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Tuesday, May 21, 2013

Petition : For Developers to Stop the Hiring of Unlicensed Real Estate Practitioners

To All PRC-Licensed Real Estate Service Practitioners :

Please support this petition for real estate developers to stop the hiring of unlicensed real estate practitioners in compliance with the Implementing Rules and Regulations of R.A. 9646 (The Real Estate Service Act of the Philippines) specifically ---Rule IV Section 29---

SECTION 29. Prohibition Against the Unauthorized Practice of Real Estate Service. No person shall practice or offer to practice real estate service in the Philippines or offer himself/herself as real estate service practitioner, or use the title, word, letter, figure or any sign tending to convey the impression that one is a real estate service practitioner, or advertise or indicate in any manner whatsoever that one is qualified to practice the profession, or be appointed as real property appraiser or assessor in any national government entity or local government unit, unless he/she has satisfactorily passed the licensure examination given by the Board, except as otherwise provided in these Rules is a holder of a valid certificate of registration and professional identification card or a valid special/temporary permit duly issued to him/her by the Board and the Commission; and, in the case of real estate brokers and private appraisers, they have paid the required bond as hereto provided.

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