Unregistered property agent convicted and fined $72,000

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The unregistered property agent was sentenced to a fine totalling $72,000, in default of 27 weeks’ imprisonment.

An unregistered property agent was convicted in Court on April 3 for nine charges of holding himself out to the public as being a property agent without being registered as such with the Council for Estate Agencies . Lim Ruiwen, 31, had posted nine advertisements for the rental of HDB and private properties on publicly accessible online property portals between January and March 2017, despite being unregistered.

Lim was a former agent since January 2011, and was most recently with Global Alliance between 1 January 2016 and 31 December 2016. Lim’s registration expired after 31 December 2016 as he did not submit an application to CEA through a property agency to renew his registration as a property agent for 2017. He was also terminated by Global Alliance after 31 December 2016. He was therefore no longer a registered agent after 31 December 2016.

In all the advertisements, Lim held himself out as a registered agent of Global Alliance when he was not. The advertisements included his name, photograph, mobile number, previous CEA registration number, as well as Global Alliance’s name and CEA licence number.

 

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