Monday, September 16, 2013

WELCOME TO HOME DISTRICT PHILIPPINES! Your No.1 Real Estate Service Provider in the Metro



WELCOME TO HOME DISTRICT PHILIPPINES!

Your No.1 Real Estate Service Provider. 

Feel Free to brows through our Listing. We will update the list from time to time, depending on availability of a property. If you have any questions of concerns, you can reach us through the contact information below.

Thank you and happy tripping!

In need of a place to live?
Do you have a property for sale?
Would you like to rent a building?
Are you interested in leasing a warehouse?
Planning to buy a beach resort or an island?


HOME DISTRICT PHILIPPINES is the answer to ALL your real estate problems. The solution to ALL your realty needs. We have what you want. Otherwise, we WILL find it for YOU.

For more information and available properties pls. look for:

Mellie N. Ku, Realtor®
REB NCR 19993
PRC Reg No. 0000250
HLURB Registered
PAREB-QCRB-NAR

Mobile: +63917-5484000
Landline: +632-5856599

Pls. view our complete listing at:

Be Safe, Deal Only with Licensed Real Estate Brokers!

Welcome to HDP!

WELCOME TO HOME DISTRICT PHILIPPINES!

Feel Free to brows through our Listing. We will update the list from time to time, depending on availability of a property. If you have any questions of concerns, you can reach us through the contact information below.

Thank you and happy tripping!

Mellie N. Ku, Realtor®
REB NCR 19993
PRC Reg No. 0000250
HLURB Registered
PAREB-QCRB-NAR

Mobile: +63917-5484000
Landline: +632-5856599


Pls view our complete listing at:

 
http://santelmo.sulit.com.ph
http://www.facebook.com/homedistrictph


Be Safe, Deal Only with Licensed Real Estate Brokers!

Wednesday, November 10, 2010

Real Estate Service Act of the Philippines (IRR: RA9646) Part 5

SEC. 32. Corporate Practice of Real Estate Service

(A) No partnership or corporation shall engage in the business of real estate service practice unless it is duly registered with the Securities and Exchange Commission (SEC), and the persons authorized to act for the partnership or corporation are all duly registered and licensed brokers, appraisers or consultants, as the case may be. The partnership or corporation shall regularly submit a list of its real estate service practitioners to the Commission and to SEC as part of its annual reportorial requirements. There shall be at least one (1) licensed real estate broker for every twenty (20) accredited salespersons.

(B) Divisions or departments of partnership and corporation engaged in marketing or selling any real estate development project in the regular course of business must be headed by full-time registered and licensed real estate brokers.

C) Branch offices of real estate brokers, appraisers or consultants must be manned by a duly licensed real estate broker, appraiser or consultant as the case may be.

In case of resignation or termination from employment of a real estate service practitioner, the same shall be reported by the employer to the Board within a period not to exceed fifteen (15) days from the date of effectivity of the resignation or termination.

Subject to the provisions of the Labor Code, a corporation or partnership may hire the services of registered and licensed real estate brokers, appraisers or consultants on commission basis to perform real estate services and the latter shall be deemed independent contractors and not employees of such corporations.

SEC. 33. Display of License in the Place of Business

Every registered and licensed real estate service practitioner shall establish and maintain a principal place of business and such other branch offices as may be necessary, and shall conspicuously display therein the original and/or certified true copies of his/her certificate of registration and professional identification card as well as the certificates of registration and professional identification cards of all the real estate service practitioners employed in such office.

SEC. 34. Accreditation and Integration of Real Estate Service Associations

All real estate service associations shall be integrated into one (1) national organization, which shall be recognized by the Board, subject to the approval of the Commission, as the only accredited and integrated professional organization of real estate service practitioners pursuant to PRC Res. No. 2004-178 Series of 2004.

A real estate service practitioner duly registered with the Board shall automatically become a member of the accredited and integrated professional organization of real estate service practitioners, and shall receive the benefits and privileges appurtenant thereto; Provided, That the Board, subject to the approval by the Commission, shall issue a Resolution on the membership and payment of the fee therefor as a requirement for the renewal of the Professional Identification Card. The automatic membership in the accredited and integrated professional organization of real estate service practitioners shall not be a bar to membership in other associations association of real estate service practitioners.

SEC. 35. Code of Ethics and Responsibilities for Real Estate Service Practitioners
The Board shall adopt and promulgate the Code of Ethics and Responsibilities for real estate service practitioners which shall be prescribed and issued by the accredited and integrated professional organization (AIPO) of real estate service practitioners.

