Must have real estate broker certificate 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; guidance on training and fostering knowledge of real estate brokerage practice, management of real estate trading floors; establishment and organization of real estate trading floor activities.

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

Accordingly, candidates for the real estate brokerage practice certificate must take compulsory exams on the following subjects: laws related to real estate business; real estate market; real estate investment; anti-money laundering in real estate business. The professional knowledge section includes: Overview of real estate environmental services; real estate brokerage processes and skills; and handling real-life situations.

Candidates with a valid foreign-issued real estate brokerage certificate and in case of re-issuance of a certificate due to the expiration of the old certificate only have to take the basic knowledge test, 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