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SQESalespersons Qualifying Examination✓EAQEEstate Agents Qualifying Examination

EAQE The EAA, licensing and business particulars question: Chung passed the EAQE

EAA EAQEThe EAA, licensing and business particulars

Ms Chung passed the EAQE and wants to open her own agency as a sole proprietor. Which licence must she hold?

A A salesperson's licence
B An estate agent's licence (individual)
C An estate agent's licence (company)
D No licence, only a business registration certificate

Show the answer and explanation

Answer: B. An estate agent's licence (individual)

Answer: An estate agent's licence (individual). Why not the others: - A salesperson's licence: It allows work only as a salesperson of a licensed estate agent, not running one's own business. - A company licence: That is for a company, not a sole proprietor. - Business registration only: Since 1 Jan 1999, carrying on estate agency work requires a licence. Rule: An estate agent's licence (individual) allows the holder to act as a sole proprietor, partner, director of a licensed company, or salesperson of another licensed agent; a salesperson's licence allows work only as a salesperson of a licensed estate agent. An EAQE pass qualifies for either licence. Source: Estate Agents Ordinance (Cap. 511), sections 15 and 16; EAA Examination Handbook (Aug 2026), paras 1.1 and 2.2; as at Oct 2026

Common mistake

Thinking a salesperson's licence is enough to run an agency.

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Related EAQE questions

Ms Chan passes the SQE in May 2026 and takes out a 2-year salesperson's licence. Under Phase I of the EAA's Mandatory CPD Scheme, how many CPD points must she earn in that licence period?An inspector visits an agency's shop and cannot see its Statement of Particulars of Business. What does the Licensing Regulation require?A building manager who is not licensed puts a sign in the lobby: 'Flats for sale and rent — contact management office, we arrange everything'. Which statement is correct?

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An original question written to the published EAQE syllabus. Figures in the explanation carry their effective dates; check them against the current law before relying on them. Independent exam practice. Not affiliated with or endorsed by the Estate Agents Authority (EAA) or the examination administrator.