PEPS MEMBERSHIP GUIDELINES
Class of Membership
- Ordinary Membership
- Any person or firm wishing to become a Member shall satisfy the following conditions: –
(a). An individual person who is not registered with BOVAEP under Clause 4.2.1. may become a Graduate Member and must possess an academic qualification duly recognised by the Association and BOVAEP.
(b). The Association shall from time-to-time update and maintain a list of academic qualifications duly recognised and for this purpose.
(c). A Graduate Member shall NOT have the right of voting at all general meetings and shall NOT be eligible to be elected as a member of the Executive Committee of the Association.
(a). He must either be a Registered Valuer and Property Consultant, a Registered Property Manager, a Registered Estate Agent of a firm of Registered Valuer and Property Consultants, a firm of Registered Property Managers or a firm of Registered Estate Agents.
(a). A Firm must be practising Valuation or Estate Agency or Property Management duly registered and licensed to practise by BOVAEP.
(b). A Firm shall nominate one of its partners or shareholders as their representative who is authorised to exercise the rights with regard to the
membership of the Association. This representative may be substituted or replaced by the Firm at any time by a notification in writing to the Association. The representatives must be registered and licensed to practise by BOVAEP.
(c). A Firm shall, through its appointed representative, exercise the right of voting at all general meetings and its authorised representative shall be eligible to be elected as a member of the Executive Committee of the Association.
Designation Of Ordinary Membership
- Every member shall be entitled to use after his or her name the initials MPEPS (that is Member of the Persatuan Penilai, Pengurus Harta, Ejen Harta & Perunding Harta Swasta Malaysia).
- Every member shall observe and be guided by the following provisions of the Code of Professional Conduct: – Every member shall order his conduct so as to uphold the dignity, standing and reputation of the profession; – Every member shall be remunerated solely by the fees payable by his client under rules of the Board of Valuers, Appraisers & Estate Agents Malaysia;
- Every member shall not, directly or indirectly, attempt to supplant another member nor shall he intervene or attempt to intervene in or in connection with work of any kind which to his knowledge has already been entrusted to another member nor shall he review or take over the work of that of the other member acting for the same client, until he has either obtained the consent of that member or has been formally notified by the client that the appointment of that member has been properly terminated;
- Every member shall declare any possible conflict of interest before he accepts any interest to carry out any professional work;
- Every member shall not maliciously injure or attempt to injure, whether directly or indirectly, the profession, reputation, prospects or business of another member;
- No member shall offer any financial inducement to secure instructions; – Every member shall in addition adhere to the rules and the Code of Conduct prescribed by the Board of Valuers, Appraisers & Estate Agents Malaysia.
Application For Ordinary Membership
- PEPS welcome applications from Valuers, Property Managers, Estate Agents and Property Consultants in the private sector in Malaysia to join PEPS. Please download the Application Form from the screen.