Real estate broker certificate required to practice from February 16

According to regulations of the Ministry of Construction, from February 16, real estate brokers must take an exam and have a certificate to practice.

The Ministry of Construction has just issued Circular No. 11/2015/TT-BXD regulating the granting of real estate brokerage practice certificates; guiding the training and fostering of knowledge of real estate brokerage practice, management of real estate trading floors; the establishment and organization of activities of real estate trading floors.

According to new regulations, real estate brokers must have a certificate (illustrative photo: KT)

Accordingly, candidates for the exam to be granted a real estate brokerage practice certificate must take mandatory exams on contents such as laws related to real estate business; real estate market; real estate investment; prevention and control of money laundering in real estate business. The professional knowledge section includes: Overview of real estate environmental services; real estate brokerage processes and skills; and solving practical situations.

Candidates with a valid foreign-issued real estate brokerage certificate and in case of re-issuance of the certificate due to the expiration of the old certificate, only the basic knowledge test is required, not the professional knowledge test. Candidates must meet the following conditions: Have full civil capacity, not be under criminal prosecution or serving a prison sentence; have graduated from high school or higher; have submitted the application and examination fee to the examination organizing unit according to regulations.

Also according to regulations, organizations and individuals establishing real estate trading floors must establish a business; real estate trading floors must have at least 2 people with real estate brokerage practice certificates. The manager and operator of the real estate trading floor must have a real estate brokerage practice certificate. The real estate trading floor must have a minimum area of ​​50m2 - and technical equipment that meets operational requirements.

According to VOV.VN