Legal basis
- Law on Real Estate Business 2014
- Law on Investment in 2020
- Decree 76/2015/ND-CP detailing a number of articles of the Law on Real Estate Business.
- Circular No. 13/2008/TT-BXD of the Ministry of Construction.
- Official Letter 1436/BXD-QLN 2015 implementing the Law on Housing 2014 and Law on Real Estate Business 2014 issued by the Ministry of Construction
Content
Within the scope of this article, we provide the legal provisions on real estate trading floor service business. Real estate trading floors mean places where real estate sale, transfer, lease, sublease, or lease purchase transactions are carried out. Establishment and announcement of information concerning the real estate trading floor is as follow:
First, Any entity that wants to establish a real estate trading floor (hereinafter referred to as the trading floor) must satisfy all of conditions prescribed in Article 69 of the Law No. 66/2014/QH13 on real estate trading as follow:
- Any organizations or individuals who wish to provide real estate trading floor service must establish the enterprise;
- The real estate trading floor enterprise must have at least 02 employees obtaining broker license;
- The manager of real estate trading floors must obtain a broker license;
- A real estate trading floor must have regulations, name, address, facilities and technical satisfying requirements in terms of operation.
Second, the entity establishing the trading floor must provide information about the established trading floor to the Department of Construction of province or central-affiliated city where the trading floor is located or the Housing and Real Estate Market Management Agency. Department of Construction and the Housing and Real Estate Market Management Agency shall assume responsibility to post information provided by the entity establishing the trading floor on their websites for management.
Third, Information provided consists of:
- Name of the enterprise establishing the trading floor, full name of legal representative of the enterprise, and the enterprise’s address;
- Name of the trading floor, date of establishment, location and telephone number of the trading floor, and full name of the trading floor’s manager.
Fourth, If there is any change of the information prescribed as above or when the trading floor’s activities are terminated or the trading floor is dissolved or declared bankrupt, the enterprise establishing the trading floor must report to the agencies in charge of posting information relating to the trading floor to modify or remove announced information
Above is our consultancy about this issue. If you need more detailed advice and answers as well as how to access this service, please contact directly the Deputy Director of Sales: Lawyer Nguyen Duc Trong via hotline: 0912.35.65.75, 0912.35.53.53 or call the free legal consultation hotline 1900.6575 or send a service request via email: info@hongbanglawfirm.com hoặc lienheluathongbang@gmail.com
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