister enjoy when transfer the property to brother ?

0

100

50

Correct! Wrong!

What is the Sales and Purchase Agreement Legal Fee for property value of RM300,000 ?

5000

2000

3000

Correct! Wrong!

How much is Sales and Purchase Agreement Legal Fee ?

The first RM500,000: 1% (minimum charges of RM1000) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

The first RM500,000: 1% (minimum charges of RM500) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

The first RM500,000: 0.5 % (minimum charges of RM500) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

Correct! Wrong!

What is ROI ?

Returns On Invest

Refund On Investment

Return On Investment

Correct! Wrong!

What is the Loan Agreement stamp duty for property value of RM672,000 ?

2824

3024

3324

Correct! Wrong!

What is the real estate valution fee ?

The first RM100,000 0.1% The upcoming amount will be 2 million 0.20% Next amount will be 7 million 0.167% Next amount will be 15 million 0.125% Next amount will be 50 million 0.10% Next amount will be 200 million 0.067% Next amount will be 500 million 0.05% 500 million and above 0.04%

The first RM100,000 0.25% The upcoming amount will be 2 million 0.20% Next amount will be 7 million 0.167% Next amount will be 15 million 0.125% Next amount will be 50 million 0.10% Next amount will be 200 million 0.067% Next amount will be 500 million 0.05% 500 million and above 0.04%

The first RM100,000 0.5% The upcoming amount will be 2 million 0.20% Next amount will be 7 million 0.167% Next amount will be 15 million 0.125% Next amount will be 50 million 0.10% Next amount will be 200 million 0.067% Next amount will be 500 million 0.05% 500 million and above 0.04%

Correct! Wrong!

How many types of land available ?

2

3

4

Correct! Wrong!

Which type of expenses can be exempted from RPGT ?

Attorney Fee/Accounting Admnistrative Cost Real Estate Agency Commission Cost of Renovation Advertising Expenses Valuation Fee

Runner Fee Admnistrative Cost Real Estate Agency Commission Cost of Renovation Advertising Expenses Valuation Fee

Attorney Fee/Accounting Admnistrative Cost Real Estate Agency Commission Cost of Renovation Advertising Expenses Building cost

Correct! Wrong!

How many types of title deed available ?

2

3

4

Correct! Wrong!

What is the Loan Agreement stamp duty for property value of RM300,000 ?

1150

1500

1350

Correct! Wrong!

What is the highest total loan amount % to own the first commercial property ?

90

80

85

Correct! Wrong!

Who will be the standard of valuation ?

Valuer

Seller

Buyer

Correct! Wrong!

What are the 4 ways to increase long term rent ?

Kitchen Appliances And Equipment Design Style Partial Furnished Regular Maintenance

Kitchen Appliances And Equipment Design Style Fully Furnished Regular Maintenance

Kitchen Appliances And Equipment Cheap Design Style Fully Furnished Regular Maintenance

Correct! Wrong!

How many % exemption of MOT can parent enjoy when transfer the property to Children ?

100

30

50

Correct! Wrong!

How many % is Government tax on legal agreements ?

9 of total lawyer fee

3 of total lawyer fee

6% of total lawyer fee

Correct! Wrong!

How many types of title deed statue available ?

3

4

2

Correct! Wrong!

What is the highest total loan amount % to own the third and above residential property ?

70

80

90

Correct! Wrong!

What is MRTA ?

Mortgage reduce term assurance

Mortgage reducing term assurance

Mortgage reducing total assurance

Correct! Wrong!

What is RPGT ?

Real Purpose Gains Taxes

Real Property Gains Tax

Real Property Gain Tax

Correct! Wrong!

How many type of Housing Loans are available ?

3

2

4

Correct! Wrong!

What is CTOS ?

Credit Top-off Service

Credit Tip-office Service

Credit Tip-off Service

Correct! Wrong!

What is Loan to value (LTV) ?

The ratio of the full loan amount to the value of the house

The full loan amount to the mortgage value of the house

The ratio of the full loan amount to the mortgage value of the house

Correct! Wrong!

What is the highest total loan amount % to own the third and above commercial property ?

80

90

85

Correct! Wrong!

When should the property be sold ? (choose the best answer)

Purchased the wrong property Good timing When there are buyers

Purchased the wrong property Rise to the end When the property price arise

Purchased the wrong property Rise to the end There is a better choice

Correct! Wrong!

How much is the Loan Agreement Fee ?

The first RM500,000: 1% (minimum charges of RM500) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

The first RM500,000: 0.5% (minimum charges of RM500) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

The first RM500,000: 1% (minimum charges of RM1000) The next RM500,000: 0.8% The next RM2,000,000: 0.7% The next RM2,000,000: 0.6% The next RM2,500,000: 0.5%

Correct! Wrong!

How much is Loan Agreement Stamp Duty ?

Total loan amount x 1%

Total loan amount x 0.5%

Total loan amount x 1.5%

Correct! Wrong!

When does the real estate need to have valuation ?

when a real estate is sold Real estate refinances Purchase second hand real estate

Purchase when a real estate is completed Real estate refinances Purchase second hand real estate

Purchase when a real estate is completed Real estate refinances Purchase real estate

Correct! Wrong!

What is the Sales and Purchase Agreement Legal Fee for property value of RM672,000 ?

6376

6076

6676

Correct! Wrong!

How many % exemption of MOT can children enjoy when transfer the property to parent ?

100

30

50

Correct! Wrong!

What is the highest total loan amount % to own the first residential property ?

100

80

90

Correct! Wrong!

What are the advantages of IHC ?

Asset management & Manage property Effectively

Liabilities protection & Manage property Effectively

Asset protection & Manage Risk Effectively

Correct! Wrong!