SEC. 36. Continuing Professional Education (CPE) Program

The Board shall develop, prescribe and promulgate guidelines on CPE upon consultation with the accredited and integrated professional organization of real estate service practitioners, affiliated association of real estate service practitioners and other concerned sectors, and in accordance with such policies as may have been prescribed by the Board, subject to the approval of the Commission. The Board shall create a CPE Council that shall be composed of a chairperson coming from the Board, a member from the accredited and integrated professional organization of real estate service practitioners and a member from the academe.

SEC. 37. Enforcement Assistance to the Board

The Board shall be assisted by the Commission in carrying out the provisions of the R.A. No 9646 and the IRR and other policies. The lawyers of the Commission shall act as prosecutors against illegal practitioners and other violators of R.A. No 9646 and the IRR. The duly constituted authorities of the government shall likewise assist the Board and the Commission in enforcing the provisions of the R.A. No 9646 and the IRR.

SEC. 38. Indication of the Certificate of Registration, Professional Identification Card Number, and Privilege Tax Receipt (PTR) Number, and Accredited Integrated Professional Organization (AIPO) Number

Real Estate service practitioners shall be required to indicate the certificate of registration, professional identification card, PTR Number, and AIPO membership and/or receipt number, and the date of issuance and the duration of validity on the documents he/she signs, uses or issues in connection with the practice of his/her profession.


RULE V
PENAL AND FINAL PROVISIONS

SEC. 39. Penal Provisions

Any violation of the R.A. No 9646, including violations of this IRR, shall be meted the penalty of a fine of not less than one hundred thousand pesos (P100,000.00) or imprisonment of not less than two (2) years, or both such fine and imprisonment upon the discretion of the court. In case the violation is committed by an unlicensed real estate service practitioner, the penalty shall be double the aforesaid fine and imprisonment.

In case the violation is committed, by a partnership, corporation, association or any other juridical person, the partner, president, director or manager who has committed or consented to or knowingly tolerated such violation shall be held directly liable and responsible for the acts as principal or as a co-principal with the other participants, if any.

SEC. 40. Appropriations

The chairperson of the Professional Regulation Commission shall immediately include in the Commission’s programs the implementation of R.A. No 9646 and the IRR the funding of which shall be included in the annual General Appropriation Act and thereafter.

SEC. 41. Transitory Provisions

Within ninety (90) days from the effectivity of the R.A. No 9646, the DTI - Bureau of Trade Regulation and Consumer Protection (BTRCP) shall transfer all pertinent records, documents and other materials to the Professional Regulatory Board of Real Estate Service.

SEC. 42. Implementing Rules and Regulations

Within six (6) months after the effectivity of the R.A. No. 9646, the Commission, together with the Board, and the accredited and integrated professional association of real estate service practitioners, and the CHED, shall prepare the necessary rules and regulations, including the Code of Ethics and Responsibilities for real estate service practitioners, needed to implement the provisions of the R.A. No 9646. The Board shall issue and promulgate a resolution for the IRR subject to review and approval by the Commission.

Nothing in R.A. No. 9646 and the IRR shall be construed or interpreted to the effect or prevent the practice of any other profession legally regulated by any other professional regulatory law.

SEC. 43. Separability Clause

If any clause, sentence, paragraph or part of the IRR shall be declared unconstitutional or invalid, such judgment shall not affect, invalidate or impair any other part thereof.

SEC. 44. Repealing Clause

1. Sections 3(e) and (ee) of Act No 2728, as amended by Act No 3715 and Act No 3969, Sections 472 and 473 of the Local Government Code of 1991 (RA 7160), and pertinent provisions of the Civil Service Law are hereby modified accordingly.

2. All laws, decrees, executive orders, memorandum orders and other administrative issuance or parts thereof which are inconsistent with the provisions of the R.A. No. 9646 and/or the IRR are hereby modified, superseded or repealed accordingly.


SEC. 45. Effectivity

This Act shall take effect fifteen (15) days following its publication in the Official Gazette or in a major daily newspaper of general circulation in the Philippines.

Done in the City of Manila this 21st day of July, 2010.

Signed by:

Eduardo Gutierrez-Ong
Chairman

Ramon F. Cuervo III
Member

Bansan C. Choa
Member

Rafael M. Fajardo
Member

Florencio C. Dino II
Member

ATTESTED BY:

Carlos G. Almerol
Secretary, Professional Regulatory Board

APPROVED:

Nicolas P. Lapena, Jr
Chairman, PRC

Antonio S. Adriano
Commissioner, PRC

Nilo L. Rosas
Commissioner, PRC

ANNEX A - Official Seal of the Professional Regulatory Board of the Real Estate Service (PRBRES) [Image is not available]


Click here to Read Page 1 of RESA BILL