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.
Content
Real estate trading means capital investment in building, purchasing, and receiving real estate for sale, for transfer, for lease, for sublease, or for lease purchase; provision of real estate brokerage services; real estate trading floor services; real estate counseling services or real estate management for profit purposes. Thus, real estate brokerage activities are one of the real estate business activities. Within the scope of this article, we provide the legal provisions on the real estate brokerage service business.
Real estate brokerage means acts as an intermediary between parties in real estate sale, transfer, lease, sublease, lease purchase transactions. Requirements for real estate brokerage service providers are as follow:
- Any real estate brokerage service providers must set up the enterprise and there are at least 2 employees obtaining real estate broker license (hereinafter referred to as broker license), excluding cases prescribed as below.
- Any individual is entitled to provide real estate brokerage services independently provided that he obtains a broker license and pay taxes as prescribed in law on taxation.
- Any real estate service provider is not entitled to be both a broker and a contracting party in a real estate transaction.
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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