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MinLaw formulates policies and strategies in help of Singapore's drive towards an innovation-driven economic system. Particular features embrace guaranteeing a robust domestic IP protection and enforcement regime that's aware of our financial wants; fostering the growth of a vibrant IP companies sector, and developing Singapore as an Asian IP hub.

II.Qualifications Equivalent to REA examination Name of Qualifications Issuing Physique Bachelor of Science (Real Property) Nationwide University of Singapore Bachelor of Science (Property Management) Bachelor of Actual Estate (Property Management) Bachelor of Real Estate (Valuation) Diploma In Constructing Administration Ngee Ann Polytechnic Diploma In Building & Actual Property Administration Diploma in Real Property Business Diploma In Property Growth & Services Management Singapore Polytechnic Diploma In Constructing & Property Administration

A leasehold title confers possession upon the purchaser in the course of the lease. On expiry of the lease, the title in the property revert to the State. There are two forms of leasehold land tenure, 999-12 months leasehold or 99-yr leasehold.The more widespread kind is the 99-12 months leasehold land, which is actually land leased from the federal government for ninety nine years. The proprietor who receives a lease rent which may be paid month-to-month, quarterly, annually or in lump sum for the entire interval of the lease. Once the lease expires, the lease reverts back to the proprietor.

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