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SQESalespersons Qualifying Examination✓EAQEEstate Agents Qualifying ExaminationWhich of the following are responsibilities of a licensed estate agent company under the Estate Agents Ordinance or its subsidiary legislation? (i) Ensuring each office is under the separate control of a manager with an estate agent's licence (ii) Notifying the EAA within 31 days when a salesperson leaves (iii) Establishing proper procedures and systems to supervise its staff (iv) Paying each salesperson's CPD course fees
Answer: (i), (ii) and (iii) only. (i) True. Section 38 requires effective and separate control by a licensed manager. (ii) True. Section 40 requires notice within 31 days (Form 9). (iii) True. Section 15 of the Practice Regulation requires proper procedures and systems for effective control. (iv) False. No law requires the agency to pay staff CPD fees. Rule: Estate agents must ensure effective control of offices and staff and give statutory notices of staffing changes. Source: Estate Agents Ordinance (Cap. 511), sections 38 and 40; Practice Regulation (Cap. 511C), section 15; as at Oct 2026
Inventing obligations such as paying for staff CPD.
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