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PROFESSIONAL REGULATORY BOARD OF REAL
ESTATE SERVICE
ResolutlDn No. 02
Series of 2010
IMPLEMENTING RULES AND REGULATIONS
OF REPUBUC ACT NO. %46, KNOWN AS
THE ~ REAl ESTATE SERVICE ACT OF THE PHIUPPINES"

Pursuanllo Section S, P), Article Uand Section 42. ArtJde V of Republic Act No. 9646, "An Act
Regu!ating ttHl Practice of Rea! Estate ServK:e in the Ptlilippines. Creating for tfJe PulpOSe a Professiona!
Re-g'Jlaicry Board of Rea! Estate -Service. Apptopria~ng Funds Th~efOf and for Other Purposes' , the
Pro!~ional Regulalory Board of Real Estate Service. hereinafter called as Itle Board, after tM review •
and approya! by tt1e Professional Regulation Commission, hereinafter reterred to as the Commrssi01l, .
herety adopts , issues. (1M promulgates thrs reso!iIfioo embodying the foUowil19 Implemen~ng Rules anct
Regu ~ations to carry out, administer, alid e!lforce the provisions of RA No, 9646,

RULE I
TITLE OF THE RULES, DEClARATION OF POLICY &
DEFINITION OF TERMS

SECTION 1. Tit/e.· TIlese Rul~ snan be kflO\'>n as ~THE IMPLEMEN.TING RULES AND REGULATIONS
OF REPUBLIC ACT NO. 9646," known as the "Real Estate SeMce Act of the Philippines', in
short, the '"!RR of RA No. 9546', ()( mefe!y ihe IRR.

SEC. 2, [)OO(1liftioll or Policy. - The Slale recognizes the 'lila! role of rea! estata service Ptaclitkl~
in the social. political, economic de'leiopmenl and progress of !he COtir"lUy by promoting the
real estate market, $timulating economic activity aM enMncltlg gO'lemrr)efll income 1I'00I real
property·based transactloos. Hence, it shall develop and nurture Ihroogh proper and effecUve
regulation and supef\oiSion a corps of iech,'1ically competent, responsible and respectoo
professional real esiate sel\lice practilionere whose standards of practice and serliCe shall be
globally compeli!ive and will promote the g:owth of !h~ real estate Industry,

The 1M sMil be in!efpreted. construe<!, and carrie<! out in me fight of the above Declaraticn of
Policy, which embodies the legislative inteflt in eflacting RA No. 9646.

SEC. 3. DsfiniNon of Terms. - As used in the !RR, the following terms $hal! be undetS:ood to mean as
follows:

a ·Appraise( also known as valUe!". refers. to Ii perron who cooducts valualion! I

appraisal; specifically, one who possesses the necessary qualifications, license, abilit'l I
and ~)(~r"lce to execute Of direct the valualiootaPPf'<lisa) 01 real property. i
O. 'Assessor· fe~ers to an official in the locaI90vemmen1lJni~ '<\t.o performs appraisal and
assessment 01 real propertJes, i~cludin9 plants, equipment, a/ld machineries, essenliatly
fOf tOX<300n purposes. This definitiofl also im;h.u:les assistant assesscrs.

c. "Real estate~refers to the land and al! !hOse items which are attached to the land. n is
the physical, 1a119it:1e entity, together with all the additions or impro\'ements on. abo".-e or
be10w the grouf'l<l.

"Rea1 estate develQpnlent · project' means the development of land for residet\bal.
commercial, irdus:rial. agrituttural, insblUliooal or recrealkmal purposes. or any
combination of sud"l including, but nei liwjted to, lOOns! resorts, redarnatioo projects,
building 01 housing projects, wnelher fOf indiVidual Of condominium ownership.
memorial parts and olners of !;imilar nature

e. "Rea! estate developer" refers to any n.atural or Juridical person engaged in Jhe Dusir,ess

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of developing real estate deveiopment prd,ect for hisJher cr lts own accourlt and offering

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them for sate or lease.

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f. 'Rea! property. includes all the rights, interests and benefits re!ated to the wnership ot

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reai eslale.

