Application for Registration of NCR-Based Real Estate Brokers and Salesmen
Download Application Form
LEGAL BASIS:
- HLURB under PD 957 as amended, is empowered to register real estate brokers and salesmen dealing in condominium, farmlots, memorial parks and subdivision projects.
SCOPE:
GUIDELINES ON APPLICATION:
- All applications shall be filed with Records Section.
- Only applications with complete requirements shall be accepted for processing.
- Follow up shall only be allowed on the date specified in the Official Receipt issued by the Office.
- During peak season (January-March), fifteen (15) working days
- During off-season (April-onwards), one (1) week from filing
REQUIREMENTS:
| Corporation/Individual Applicant |
New |
Renewal |
| Application Form |
1 copy |
1 copy |
| 1 x 1 ID pictures |
1 copy |
1 copy |
| Latest REB Certificate |
--- |
1 copy |
| Latest NBI or RTC clearance |
1 copy |
(if 5 yrs.+ of non renewal)
|
| Cash Bond or Surety Bond (P5,000.00) |
1 copy |
1 copy |
| Proof of Education Attainment |
1 copy |
--- |
| Processing fee |
P510.00 |
(+penalty if any) |
| Sales Agent |
New |
Renewal |
| Application form |
1 copy |
1 copy |
| 1 x 1 ID picture |
1 copy |
1 copy |
| Proof of Educational Attainment |
1 copy |
--- |
| NBI or RTC clearance |
1 copy |
--- |
| Latest REB certificate |
--- |
1 copy |
| Cash Bond or Surety Bond (P1,000.00) |
1 copy |
1 copy |
| Endorsement from the employer |
1 copy |
1 copy |
| Current copy of REB Certificate of Registration/License of the employer issued by HLURB/DTI |
1 copy |
1 copy |
| Processing fee |
P210.00 |
(+penalty if any) |
DURATION OF REGISTRATION AND ITS RENEWAL:
Every registration under shall expire on the 31st day of December of each year. Renewal of registration for the succeeding year starts in the first working day of January until 31st day of each year. All applications filed beyond said period shall be penalized as follows:
| Period |
HLURB |
| If licensee renews the certification within thirty (30) days after its expiry date (within the year). |
surcharge of P200.00 in addition to the basic fee |
| If renewal is made after one or more years |
surcharge of P200.00 for each year of non-renewal plus the basic fee for the current year only |
| Other Charges |
HLURB |
| Change of Address |
P50.00 |
| Lost I.D./Certificate |
50.00 |
| Certified true copy |
50.00 |
| Certification |
210.00 |
CASH BOND OR SURETY BOND:
Applicant broker/salesmen shall submit a bond in the amount of P5,000.00/P1,000.00, respectively, in favor of DTI/HLURB. It may either be of the following:
- Cash bond
- Surety bond
- Bonds of the Republic of the Philippines
- Certification from a recognized real estate association that it guarantees the faithful and honest discharge by the applicant, as well as salesmen working under him, of their duties and shall be liable to any and all persons who may suffer loss by reason of such failure up to the amount of P5,000.00.
DETAILED PROCEDURES:
| Activities |
Responsible Party |
- Issues application forms
- Receives application form and supporting documents
- Checks if the documents submitted are in order and authenticated
- Assesses fees
- Prepares and Issues Order of Payment
|
Records Officer |
- Collects payments & issues Official Receipt
|
Cashier |
|
|
Records Officer |
- Evaluates submitted documents with regard to completeness and authenticity
- Records on the Official Registry Book and assigns license no. (if new applicant) and control no.
|
Evaluator/Processor |
- Encode & prepares certificate
|
Encoder/Typist |
- Photocopy the certification
- Initial the Certificate
|
Evaluator/Processor |
|
|
Regional Director of HLURB
|
|
|
Secretary |
- Releases Certificate to the applicant upon presentation of O.R.
- Files the application and the supporting documents on respective applicant’s file
|
Records Officer |
Download Application Form |
Questions Concerning Real Estate Brokers and Salesmen
FAQs
Revocation of Registration as Brokers and Salesmen
Registration may be refused or any registration granted be revoked by the Board, if, after reasonable notice and hearing, it shall determine that such applicant or registrant:
- Has violated any provisions of Section 11 of PD 957 or any rules or regulations being implemented;
- Has made a material false statement in his application for registration;
- Has been guilty of a fraudulent act in connection with any sale of a subdivision lot or condominium unit;
- Has demonstrated his unworthiness, to transact the business of broker or salesman, as the case may be.
In case of charges against salesman, notice thereof shall also be given the broker employing such salesman.
Pending hearing of the case, the Board shall have the power to order the suspension of broker’s or salesman’s registration provided that such order shall state the cause for the suspension.
The suspension or revocation of the registration of a broker shall carry with it all the suspension or revocation of the registrations of all his salesmen.
In cases, the licensed brokers or salesmen decided to voluntary cease from further engaging in the real estate business, the broker or salesman shall surrender his Certificate of Registration to the Board and his/her name shall be cancelled from the Books of Register.
Voluntary Cancellation of Registration
In case the broker or salesman decided to discontinue his practice as a real estate agent, the broker or salesman may apply in writing with the Board for the temporary cancellation of his registration provided that said broker or salesman must renew his/her license for the current year. If this was undertaken, and the broker or salesman decided to continue his/her practice after a period of time, shall not be penalized by the Board and/or the DTI for his/her non-renewal of registration. |
