Procedures for issuance of a real estate brokerage practice certificate in Vietnam
In addition to procedures such as confirmation of marital status; birth extract, etc; The exchange and purchase of real estate is also very much interested. Those who have ever participated in buying and selling houses must have used intermediaries and brokers. They have the duty to provide real estate information to requesters; receive commissions from those transactions. To become a properly functioning real estate agent, they require the law to have the appropriate certification. What is the procedure for obtaining a real estate brokerage license? Lawyer X received the following question.
Legal grounds:
Law on real estate business 2014
Certification conditions
To receive a certificate, in addition to having to meet the conditions for doing business in real estate brokerage services; the requester must undergo test discrimination and achieve the minimum score to pass the test. In addition, it is necessary to prepare a set of documents as follows:
- 01 application form with color photo of size 4x6cm, taken within 06 months from the date of registration.
- Besides, a certified true copy of ID card for Vietnamese people or passport for foreigners (or original copy for comparison).
- Particularly, a certified true copy of Certificate of completion of the training course on knowledge of real estate brokerage practice (if any).
- Certified copy of high school diploma (or equivalent) or higher.
- Moreover, two color photos of size 4x6cm taken within 06 months from the date of contest registration, 02 stamped envelopes clearly stating the recipient’s name, phone number and address.
- Lastly, one certified true copy and translation of a foreign-issued certificate (for foreigners and Vietnamese with a valid foreign-issued real estate brokerage practice certificate).
Certification Procedure
Step 1: Approve exam results
After submitting the application, the certificate applicant will have to undergo a test of knowledge related to the profession of real estate broker. After the exam, the Chair of the Examination Council shall report to the Director of the Department of Construction on the process of organizing the exam; and approve the exam results at the request of the exam organizing unit.
Step 2: Make a list of certificate holders
On the basis of the report of the Chair of the examination board; and the exam results are approved by the Chair of the Examination Council, the Director of the Department of Construction approves the list of individuals who are granted certificates.
Based on the decision to approve the list of individuals to be granted certificates, the test organizing unit is responsible for transferring the photocopies of the test and their records to the Department of Construction for certification.
Related article:
Guidelines for drafting the latest company charter 2022 in Vietnam
Certificate of incorporation established in Vietnam
Step 3: Get the certificate
Within 10 working days from the date of receipt of a complete and valid application, the Department of Construction shall print it; and issue the certificate.
Re-issuance of real estate brokerage practice certificate
The certificate holder is lost, torn, burned, or destroyed due to natural disaster; or other force majeure reasons, the certificate will be re-issued
Dossier to prepare
A dossier of application for re-issuance of the certificate shall submit to the Department of Construction that has granted the certificate, including:
– Application for re-issuance of certificate with photo.
– Besides, two photos of size 4x6cm taken within 06 months from the date of application submission.
Old certificate (if any).
Order and procedures for implementation
Within 10 working days from the date of receipt of a complete dossier as prescribed, the Department of Construction that has issued the certificate is responsible for re-checking the dossier; and re-issuance of the certificate (specify re-issue in the certificate).
So, the applicant for re-issuance of the certificate shall pay VND 200,000 to the Department of Construction, to prepare for the re-certification.
The certificate can only be re-issued once, the certificate number is the old certificate number. Moreover, the re-issued certificate is valid for 5 years from the date of issue of the old certificate.
Frequently asked questions
The certificate is valid for use nationwide for a period of 5 years from the date of issuance.
The certificate holder must comply with the following regulations:
– Do not modify or erase the contents of the certificate;
– Particularly, not to rent, lend or let other organizations and individuals use their names and certificates to carry out activities related to real estate brokerage practice;
– Not to be used for other purposes that are not regulated by law.
Services of Lawyer X
Prestigious professional service: Firstly, team of consultants and consultants for many years in the field of civil status, customer support.
On-time:
Besides, with the motto “Getting a lawyer right at your fingertips”, we ensure that the service always performs on time. The rights and interests of customers always come first.
Cost: Moreover, Lawyer X’s service costs are highly competitive costs that guaranteed to be the most suitable and economical for customers.
Confidentiality of client information: All personal information of clients Lawyer X will be 100% confidential.
Please contact us immediately if you have any questions about “Procedures for application of a real estate brokerage practice certificate in Vietnam”
Contact LSX Lawfirm
Finally, hope this article is useful for you to answer the question about: “Procedures for issuance of a real estate brokerage practice certificate in Vietnam”. If you need any further information, please contact LSX Law firm: +84846175333 or Email: [email protected]
Conclusion: So the above is Procedures for issuance of a real estate brokerage practice certificate in Vietnam. Hopefully with this article can help you in life, please always follow and read our good articles on the website: lsxlawfirm.com