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"Real estate service practitioners' shall refer to and consist of the following:
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(1) Rea! estate crosultant - a duly registered an<! licensed na!ura! p~ who, for a
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profes.s.iOnaf fee, compensation 0; other '<a1uabJe consideralion, offers or renders

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professional adv~ an<! judgrnen! on : ii) the atquisition, enhsncemer.t, ptesetVailon,

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ulilizalkm or (!''sposition of lands or improv~nt'S there<J!l; <Jnd (ii) the COI"lCep!!on.

plarmil'g, management and development of feal estate projects.
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(2) Real estate appraiser - a duly registered and licensed natura) pei'SOil who, for a
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professional fee, oxnpensalicn or other vatuable consideratiOn, p€l"fcrtn$ or renders,

or offers to perform S€rvices in estimaliog and arriving at an opinion of 0; acts as an
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expen on real estate ,<alues, such seNm of whidl shall be finally rendered by !he
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p,eparation of the rePJrtll1 acceptable written fOfm.

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(3) Real esiule aS5eSSOf - a duly registered and license<! naloral person .....no wofl<s in
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a iOOal g(wemment u!':it and perloons appraiS(Ji and assessmenl oj rea! properties,
induding plants, equipment, and machi!'.eries. essentially I~ ta~ation purposes,

(4) Real estate broker - a duly registered and liteflsOO natural pe~OI1 wno. fOf it
profess!Onal fee, commissloo or otl'.er valuable consideration, acts as an agent ot
a party in a rea! ~tate transactkln to offer, advertise, solicit, lis!. promote, mediate,
negotiate Of effect the meeting of the minds on the sa:e, purchase. exchange,
mortgage, !ease ¢l joint ~'enttJre. m other sil1"1ilat transactiOns on real estate or ~ny
interest therein.

(5) Real estate salesperson. a duly accredited natural persoo 'htlo pertoons servlt.."e
for, and in behalf ci a real estate brokElf .....no is registered and ~cen.m by the
Professional Regulatory Board of Rea1 Estate ?erAce for or in expectation of a share
in the commlssion, professiooa! fee, compensation or other valuaole considera!lon.
 'Accredited and Integrated Professional Organization (AlPOt - the national fllegraled
oryanizatm of natural persons duly legis~ed and rlCel'lSed as Real Estate SeMce
Practiticlnm Ihallhe Board, subject to tOO approval by the C<muhsioo. s.iaII recognae
IX acoedit as !he one <IiOd only AlPO, pursuan!!O Sec. 34. M. IV ~ RA No.9646.

/. "lfIterim Acoeiited Professional Ofganizatioo (tAPO)· - !he proI'e$SionaI organizafion

accred!ted by the CorrlmissO'l ally 10 operate and perform acbvities Of acts poor to ar.:!
unti the 18C('9f1I!i:rl or birth of !he AlPO as defined in h. above.

RULE II
PROFESstONAL REGULATORY BOARD Of REAl ESTATE SERVICE

SEC•• , CreBboo and Composit.ioo of I/le Board. - There IS hereby crealed a ProJesslQOal RegtAaIoly
Board of Real E51ate Serv.ce, hereinafter re(e"ed 10 a5 the Board, u"der the 5ll~eI\isiOIl
and adrilistrative conlrol of the Pro.'essionaI RegtJIatioo CoI'M6sion (PRe), heremtler

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referred 10 as h! Cor'rr'r'issicr. COO1pOSed of a d'lairpersoo and four (4) members ...ro Shall •

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be appoilted by !he Ptes>de<>1 of !he Phiippines !rom .... me (3) ~ choseI! by •
!tie CmmsSIOfl from a hi of &ve (5) OO'l'tiuees per position submitted by the acctedited and .

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integrated professional organization of real estate seMCe practiOOoe": PlChided, That two (2J :

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of the membeB of !he Board shatI represent the govemmem ass: ,500 and appraisers, who are :
bcfl ln adiYe gO'llemmel'lt seMc:e.
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The first Board shall be organind'loil!un six (6) mootIls fron the elfectMty of RA No. 9646
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This provision shall be lmpIemenle(! in acccrdaoce 'Mth the guidefmes of Executive 0rtSer No. 496, :
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Senes of 1991 on the selection, nomination, teCclItIl£ooalioO. and awanlmenl of those '10M wm fin i
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up any vacancy in tile Board. '

