WORKSHOP OUTLINE
IN THIS WORKSHOP, YOU WILL LEARN HOW A COLLECTIVE SALE IS STRUCTURED
AND GAIN A BAISC APPRECIATION OF THE TECHNICAL AND LEGAL PROCEDURES
THAT ARE INVOLVED.
IF YOU ARE A PART OF THE SALE COMMITTEE, YOU MAY UNDERSTAND YOUR
STATUTORY AND COMMON-LAW DUTIES TO THE MANAGEMENT CORPORATION BETTER.
IF YOU ARE A PROPERTY INVESTOR, YOU WILL BE ABLE TO TELL THE
DIFFERENCE BETWEEN A TRUE-BLUE ENBLOC-ABLE PROPERTY AND THOSE
MISREPRESENTED AS ‘ENBLOC POTENTIAL’ BY OWNERS AND THEIR
SALESPERSONS.
IF YOU ARE A REAL ESTATE SALESPERSON, YOU MAY APPLY THE KNOWLEDGE TO
CONDUCT THE COLLECTIVE SALE YOURSELF OR YOU MAY CHOOSE TO REFER THE
PROJECT TO THE INVESTMENT DEPARTMENT IN YOUR REAL ESTATE AGENCY.
EITHER WAY, IT IS IMPERATIVE THAT YOU UNDERSTAND THE ENTIRE PROCESS
FROM BEGINNING TO END.
TARGET AUDIENCE
*
Sale commitee member/s
*
Property owners wishing to start an enbloc exercise
*
Real estate investors
*
Anyone who wants to gain an in-depth understanding of the collective
sale process
CSW 1.0 – IS IT VIABLE IN 2018 AND HOW TO MANAGE THE ENBLOC PROCESS
FROM START TO END.
TRAINER PROFILE
Dillon Loi is a qualified lawyer who is called to the Singapore and
English Bars. Unlike other non legally-qualified trainers who do not
have a sales track record, he is also involved in practical real
estate consultancy work. Since 2005, he has consulted on more than $1
billion worth of properties in Singapore via collective
sales. Collective Sales he had handled such as Guillemard Lane
Bungalows, 66 East Coast Road and One Balmoral. Part and present
efforts include Normanton Park, Spring Grove and Grande Vista etc.
MODULE 1 - OVERVIEW OF COLLECTIVE SALE PROCESS
MODULE BENEFITS
*
You will appreciate the legal issues relating to the Subsidiary
Proprietors and the Collective Sale Committee in a Collective Sale.
*
You will be able to understand the basic tenets of a Collective
Agreement.
*
You will learn some basic calculations
1.1 COLLECTIVE SALE PROCESS- A RE-LOOK AT THE NEW RULES SINCE JULY
2010
1.1.1 What is a Collective Sale?
- Reasons for collective sales
taking place
- The developers’
perspective
1.1.2 Planning Act Guidelines
- Master Plan
- Terms defined
- Planning Application
1.1.3_ __Land Titles (Strata) Act_
- The present law
- Minority Shareholders’
rights
- Strata Titles Board
- Procedural guidelines
1.2 STRUCTURING A COLLECTIVE SALE AGREEMENT- CONTRACTUAL TERMS YOU
NEED TO LOOK OUT FOR BEFORE YOU SIGN ON THE DOTTED LINE
1.2.1 A quick preview of real estate contract law
1.2.2 What the subsidiary proprietor ought to know
before he signs on the dotted line?
1.2.3 What to look out for in appointment of marketing
agents
1.2.4 Tortious obligations
- How can the Sale Committee minimise legal
liability?
1.3 HOW TO PREPARE A COLLECTIVE SALE
1.3.1 Enbloc sale feasibility study
1.3.2 Step-by-step guide on how to kick start a
Collective Sale Process.
1.4 Q & A SESSION
MODULE 2 - ENBLOC SALE CALCULATIONS
MODULE BENEFITS
*
You will learn how to calculate development charges.
*
You will appreciate some legal pitfalls when conducting an enbloc
sale.
2.1 FROM CONCEPT TO TENDER
2.1. Following legal requirements under
the _Land Titles (Strata) Act_
2.2. Understanding the documents that are
required
2.2 DEVELOPMENT CHARGE CALCULATION
2.2.1 Update on method of calculation since 2008.
2.2.2 Worked examples provided
2.3 LEGAL CASE STUDIES
2.4 Q & A SESSION
For further query please call TEL: 67361318 / 67361305
business
workshop
848
Views
12/12/2018 Last update