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Chapter 3.11.
Consumer Protection (Fair Trading) Act
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Learning outcomes of this chapter:
List the types of real estate transactions under the Act.
Determine what constitute unfair practices in real estate transactions.
Advise consumers’ recourse for unfair practices, bearing in mind the time limit and claim limit.
Related Multiple Choice Questions
What is the purpose of the Consumer Protection (Fair Trading) Act (CPFTA)?
Which practice is considered unfair under the Consumer Protection (Fair Trading) Act?
What is the primary intention of the Consumer Protection (Fair Trading) Act (CPFTA) in Singapore?
What is expected of salespersons under the Standard of Care for Salespersons?
What is prohibited under the Moneylender's Act concerning property transactions?
What does the Duty of Care in Tort Law require in real estate transactions?
Who can be held responsible under Vicarious Liability in real estate transactions?
A developer is planning a new condominium project. Which of the following is a requirement they must fulfill before selling any units?
Which Act allows the Singapore government to acquire land for public use, ensuring fair compensation for the landowners?
In a scenario where a seller remains on the property without the buyer's consent post-sale, this could lead to a claim of:
What is an essential duty of a real estate agent towards their principal?
What can lead to a claim of misrepresentation in real estate transactions?
What does the Duty to Disclose involve in real estate transactions?
What type of properties does the Residential Property Act (RPA) classify as 'restricted'?
What can lead to the rescission of a contract in Singapore real estate transactions?