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SEC.S. Po~ and Functions of the BoaIrJ. - The Boart! is hereby vested the following SpecifIC poy.ers !
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and functions:
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(aJ PlOvide COI'1lXehensivt! policy guidelines for the pmroolion and development of the :
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real eslaie industry in relation io the regulati01 of :he practice of the real estate SCfVice :
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profession;
Conduct licetlsurtl e:(aminalions fry the pr~ of the real estate service profession
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(b) :
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and prescribe the appropriale syllabi of the subjects for examination with their tables of !
$peci~catloos; i
Ie) Issue, suspend, revoke or reins tate, afterdlle oolite and hearing, certificates of registration ;
or professional identifICation cards for the practice of real esia:(t ,ervice; .
(d) Maintain a comprehensive am! updated register of licensed real estate service .
professionals,
(e) Monitor the coodrtiorls affecting the pr8Ctice of leal estate Se!VICe a(llj adopt such measures
as may be proper fOl the enhancement of \tie profess!OO and/or the maintenance of high
professional, ethical artd technical standards:
If) Adopt a national Code of Ethics and Resp::lflSit:ilitieS issued by the AIPO to be Strictly
observed by all licensed real estate s(tfVice practiiioners:
(9) Hear ()f investigate any violation of RA No. 9646, the IRR and the
Code of EtNcs and Responsibifitie$ for real estate service pl8CtWone,s
and issue sutpoerul and subpoena duces tecum;o secure !he appearance 01 witnesses
and the prodlJdion 01 documeots in conr:-ection therewiit'i;
 (hl Safeguard 800 proIect legitimate and licensed real estale service practitioners and, in
coordination 'M1h the. accredited and inlegr.t.ed professional organiza5on tAlPO) 01
reci estate service Plac~. l'OOIlitor al forms of actverosemefllS, announcements, .
Signboards. billboards parnphfets. broctlures and others of sunilar na\1Jre concerning ,
real estate and, vAlere necessary, exercise its QU~ aod admmislr.lli'ooe PONtI'S to
fiIaIt)' and completety etadicatE !he pemciolS pr<Dio:''t of unau1horized or unblSed
individuals;

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(i) Prescribe. in oooper.Itbl wiIh the Cornmissioo on Highe- Education (CHEO) 01 !he
concerned s!a'.e \lM'etsity ~ COllege, !he essert1iaI requirerneniS as 10 the cooi;ula

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and facili5es of sc:tIocU, ooHeges 01 universi6es seeIc.tIg ",emission !O OJ)en ac:adernIc

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courses or !Iready oIfeti'lg such 0lUISeS in real estate seMce. and 10 see to it lI'lat

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these requirem anls, ~ !he ernpJoyment of qualified facuty rremtJ E". are property
compIied'Mlh;

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ill Prornu1gate. adltillist« and eobce rules and regUlations necessary in carrying out the

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piC)ij$o.l$ of RA No. 9646;
$tJpnise and reguiale !be registralion, licensure and prsclke 01 real estate service in

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Assess and fix the rale of reasonable regulatory fees ;
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1m) AdrtWuslel' oaths and atfin'natim5;
(n) Adopt an official seal 01 the Boacd oMih \he interpretaDon 01 its symtds at1a,lled 10 !his
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Resolution and made an integral part thereof asAllnex ·A·;

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(0) Evaluate periodically the slalUS of teal estate service educatkJl and profP$$ion, and
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t8Q)!l'llnend ancVor adopt measures 10 upgrade and maiotain its high standard;
(pI Prescribe guideines and criteria br Itle Continuillg Professional Education (CPE)
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program for real estate SeMCe practitioners ifl consultation with the acaedited and
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Integrated professional etgaOizaoon of rem estal9 service practitionerS;

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(q! Screen, issue and monitor penuits 10 organi'zations of real estate professionais in Ihe
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oorntucl 01 serrinars and accredit such seminars pursuant to the CPE program, as weiss
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the instructors 0( lecturers therein. for the PUfpose of upgrading !he quality and kflowIe<Ige
of the profession:
(r) Monitor and supervise the activities of the accredi!e<I and ifllegrated professional
organization (AlPO) and aihet asscGlions of real esiate service pr.;c!itiancrs; and
(5) Discharge such other powers, duties and fuI'Ic:1ions as the CotnmiSSiOO ma~ deem
oecessary 10 carry out the provisions 01 RA No. 9646.
 The po:icies, resolutions and rules and regulations issued or promul9ated by llie Board shall be
subjecl 10 the review and approval by the Commission . HOWtl~&r, the Board's decisions, resollJlioos
or orders wtlfch are net interlocutory. renderen in an adminfs\raUve case, shali be subject to rsvjew by
the Commission only on appeal, in accordance with Republic Act No. 8981 and its Implementing Rules
alto Regulations.

