Real estate has always been evaluated as an exciting market, receiving a lot of attention from investors so far. There are many ways to do business in this field, but the most common and popular is probably real estate brokerage. So what are the conditions to set up a real estate brokerage company in accordance with current laws? This content will be provided specifically by Viet An Law Firm in the following article.
Real estate brokerage is one of the most popular real estate business activities today. In Clause 2, Article 3 of the Law on Real Estate Business, it is explained that real estate brokerage is an intermediary for the parties in buying, selling, transferring, leasing, subleasing, leasing to buy real estate.
In fact, the real estate agent will perform tasks such as:
Accordingly, individuals or organizations will have to set up a real estate brokerage company to be able to perform and provide real estate brokerage services to customers.
Thus, it can be understood that a real estate brokerage company is a company set up, organized and operating in accordance with the law to carry out real estate brokerage activities. Normally, a real estate brokerage company will usually be set up as an enterprise as a limited liability company and must meet the conditions to set up a real estate brokerage company as prescribed by law.
Real estate brokerage is one of the professions prescribed by law as a conditional business line. Therefore, to be able to set up a real estate business company, it is necessary to meet the conditions specified in Article 62 of the Law on Real Estate Business 2014, specifically including:
Accordingly, Article 68 of the Law on Real Estate Business also stipulates that individuals, if they want to be granted a real estate brokerage practice certificate, need to fully meet the following specific conditions:
In addition, it should be noted that when registering a real estate brokerage business, individuals or organizations can register industry code 6820 (Consulting, brokerage, real estate auction, land use right auction).
After satisfying the conditions to set up a real estate brokerage company, individuals or organizations will carry out procedures to set up a real estate brokerage company in the following steps:
This is the first step to prepare before making documents to set up a real estate brokerage company. Accordingly, it should be noted:
A dossier of registration to set up a real estate brokerage company will include the following specific documents:
Individuals or organizations shall send dossiers to the Business Registration Office where the enterprise is headquartered in one of the following forms:
After receiving the dossier, the Business Registration Office will hand over the Certificate of receipt of the application to the applicant. After that, the Business Registration Office will issue an Enterprise Registration Certificate within 03 working days from the date of receipt of a valid dossier.
However, in case the application is not valid, the Business Registration Office will notify in writing to the requester and guide amendments within 03 working days from the date of receipt of the dossier.
The real estate brokerage company will have to make its own seal with the seal must have the full company name and business code. The number and form of seals will be decided by the enterprise. After engraving the seal, the enterprise will complete the procedures for announcing the seal sample on the National Web Portal.
Within a maximum of 30 days from the date of issuance of the business registration license, the real estate brokerage company will have to publish the contents of business registration on the National Portal in accordance with regulations.
If you have any questions related to the conditions to set up a real estate brokerage company or other legal issues, please contact Viet An Law Firm for the best support!
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