RESPrep
Start free

RES exam question on Regulation & the CEA Framework: NOT a condition of her renewal

MediumRegulation of the Estate Agency Industry · Paper 2

Salesperson Grace's agency is preparing her renewal in CEA's 2026 renewal exercise. She was first registered in 2021 and has had no disciplinary findings. Her KEO lists what must be in place before CEA will approve the renewal. Which of the following is NOT a condition of her renewal?

  1. ACompleting at least 16 CPD training hours in the 2026 cycle, 1 January to 31 December
  2. BBeing up to date with her MediSave contributions to the CPF Board
  3. CTaking out her own professional indemnity policy to cover her work from January 2027
  4. DContinuing to meet the fit and proper criteria set out in the Estate Agents Act
Show answer & explanation

Answer

C. Taking out her own professional indemnity policy to cover her work from January 2027

Explanation

Answer: Taking out her own professional indemnity policy for her work from January 2027 is NOT a condition. The agency's policy covers her.Rule: To renew, a salesperson must meet the CPD and MediSave requirements and remain fit and proper. Professional indemnity insurance is the estate agent's obligation: its policy covers the agency and all its salespersons.Source: CEA, Renewal of salesperson registration and Renewal of estate agent licence (cea.gov.sg, read 1 Oct 2026); CEA, CPD framework; Estate Agents Act 2010, s 3(2); CEA, Apply for an estate agent licence

Why the other options are wrong

  • 16 CPD hours in the 2026 cycle: A condition. From 1 January 2026 CPD is 16 training hours per 1 January to 31 December cycle.
  • Up to date with MediSave contributions: A condition. Renewal requires the CPF Board's MediSave requirement to be met.
  • Remaining fit and proper: A condition. The salesperson must remain fit and proper under the Act.

Study the concept behind this question: Estate Agent Licensing vs Salesperson Registration (CEA)

Practise more Regulation of the Estate Agency Industry questions

Drill the full Regulation of the Estate Agency Industry bank with instant answers and explanations — free to start, no card needed.

Practise Regulation of the Estate Agency Industry →More sample questions

Try a timed set: sit a free RES mock exam, no sign-up needed. Or see the passes for the full question bank.

Related Regulation of the Estate Agency Industry questions

Get each day's lesson free — one RES topic + the trap, every day on Telegram.

Join @resprepsg →

Original study material mapped to the public CEA RES syllabus. Verify any rate-based figures against current IRAS/CPF/MAS rules before relying on them.