SEC, 6. QuaUficalions oflr.e Chairperson 8M Members of the Boord,· The Chairperson and the Members
of the Board shalt at the time cflheir appointment, possess tOe following qualJlcations:

(a) Citizen and res~ent of the Philippines; ,

(b) hokter of a bachelor's d~~ telateO to real estate;

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(e) An active licensed practitioner of re.al esla!eservice for <It !east ten (10) years prior to hisiher
aWOifl1ment;

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(d) A bona fide member in good staooing 01 lhe accredited and inlegra:ed p-o/csskma!

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organizaticm of real estale service practitioners but r\Ot an officer or Inlstee at the time of his!
her appointment;

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(e) Neither be a member 01 the faculty 01 an illstilute, schooL college or I..Inive!sJy. nOf have any

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pecuniar)' interest direct 0( indirect, III any insHutKm or associatiotl where re>Aew classes
or lectures in preparatoo /0( the litensure examinaton are being offered Of conducted; and
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Of good mora! characler, and mUSI not have been con'licted by final judgment by a
compelent court of a criminal offence invol,ing mora! ru;pitude.
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SEC, 7, Term of Ofke.- The dlairperson and the members of the Board shali ho~d office for a term 01
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Itlree (3) years from the date 01 their cppoil'lw.ent and ul\!J1 tileir successor,'s sllall have been
appoif1!ed: Promed. rnat the members 01 !he firs.! appointed Board sha!: hok! office for the
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follO'Ml19lerms: one i 1) member as Chairperson. to SSM; for three (3) years; two (2) memrers, Ie
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serve lor two (2) years; and t-NO {2j members, to serve for one (1) year.
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The Qlairperson aGd the Membefs of !he. Board may be reappdn!ed for a SSCOfiO term 1M in no case
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shall heJshe serve contiotlousty lor more than SI.J; (6) ye3rs. My vacancy ifllhe Board shan be filled fO!"
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the unexpired portion of the term 01 the member wnc >I<Y'..ated the position. On the consii!ulion of the
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fint Board, the Chairperson a~d the tkmbe!"s of the Beard shaU automatically be regl$lere<l and issued
Certificates of Registration and Professior.a! Identif!C300n Cards. Each member of the Board shall take
the proper oath of office pOOr 10 the assumpUon of duty.

sec, 8, Compensalion arn1 Allowdnces of /he Chairperson am1 Members of the $owe.· The chalrperscm
and the memhers of the Boord shan recei....e compensaiiOO and al!owances comparable to the
compensation and ;;I!IO'....aflces re<:ei'li!d by !he chairman and tile members of exls~ngprcfessional
regulatory boards under lhe Commission, as provio:1ed for in the General Appropriations Ac~ the
Salary Standardization law. and !heJoifll CifCtllar Issued by theCommissioo and me Department
of BOOget and Management 108M).
sec. 9. Removal of the Chairpersoo and Members of the Boord,· The t:ha:rpersoo 0; any member
of Itle Boarel may be suspeflOed or removed by the Presiden: oi the Phi:IPpines. upon the
recommendauon of the Commission snd after due notice and nearir,g in a proper administrative
invest)galion to be COI\dOC!ed by the Ccmmission on the fOllowing grounds.

1. Neglect of duty.
2. Abuse 01power,
3. Oppressiof"l,
4. Jncompe:ence,
5. Unprofessional, unethical cooducl,
6. IrnlTlOJal or dishonoorable COOClJct

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7. Commission or toieratiOtl of irregularities in the cendue! of examination or tsmpeting of the

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grades, Of
8. For any finaJ judgment Ofcoovlclion 01 any crimJna! offence irwolving moral turpitude

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The Commiss"ion in the conduct of the inves!lg8tI01l shalt be guided by Sec. 7 (s) of RA No. 8981 and

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ilS rules on adminis!l'stive investigatiOl'l.