How many % exemption of MOT can wife enjoy when transfer the property to husband ?

50

100

30

Correct! Wrong!

What is the Loan Agreement Legal Fee for property value of RM300,000 ?

2500

3000

2700

Correct! Wrong!

What is DSR ?

Deed Service Rate

Debt Service Ratio

Document Service Rate

Correct! Wrong!

What is HDA ?

House Development Authority

Housing Development Act

House Development Act

Correct! Wrong!

What is SOHO ?

Small Office Home Office

Single Office Home Office

Service Office House Office

Correct! Wrong!

What is the Sales and Purchase Agreement stamp duty for property value of RM672,000 ?

14160

13160

15160

Correct! Wrong!

What is the definition of Memorandum of Transfer ?

is a procedure of property transfer to seller from developers or sellers.

is a procedure of property transfer to buyer from developers or sellers.

is a procedure of property transfer to buyer from developers buyers.

Correct! Wrong!

What is the definition of Debt Service Ratio (DSR) ?

It is ratio of personal total debt to personaL income, used to measure the ability of a person to repay debt.

It is ratio of personal total debt to personaL expenses, used to measure the ability of a person to repay debt.

It is ratio of personal debt to personaL income, used to measure the ability of a person to repay debt.

Correct! Wrong!

What are the factors affecting property value ?

Location Basic Facilities Maintenance & Renovation Quality of Building Fire-Prone Location Common foreclosure area Bad records/taboo Traffic/Parking Issues

Location Maintenance & Renovation Quality of Building Fire-Prone Location Common foreclosure area Bad records/taboo Traffic/Parking Issues

Location Basic Facilities Maintenance Quality Fire-Prone Location Common foreclosure area Bad records/taboo Traffic/Parking Issues

Correct! Wrong!

What is JMC ?

Joint Management Committee

Johor Management Committee

Joint Management Commission

Correct! Wrong!

How much is the total valuation fee for a property value of RM480,000 ?

1110

1010

810

Correct! Wrong!

What is SOVO ?

Sales Office Versatile Office

Small Office Virtual Office

Small Office Versatile Office

Correct! Wrong!

What is IHC ?

Invest Holding Company

Investment Holding Company

Investing Holding Company

Correct! Wrong!

What is CCRIS ?

Central Cost Reference Information System

Central Credit Reference Information System

Central Credit Related Information System

Correct! Wrong!

What is the difference between condominium and service apartments ?

Condominium is using commerciall title and Service apartment is using residential title

Condominium is using residential title and Service apartment is using commercial title

Condominium is using industrial title and Service apartment is using commercial title

Correct! Wrong!

What is the Sales and Purchase Agreement stamp duty for property value of RM300,000 ?

5000

3500

6000

Correct! Wrong!

What is Memorandum of Transfer (MOT) ?

1%: RM0 - RM200,000 2%: RM100,001 - RM500,000 3%: RM500,001 - RM1,000,000 4%: RM1,000,001 and above

1%: RM0 - RM150,000 2%: RM100,001 - RM500,000 3%: RM500,001 - RM1,000,000 4%: RM1,000,001 and above

1%: RM0 - RM100,000 2%: RM100,001 - RM500,000 3%: RM500,001 - RM1,000,000 4%: RM1,000,001 and above

Correct! Wrong!

A TO Z PROPERTY FUNDAMENTALS QUIZ

What is the Loan Agreement Legal Fee for property value of RM672,000 ?

What is Letter Offer ?

How many % exemption of MOT can sister enjoy when transfer the property to brother ?

What is the Sales and Purchase Agreement Legal Fee for property value of RM300,000 ?

How much is Sales and Purchase Agreement Legal Fee ?

What is ROI ?

What is the Loan Agreement stamp duty for property value of RM672,000 ?

What is the real estate valution fee ?

How many types of land available ?

Which type of expenses can be exempted from RPGT ?

How many types of title deed available ?

What is the Loan Agreement stamp duty for property value of RM300,000 ?

What is the highest total loan amount % to own the first commercial property ?

Who will be the standard of valuation ?

What are the 4 ways to increase long term rent ?

How many % exemption of MOT can parent enjoy when transfer the property to Children ?

How many % is Government tax on legal agreements ?

How many types of title deed statue available ?

What is the highest total loan amount % to own the third and above residential property ?

What is MRTA ?

What is RPGT ?

How many type of Housing Loans are available ?

What is CTOS ?

What is Loan to value (LTV) ?

What is the highest total loan amount % to own the third and above commercial property ?

When should the property be sold ? (choose the best answer)

How much is the Loan Agreement Fee ?

How much is Loan Agreement Stamp Duty ?

When does the real estate need to have valuation ?

What is the Sales and Purchase Agreement Legal Fee for property value of RM672,000 ?

How many % exemption of MOT can children enjoy when transfer the property to parent ?

What is the highest total loan amount % to own the first residential property ?

What are the advantages of IHC ?

How many % exemption of MOT can wife enjoy when transfer the property to husband ?

What is the Loan Agreement Legal Fee for property value of RM300,000 ?

What is DSR ?

What is HDA ?

What is SOHO ?

What is the Sales and Purchase Agreement stamp duty for property value of RM672,000 ?

What is the definition of Memorandum of Transfer ?

What is the definition of Debt Service Ratio (DSR) ?

What are the factors affecting property value ?

What is JMC ?

How much is the total valuation fee for a property value of RM480,000 ?

What is SOVO ?

What is IHC ?

What is CCRIS ?

What is the difference between condominium and service apartments ?

What is the Sales and Purchase Agreement stamp duty for property value of RM300,000 ?

What is Memorandum of Transfer (MOT) ?

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