Archive for the Resa Law Category
Posted on October 29, 2011 by admin
AFTER nearly 22 years, real estate service practitioners in the Philippines will be professionalized and will have to get licenses from the Professional Regulatory Commission, as the Real Estate Service Act took effect Thursday. The Real Estate Service Act of the Philippines, which aims to “safeguard and protect legitimate licensed real estate service practitioners,” will [...]
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Posted on October 29, 2011 by admin
MANILA, Philippines – The new Real Estate Service Act of the Philippines, Republic Act No. 9646 (RESA), will professionalize 30,000 practitioners in the country and develop a corps of competent consultants, appraisers, brokers and assessors, both private and public, who can maximize the potentials of the industry. This was the pronouncement of Dr. Eduardo G. [...]
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Posted on October 29, 2011 by admin
By: Atty. Manuel M. Serrano MANILA, Philippines – Throughout the country real estate developers are up in arms over certain provisions of R.A. 9646, also known as the “Real Estate Service Act of the Philippines” (RESA), which regulates the practice of real estate service in the Philippines, creating for the purpose a Professional Regulatory Board [...]
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Posted on June 1, 2011 by admin
The answer to that is yes the RESA law is prohibiting unlicensed Sales Person to sell properties that they don’t own and no if they lawfully own the property that they are selling, a trustee or assignee in bankruptcy or insolvency proceedings and any person acting pursuant to the order of any court of justice [...]
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