8/16/2019 (3) Part III - Answer (Nov 15 Res Exam)

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PART 3 OF RES MCQ – ANSWERS ONLY (NOV 2015) 

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November 2015

1279 Awareness

1280 E-Valuation List

1281 Survivorship

1282 5 years

1283 Intent; goodfaith1284 Advertising / marketing

1285 Cooling off

1286 4-room flats

1287 Agreement

1288 Extinguished; 12 years

1289 10%

1290 3 years

1291 3%

1292 $560,000

1293 100%

1294 10% [for HDB flats]; 20% [for commercial properties]

1295 One-third1296 [c] (3% of sale price less $5,400) + 5% of Additional Buyer’s Stamp Duty.

1297 [b] $30,000

1298 [d] Can claim against the price difference; 60

1299 [a] Tenancy-at-will

1300 [d] all of the above

1301 [d] The bank can still look to the co-owners jointly and severally for the repayment of any balanceoutstanding loan after the property owned by the company has been foreclosed and sold.

1302 [b] District 10

1303 [b] Product mix

1304 [c] 10; not later than 21 days after the purchaser has paid 25% of the purchase price upon T.O.P.

1305 [b] carry out urgent repair to make the property habitable

1306 [c] No, Mr A was merely giving his personal opinion on the property market1307 [b] Parenthood Priority Scheme (PPS)

1308 [a] Bankruptcy; cannot

1309 [c] Stop the painting class as he has breached a restrictive covenant that is binding on him as thesuccessor in title

1310 [c] Tenancy-in-common because each of the three siblings hold the property in one-third share

1311 [a] An approved form that shows the restrictive covenant that contains a property right against certainland uses by the neighbour

1312 [c] the right arose by a contract agreed upon between two owners of adjoining or adjacentlands

1313 [c] the Singapore law provides for restrictions over neighbor’s land to expire 20 years from the

date of entry of a notification on the land register1314 [b] servient land

1315 [c] She could apply for an injunction to stop Aaron from using the landed house for businesspurposes and to remove the signboard below the house number

1316 [a] Report the matter to the Council for Estate Agencies (CEA) for action

1317 [c] No, James must seek the owners’ written consent before allowing his fiancee to partake themarketing

1318 [c] No. Once the ‘change of use’ approval is granted under the Planning Act, all restrictivecovenants are automatically extinguished

1319 [d] All of the above

1320 [b] diplomatic clause

1321 [d] the maximum number of tenant rule does not cover family members

1322 [b] $98,131

1323 [a] $1,524,600 for BSD; $2,550,000 for ABSD1324 [d] No income ceiling for resale flat but there is income ceiling for purchase of BTO flats1325 [b] Yes, any items affixed at the shop by the tenant to carry out his trade are trade fixtures that

can be removed

8/16/2019 (3) Part III - Answer (Nov 15 Res Exam)

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PART 3 OF RES MCQ – ANSWERS ONLY (NOV 2015) 

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1326 [c] Yes, Mr Lee can remove the pair of Lucky Stone Lions as they sat on their own weight; buthe cannot remove the filing cabinet as it is affixed to the house

1327 [c] i, ii, and v1328 [b] (i) legal entity; (ii) strata roll

1329 [b] (i) can be divided; (ii) per room

1330 [c] Fixed term license

1331 [d] highest form of land ownership not subjected to the conditions of the State Lands Act

1332 [c] 3 years1333 [a] monthly in advance

1334 [d] all of the above