{"id":85882,"date":"2018-04-19T13:20:33","date_gmt":"2018-04-19T06:20:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/man-fined-71500-for-unregistered-estate-agency-work\/"},"modified":"2018-04-19T17:03:26","modified_gmt":"2018-04-19T10:03:26","slug":"man-fined-71500-for-unregistered-estate-agency-work","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/man-fined-71500-for-unregistered-estate-agency-work\/","title":{"rendered":"Man fined $71,500 for unregistered estate agency work"},"content":{"rendered":"<p>&#013;<br \/>\nUnder CEA rules, it is an offence for someone to act as an agent in any property transaction if they are not registered or licensed. (Photo: CEA)<br \/>\nA 36-year-old man was fined $71,500 on Wednesday (18 Apr) after pleading guilty to eight charges of posing as a property agent without being registered with the Council for Estate Agencies (CEA). If he can\u2019t pay the fine, he will be jailed for 25 weeks.<br \/>\nUnder the Estate Agents Act (EAA), it is an offence for entities or individuals to act as agents in any property transaction if they are not licensed or registered with CEA.<br \/>\nMore: Lawyer Fined $10,000 For Failure To Report Suspicious Property Transaction<br \/>\nBetween November 2011 and April 2015, Raymond Chng worked as an agent with Dennis Wee Realty (DWR), but was fired after being convicted and jailed for a road rage incident.<br \/>\nDespite his termination, Chng continued to pose as an agent with DWR when he facilitated the closing of a lease transaction for an apartment at Spottiswoode Park in October 2015. He collected a commission of $1,450 for the transaction.<br \/>\nHe also posted seven advertisements on an online property portal for the sale of HDB and private properties between May and August 2015.<br \/>\nAll advertisements included his name, mobile number, photograph, previous CEA registration number, DWR\u2019s CEA licence number, designation in DWR and DWR\u2019s logo.<br \/>\nDuring sentencing, the Court also took into account 26 other similar charges.<br \/>\nIn a statement, CEA noted that the \u201cpunishment for an offence under Section 29(1)(a) of the EAA is a fine not exceeding $25,000, or imprisonment for a term not exceeding 12 months, or both\u201d.<br \/>\nConsumers who opt to have estate agents help them in their property purchases are advised to only engage property agencies and agents who are licensed and registered with CEA.<br \/>\nRead the full press release here.<br \/>\nFor the latest property news, trends, resources and expert opinions, visit our\u00a0Property News\u00a0page. Home buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.<br \/>\n\u00a0<br \/>\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.propertyguru.com.sg\/property-management-news\/2018\/4\/171172\/man-fined-71500-for-unregistered-estate-agency-work\" target=\"_blank\">Man fined ,500 for unregistered estate agency work<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Under CEA rules, it is an offence for someone to act as an agent in&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-85882","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-mlc","jetpack-related-posts":[{"id":44900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/man-jailed-fined-23000-for-illegal-estate-agency-work\/","url_meta":{"origin":85882,"position":0},"title":"Man jailed, fined $23,000 for illegal estate agency work","date":"February 21, 2017","format":false,"excerpt":"\r Consumers are urged to engage only property agencies and agents who are licensed and registered with the CEA. Shakir Khan, a 56-year-old Singaporean, was convicted in court of two charges of conducting estate agency work without first being registered as a salesperson, or licensed as an estate agent by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-company-director-fined-215000-for-unlicensed-work\/","url_meta":{"origin":85882,"position":1},"title":"Property company, director fined $215,000 for unlicensed work","date":"December 22, 2016","format":false,"excerpt":"\r This is the largest fine handed down by the court for this offence. A property management company and its sole director have been fined a total of $215,000 for conducting unlicensed estate agency work, the largest fine ever meted out by the court for this offence, the Council for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/woman-fined-16000-for-unlicensed-estate-agency-work\/","url_meta":{"origin":85882,"position":2},"title":"Woman fined $16,000 for unlicensed estate agency work","date":"July 14, 2016","format":false,"excerpt":"\r Under the law, it is an offence for individuals to handle property transactions if they are not licensed. A 41-year-old Singaporean woman was sentenced on Wednesday (13 July) to pay a fine of $16,000, in default six weeks\u2019 imprisonment, for acting as an unlicensed estate agent in relation to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bogus-agent-charged-for-unlicensed-real-estate-work\/","url_meta":{"origin":85882,"position":3},"title":"Bogus agent charged for unlicensed real estate work","date":"September 22, 2016","format":false,"excerpt":"\r Shakir Khan was arrested in March this year after CEA officers suspected he was conducting estate agency work illegally. A 56-year old Singaporean man was charged in court on Wednesday (21 September) for conducting estate agency work without a license, revealed the Council for Estate Agencies (CEA). Under the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105767,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/man-fined-72000-for-illegal-estate-agency-work\/","url_meta":{"origin":85882,"position":4},"title":"Man fined $72,000 for illegal estate agency work","date":"April 4, 2019","format":false,"excerpt":"\r The unlicensed agent had posted nine online advertisements for the lease of private properties and HDB flats on public property portals. A 31-year old man was convicted in court of nine charges of conducting estate agency work without being registered as a real estate agent with the Council for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26141,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-property-agent-fined-for-handling-clients-money\/","url_meta":{"origin":85882,"position":5},"title":"Former property agent fined for handling client\u2019s money","date":"September 15, 2016","format":false,"excerpt":"\r The cash amounting to $93,000 is the biggest sum involved, revealed the Council for Estate Agencies (CEA). A former property agent was convicted on Wednesday for handling his client\u2019s transaction money amounting to $93,000. Under the Estate Agents Act, it is an offence for property agents to handle any\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/85882"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=85882"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/85882\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=85882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=85882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=85882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}