How Can You Revive a Real Estate License in the Philippines?

Replies to This Discussion

Permalink Reply by Ana " Lottie Bersamin "Adona on January 25, 2010 at 2:09pm

DTI and HLURB. u can inquire with them

▶ Reply to This

Permalink Reply by MARIS S. TABOR on January 25, 2010 at 10:29pm

hi Mike since all Phil. Real Estate matter including licensing was transferred from DTI to PRC - Phil. Regulation Commission due to the new law (Real Estate Service Act Law REP. ACT 9646) we are waiting for the Implementing guidElines from the board, However they requested PRC to allow DTI for the meantime to facilitate the renewal of 2009 expired BROKERS licensed....

▶ Reply to This

Permalink Reply by Mike on January 26, 2010 at 12:05am

Thank you Ladies!

One of our cool members sent me this:

TO ALL REAL ESTATE DEVELOPERS & REAL ESTATE SERVICE PRACTITIONERS


“Pending the appointment of the Chairman and Members of the Professional Regulatory Board of Real Estate Service (PRBRES), pursuant to Republic Act No. 9646, all Real Estate Brokers, Real Estate Appraisers and Real Estate Consultants, whose licenses issued by the Department of Trade and Industry (DTI) expired on December 31, 2008 and onwards, are required to file their application for registration without examination under Section 20, Article III of R.A. No. 9644 [sic? 9646] from January 12, 2010 to July 30, 2011, stamped received by the Professional Regulation Commission and/or the PRBRES. Such application shall be deemed proof of authority for the lawful exercise of their profession until such time that the PRC and the PRBRES shall have approved it.


For the guidance of all concerned, the contact address of the PRC is P. Paredes St., Sampaloc, Manila.

▶ Reply to This

Permalink Reply by Butch Bernardo on January 26, 2010 at 1:36am

Thank you Mike.

This is interesting, hope you won't mind my joining in.

Q. Does anyone know if a Phil. broker's license can still be renewed if it expired in Dec. 1991 ?

Thanks.

▶ Reply to This

Permalink Reply by Gay Z. Castañeda on January 26, 2010 at 2:34am

Answers to your question remains to be seen pending result of the IRR committee discussion. Since your license was caught inactive at the passage of the law just last July 30, 2009, and there is no CEP to enroll at which is a requirement for renewal, the IRR committee result will clear this all. We have lots of licensed realtors in your category. Let's pray for the best for now.

▶ Reply to This

Permalink Reply by Butch Bernardo on January 26, 2010 at 3:03am

Hello!

Thank you very much for your response, but I'm sorry if I ask another thing, what is an IRR committee? and what is a CEP to enroll? What will be the status of the licensor having this conditions?

▶ Reply to This

Permalink Reply by Gay Z. Castañeda on January 26, 2010 at 3:30am

IRR stands for Implementing Rules and Regulations which will clear all questions about the RESA (Real Estate Service Act) Law once they are assimilated to the general rules. CEP stands for Continuing Education Program units which, as licensees, we know is a requirement every three years for all of us to take for DTI to renew our licenses.

Licensees with valid of updated license in 2008 until July 30, 2009, date of RESA implementation (as indicated in the recent joint pronouncement of DTI and PRC as shown above by Mike), are considered active by PRC. Hence, those without valid licenses at the dates indicated are now awaiting IRR result.

If you have an email, will email to you the RESA Law for your study and guidance.

▶ Reply to This

Permalink Reply by Butch Bernardo on January 26, 2010 at 4:02am

Thank you very much. I appreciate your concern.
My email address is: butchdb@gmail.com

Thanks again in advance.

▶ Reply to This