A word of advice in real estate dealings

When you engage the services of a real estate agent, salesman or broker, ask for his/her real estate license. The Brokerage Law (Act # 2728) and its implementing rule (DTI MO # 39, SERIES OF 1985) regulates the realty service practice in the Philippines. The Law and the rules mandate the licensing of every person who performs the following acts and practices involving real properties: Offering of the Sales, Advertising, Listing, Promoting, Mediating, Negotiating, and Effecting the meeting of minds for the sale, purchases, exchange, mortgage, lease or joint venture or other transactions in real estate and any interest therein.

The Department of Trade & Industry is the governing body that issues the real estate license. BP# 220 and PD 957 also require the registration of real Estate Brokers & Salesmen at the Housing and Land Use Regulatory Board (HLURB).

Yours truely, Michael Abonitalla is registered with the Housing and Land Use Regulatory Board / HLURB and duly licensed by the Department of Trade and Industry in Cagayan de Oro City, Philippines with License no. RES-20080-06-01520 under RPM Realty.

DEAL ONLY WITH LICENSED REAL ESTATE PRACTITIONERS.

Related posts:

1. CDORealEstate.com wins Best Real Estate Website in 3rd DigitalFilipino Web Awards 2009 Your One-Stop Cagayan de Oro real estate information guide, CDORealEstate.com,...
2. How to Invest Wisely in Real Estate How to Invest Wisely in Real Estate How often do...
3. Housing loan for OFW’s with SSS The Overseas Filipino workers or OFW’s can take advantage...

« Requirements in buying a house | Home | How to Invest Wisely in Real Estate »

• Categories

  • Ayala Lands
  • Blog
  • Commercial
  • Condominium
  • Feature Property
  • For Lease
  • Gran Europa
  • House
  • Listings
  • Pueblo de Oro Township
  • Ready to Occupy
  • Subdivisions
  • Xavier Estates

• Archives

  Select Month January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 June 2009 May 2009 April 2009 November 2008 October 2008 September 2008 April 2008 January 2008
• 
• 
  
• 

• Disclaimer

  All the information contained in this site is provided for the general use of its visitors which is subject to change without prior notice. Visitors are invited to verify their factual correctness and subsequent changes, if any. All company names, services and product names specified in this site are trademarks or registered trademarks of their respective holders.