After months of uncertainty, there is finally hope that the implementing rules and regulations or IRR of the Real Estate Service Act (RESA) will finally be drafted once the charter members of the board and chairman of the Professional Regulatory Board of Real Estate Service or PRBRES are inducted today, March 26, 2010, as reported [...]
Recently, the PRC and DTI issued a joint announcement on the filing of application for registration without examination with the PRC, for those whose licenses issued by the DTI have expired on December 2008 and onwards. This is good news for affected real estate service practitioners that include real estate appraisers, real estate brokers, and [...]
Republic Act (R.A.) No. 9646, or The Real Estate Service Act of the Philippines which is more commonly referred to as the RESA law has been signed into law by president Gloria Macapagal-Arroyo last June 29, 2009. As mentioned in this article, it hopes to professionalize and regulate the practice of real estate in the [...]
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