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Ever since RA 9646, more commonly known as the RESA Law, took effect, getting a real estate license has become a big deal, at least for those who don’t want to violate the RESA Law. But how do you verify if someone has a valid real estate broker license or realtor license? I believe one [...]
Real Estate Laws
The last batch of Real Estate Consultants, Real Estate Brokers, and Real Estate Appraisers approved for registration without examination for 2011 was recently released by the Professional Regulatory Board of Real Estate Service or PRBRES. The December 2011 batch was approved through PRBRES Resolutions No. 24 and 25, series of 2011 which were posted in PRC’s website last [...]
That’s probably the most frequently asked question I’ve been getting lately which is why I created this compilation of Comprehensive Real Estate Seminar (CRES) review centers for the upcoming 2012 Real Estate Brokers Exam. The next real estate brokers exam is to be conducted by the PRC next year on March 18, 2012. (Yes, the next [...]
The Professional Regulatory Board of Real Estate Service or PRBRES, has recently released the November 2011 list of Real Estate Brokers, Real Estate Appraisers, and Real Estate Consultants approved for registration without examination. This is through PRBRES Resolutions No. 20 and 21, series of 2011 which were posted in PRC’s website. The complete list of [...]
The long wait is over, the Professional Regulation Commission or PRC has just released the official PRC Licensure Exam Schedules for 2012 at their website and it includes the licensure exam schedules for Real Estate Brokers, Real Estate Appraisers, and Real Estate Consultants. Actually, I’ve been hearing a lot of “rumors” pertaining to the date for [...]
In an announcement posted at their website, the PRC and the PRBRES has released the September 2011 list of Real Estate Brokers brokers approved for registration without examination. This is in accordance with Sec. 20, Article III of R.A. No. 9646 known as the “Real Estate Service Act of the Philippines”, and Sec. 20, Rule III of [...]
Republic Act 9182, also known as The Special Purpose Vehicle (SPV) Act of 2002, was signed into law to help Philippine banks get rid of their non-performing assets or NPAs. By helping banks clean up their balance sheets, RA 9182, which is also often referred to as the SPAV law, aims to help stimulate the [...]
The guidelines for the PRC accreditation of Real Estate Salespersons was finally published last August 16, 2011, through Resolution No. 13 (Series of 2011), of the Professional Regulatory Board of Real Estate Service or PRBRES. The said resolution is an amendment to Section 31, Rule 4 of PRBRES Resolution No. 2 (Series of 2010), which is the Implementing [...]
If you are one of those covered by the “grandfather clause” of the RESA law, and you were able to beat the deadline for the filing for your application for registration without examination, then this post is for you. In a recent announcement posted at PRC’s website, the PRBRES released the August 2011 batch of [...]
The PRC has just released the July 2011 Real Estate Appraisers Exam results. 541 out of 955 examinees passed the Real Estate Appraiser Licensure Exam conducted by the PRBRES in Manila, Baguio, Cebu and Davao last July 31, 2011, with a passing rate of 56.6%. The exam results were released in just 3 days after [...]
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