BOVA 50000 Illegal Real Estate Brokers

BOVAEA: 50,000 Illegal Real Estate Brokers in the Industry

ABOUT 30 to 40 real estate cheats are being reported every month as a result of 50,000 illegal real estate brokers operating in the country. Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA) chairman Eric Lim Chin Heng said the number of illegal real estate brokers are mushrooming overnight despite strict laws governing the sale and purchase of properties. Issues on illegal real estate brokers have become varied.

This article first appeared in the Malaysian Reserve on 18 August 2015. Click on the image below for the full article.

BOVA 50000 Illegal Real Estate Brokers

BOVAEA

BOVAEA

Board of Valuers, Appraisers and Estate Agents Malaysia was set up in 1981 under the purview of the Ministry of Finance, Malaysia. The setup and operation of this Board is governed by the provision of Valuers, Appraisers and Estate Agents Act 1981. Its primary function is to regulate the Valuers, Appraisers and Estate Agents practising in Malaysia.
BOVAEA