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SEC. 10 Su~rvision of the Boilfd, CUstodian oJ!1S Records, Secrelariai and SUPPOIt Selvices, - The Boord
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shall be under the general supervision and adrninistrati"e control of :tie Commisston. All records
of !he Board, including applications lot exam;nation, examination papers and results, minutes
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of delibefd\klfls, administrative and other inl'estiga!j~e cases . involving real estate service
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practitioners, shall be kepI b~ the Commission The Commission shall d€signate the secretar/
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Of lhe Board a! the offi~e, Secretary, PrQfessiooa! Regu;atory Boards and shaU provide the
socretari,at and other SiJpport serkes !o impierneni the provisions 01 RA No. 964.j SUbject to !he
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usual government accounting and audiiing rules and reguiabons.

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SEC. 11. Annum RepM.- The Board shall, at the ctose of each ca~end;1( year. sllbmi! an armua! repalt
\0 Lt.,e COOlrnissiorl, givillg a detailed actOl/n! of its proceedings and accomplishments durif19
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!r,e year and reccmrnendin9 rneaslires 10 be aoop!ed With the end·in-vlew of upgrading aM
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improvil1l the conditions affecting the practice of rea! estate sef'l"i:e Wi t~e Philippines.
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RULE III
LICENSURE eXAMINATION AND REGISTRATION

SEC, 12. Licellsufe Exami{lalion.· Evt'ry applicant se<:king to be registered and licensed as a rea! estate
service prattikmer, except a real estate salesperson, shall undergo an examination 10 be given
by the Board as provided fO!" ifl RA No. 9646. EXaminaCons for the praclice of rea! eslale seP/K:e
io. the PhUppines shall be gt'len by the Board in sud1 places and <Jates as. the Ccmmissioo may
designate in the Master SchWU le:S of &lard Licensure: Examinaoons for Professlooais for the year
as tssuOO by the Commisstorl
SEC. 13. Scope of Examination. - The licensure e~aminatJOn for Ule applICants for real eslate brokers, real
estate appraisCfs and rea! elate consuNants snali cover. but not limited to. Ine tollo'hirog

Cal For real estate consultants:

1. Fundamentals of real estate CO!lSuttm9:

2. Standards and ethics:
3 Consulting tools and tOChfHQUes. vJllcninclude pto)&ct feasibiil1y study and investment
measurement loos;
4. Real estate finance and emnctlt'CS;
5. Real estale COf":sulting and ~1vestmenl analyses;
6. Coosultmg for spedfic engagement, ....ttlch IIlducles coosuiling for a:mnerCla~
industrial. recreatioo and resort and hotel ~, and consultltig for government
and corporate and financiallnstiiutions:

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7. Land management system and real property laws; and
8. Any OIher related subjuts as may be det€i1l1llE.'d b'lltle Boatel.

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(b) FOf teal esla!e~:

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1. Fundamentafs of real estate pmcipJes and practices;
2. Slandards and etlIics;
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3. Theories and priroDies in appiaisal,
4 ...man.m pl>ysCal_r.
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s. ...._, "'''''''_ """""""';

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6. lhluaIion. procedures and resean:tr

7. Appraisal of mac.'1inery and 00Ulpmef!1:
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8 Pr3cticaI appraisal rnathemati:s;

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9. """~'" """'" wm1ng;

10. Real. estate frtance and """",·",,,,";'
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11. Case studies;

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12. land man39,,,er,oelEnl system and real PfOIlarty laws: and

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13. Any oCher rel.aled subje.ts as may be delenrined by the Board, and
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(c) FOf n:!8:I eslal& brokefs;

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I. FUf'ldarnenlals of property ownership;

2. Code Qf ethiCS and responsibities·
3. legal requ~remertts for real emit) seMCe practice,
4. Rea! estale brokerage~:
5. Subc:livision de--.'eIopmeflt
6. Coodornioium cooc:epI and ""ott"",er types of real esla/e ~s'
7 Rea!estate fitla!"lCe and EICOOClI"I'lICS ,
8. Basic poncip!es of e<::oIog,;
9. Urban and rural land use;
10. Planning. deo.-elopment and zoning:
11 . legal aspect of sale, mortgage and lease;
12. Documentation qnd regls!ration.
13. Real property laws and Ia~ation , and
14. My oittef le!a!ed s~bjects as may be tJelermined by the Board.
 To conform 10 technological and modern developments, the Board may fe·cluster, rearrange, moddy.
add to, or exclude any of the fcrl!9D!llg subjects aM Ihel( syllabi \'Jim tables of specifications as may
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be necessary,

sec. 14. Oualification of Appficaflts fc< Examinations.- In order to be admitted 10 the licensure ~amlflalJcn
for re.1! estate service, a camlklate at the time of filing htSihcr application. shalf establish 10 the
s.atisfaclion of the Board ihat hef~ possesses the following qualificatiOns:

(3) A citireo of the PhiSppines,

{b} A holder of a re!e'lant bachelor's degree from a state unlVSfSlty Of coUege. Of other
educabonal institutIOn duly recognIzed by the CHEO: Provided, Tnal helshe !las completed
• at leas! one hundred twenty (120) credit units 01 real estate subjects and trainIng from
accr~:ted service providefs, as may be determined by the Board: ProvIded, further. That
as soon as a course leading to a Bachelo(s degree in Real Estate SefV.ce IS lmp!emeOied
by !he CHEO. the Board shall make this course a reqUIrement for tak.ng tM licensure
ell.amirlation.

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(e)
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Is 01 good mcra! character, and must not have been COtWlCted of SOy cnme invdving moral

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(d) All applicarll for the licensurs ex~ tor real ~tale ooosultanis must show proof

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lhat heIshe has at least len (10) years: ~ as 3 IICeI\Sed real estate bro;;er. or a'l

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assessor, 01 as a bank, Of irtShtulional appraiSer, ex an empIo~'ed per1OI'I perfolll~ng feal
piopely valuaOOn., 01 alleasl flve (5) years mpeliCroc:e as iii licensed real es!a!e ap}lfiltSer
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AI appiica!JOns far eX3flWlatiurl shan be &led ¥Ath the Board WhO shall 3SSE1S and approve
said appIicaOOrls aod issue 10 the qualified ~ the corresponding peiiMs or notices of
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acmssion to take sUCh examination upon submissi:tt oIlhe foIki'X1Ig document!..

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1. Onginal and phOlrJCq>y of Birth CertIficate or Celti6cal.e oIllYe BIrth (NSO) and I Of valid
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Phdtppine pssJXKt, or any oller proof of atizenship,

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2. ClBJi'IaI and photlCOp'J' of b<I:nsaIpt of records and I or diploma 'Mlh scannEd picture.
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J. Origlllal and phOtocopy of notarized cenifiratlon by err.plo'Jercf hBIher years 01 experier.ce

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0( pre-requisite Certificate 0( RegislTatim (COR) and I Of Professio1a1 ldentificatioo Card

(PIC) a OTI icerlse (lor real estate coosuftantsl,
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4. OriJinai and ~ of N8I clearance.

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S. ~inal and phntocnpy of duly ~ acctedI1ed 5e/flll1at and I or uainWlg cetiflcaie.

eorrm-miry ta)'. certiftca:e,
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6.
1. Four (4) colored passport size picrures Y<IiIl ~i!e background and COfllllete narnetag and
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other doc:ornef1lS in acc~ance with the requirements s.et by the CommisSlOfl.

SEC. 15. R8(ings in the &aminabotI.- In order Itlal a candidate may be deemed to have soccessfun,
passed the exammatlon, he!She ITkJSI have obta..l ed an average of at least sevemy·five percenl
(75%) in ail subfects, '*-h no rating below fifty pt'(Ce.1t (50%) in any sub;ect. The Board may adopt
its own internal procedure on the irnpIeTenlation of Iflls provision.

The reports of raUngs may be disrriQuted to !he successful e:ulmlnees during their mass oarIltaking.

SEC. 16, Release of the Results of Exaffll(lsiioo.- The tesults or It!e licensure examination shall be released
by the Board ....'thin ten (10)days Iromltlelasl day of Itleexamlnahon. Th~ fesull shall be published
in a daily major newspaper of 9enernl cilt!til3tion and PRC website.

SEC. 11. /ssuan«l of the C9!fi!lcafe of Regislf8fion and ProfeSSional/dentific811Ofl Cam.- A certificate ct
registration shali be issued to e;canljrlee5 who pass the licensure eX8mt1latlOO for real estate
 ServiCe practice. subject to payment of fees prescnbed by the Commission. The certificate of
reg1stratioo sha* bear the signature of ihe dlaU'f)er$OO: of the C~sion and !he Chairperson
and !he merrbers -of !he Board, stamped Yoilh the oI'idaI seal of the CornrnMion, indicating
t1a1 !he petSOn na~ iler.w IS entitled 10 practioe Ihe prow SSilOtl With al !he berdts and
pm.,1eges appurtenant there-.o. thIS retlficale of registr<Jtion shaI remain III run force cw:I eI!ed
until revoked Cf suspended II acwdance >Mth R.A . No. 9646.

