Registered Property Manager Malaysia

Currently only a registered valuer can practice as a property manager.

Registered property manager malaysia. Commencing from the launch of the registry property managers are given a one year grace period to register themselves by filling in form c that can be obtained from this link. With the amendment to the valuers appraisers estate agents and property managers act 1981 that was passed on oct 17 2017 and gazetted jan 2 2018 property managers are now required to register themselves with the board of valuers appraisers estate agents and property managers bovaep. The property manager ensures that the owner gets the best returns of his property investment. 6 february 1981 be it enacted by the yang di pertuan agong with the advice and consent.

In addition property management firms operated by registered property managers are exempted from the rm50 000 bond for overseeing a strata project. And property managers act 1981 an act to provide for the appointment of a director general of valuation and property services and for the registration of valuers appraisers estate agents and property managers and for matters connected therewith. Kuala lumpur jan 11. Anyone who takes on the role of a property manager is now required to register with the board of valuers appraisers estate agents and property managers bovaep.

Prior to this the board was known as the board of valuers appraisers and estate agents bovaea. Anyone who takes on the role of a property manager is now required to register with the board of valuers appraisers estate agents and property managers bovaep. Bovaep board member kamaruzaman jamil told reporters after the launch that presently there are about 1 200 registered property managers in malaysia with an estimated 5 000 who are practising but not registered. Its primary function is to regulate the valuers appraisers estate agents and property managers practising in malaysia.

Prior to this the board was known as the board of valuers appraisers and estate agents bovaea. He also ensures that the building is well maintained the building services well looked after and all expenses paid. This means the board will now regulate all property managers in malaysia. New registered property manager jobs in malaysia available today on jobstreet quality candidates quality employers.

The board of valuers appraisers estate agents and property managers was set up in 1981 under the purview of the ministry of finance malaysia. This means the board will now regulate all property managers in malaysia.