Registration/Renewal for Real Estate Brokers/Salespersons up to March 4, 2014 with no Surcharge/Fines

Brokers

• BROKER’S GUIDE

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:
  No real estate broker or salesman shall engaged in the business of selling subdivision lots or condominium units unless he has registered himself with the Authority in accordance with the provisions of Sections 11 & 12 of Presidential Decree No. 957 and Sections 13, 14, and 15 of Rule V of Implementing Rules and Regulations as Amended and Other Related Laws and Regulations of the HLURB.

• GUIDELINES ON APPLICATION:

1. All applications shall be filed with Records Section.
2. Only applications with complete requirements shall be accepted for processing.
3. 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
Accomplished Application Form	1 copy	1 copy
ID pictures (1 x 1) any color	1 copy	1 copy
Latest HLURB Certificate of Registration (photocopy)	—	1 copy
Latest PRC License (Certificate & ID card) ) (photocopy)	1 copy	1 copy
Latest NBI or RTC Clearance (photocopy)	1 copy	1 copy (if 5 yrs.+ of non renewal)
Copy of Surety Bond and O.R.	1 copy	1 copy
Processing fee	P610.00	(P200/Year of non-renewal)
Sales Agent	New	Renewal
Accomplished Application Form	1 copy	1 copy
ID pictures (1 x 1) any color	1 copy	1 copy
Latest HLURB Certificate of Registration (photocopy)	—	1 copy
Latest PRC License (Certificate & ID card) ) (photocopy)	1 copy	1 copy
Latest NBI or RTC Clearance (photocopy)	1 copy	1 copy
Copy of Surety Bond and O.R.	1 copy	1 copy
Processing fee	1 copy	1 copy
Letter of Endorsement from a Licensed broker (employer)	1 copy	1 copy
Latest HLURB and PRC certificates or ID of employer	1 copy	1 copy
Processing fee	P210.00	(P200/Year of non-renewal)

• 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 application and transmit it to the concerned evaluator	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
Signs Certificate	Regional Director of HLURB
Transmit the Certificate to the Records Section	Secretary
Releases Certificate to the applicant upon presentation of O.R. Files the application and the supporting documents on respective applicant’s file