A Pwlessialalldentif.calion Card beating the reglSlration number. dale of iSSUBflC2 and exPiry date,
duly signed by !he chairperson 01 the CoImliSSIon, shan likewise be issued 10 e'iefY ragistrant upoo
payment of the required fees The professional idenlll'icallOO cant shal! be renewed every three (3)
yealS and upon satislyfrlg the reqUIrements of the Board sllCh as, but not limited to. a!lendanee in the
CPE pro'Jram.

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SEC. 18. RafusBi 10 Regls/W., The Board shaD not register and issue a certi~le of regislratkln to any

s.
SUCCi" sstu! e~amlnee who has been CO'witted by a·court of canpelent jurisdiction 01 any criminal
offense involvltl9 moral turpitude or has been found gu~ty 01 imrTlOlai or dishonorable oondUtI

ne
after in~ligation by me Board. Of has been found to be ~ically unfit.

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SEC. 19. Rewcat.ioo Of Suspension of the CetJ6care of Registrafion and I/Je ProfesOOna: Jdentmc.ation
C8trJ rx CanceNatioo 01
lip
Pew';:'· The Board may. after giving proper noti<:e
hi
and hearing 10 the party cooceme<I, revoke !he cetiflca:e cf regisltatictl and the professiooal
ep
iden!i1ication card, 0( cancellhe specialAet'nporary perm1 of a real estate service practitioner, Of
suspend him!her from U1e practice of the professial 00 any of me foIIoWIf1g instances hereutlder:
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(a) procurement of a cerufica:e of reglSb'ation and/or professional Identification card, or

specia!ltemporary permit by traud or dece~:
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(b) Allowing an -tlnQualirled person 10 advenise or to practice the profession by using one's
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certificate of reglSl1300n or professiMaI identificatiorl cart!. or specia!l!~31)' pew lit;

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(el UnphJkssional or unethical conduct;

(d) Ma!:praciice a violation of any of !he prOVISions of RA. No. 9646, the 1M, and the Code
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of Eltucs and Respooslbiitles b" real estate 5eMCe pt"acIltioneB: 8ild

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(e) Engagi1g Ifl the PllII:tio:e of ihe prolesSOl dumg ihe peood of one's SUSpensiOn.
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The rules M administra~ IIW~tigation issued by the Convnissioo: shal ~ the hearing Ot
i..owesbgation ollhe case, subted 10 !he appi!¢able pro'o'lSlJOS of RA No 8961 . RA No 9646, aod
the Rules of Court; Ptowled, That the suspension or revocation 01 lhe CertJficale of Registration and
Pro~essionalldentific2tion Card, or the cancellation of the Tempo:xarylSpeciaI Permii of the resporKfeot
professiooal shall not prejudice his /her prosecution tor criffilna) liabilities and the imposi~on of the
penalties ul'lder R.A. No. 8981 , AA No. 9646, under the Revised Penal Code, 6r any orner special law.

SEC. 20. Registration ~ Examina/ion. ~ Upon appHcatioo and paymenl 01 the required fees, the
1dIo-Mng shall be regl$lered. and shall be ISsued by the Board and the Comrntssioo a certificate
01 registratIOn and a proJessionai identificatioo c.aro withoul takilg the prescribed elaITIirIa!lon:
 (a) Those ....tIose. on !he date of the eleclh'ity of RA No. 9&¢6 or as of 30 July 2009, are
as real estate btokers. real estall! ..ppr.n" Of real estate IXlfI5jJltants
~tead,.1iceosed
by !he Oepanmen. " T..... and Industry (On) by wrue " .......try oro.. No. 39. as
amended. f'roi,iOed, Thai !hey are In active prac!ice as real estate brokers. real estate
3pp!"<usefS, and real estate consultants, aoo that they have undertalleo relevan( Con~nuing
ProIesslOOal Education (CPE! or Coolil'luing EdtlcOOon Program (eEP) \o:he satisfaction
of tt'1e Board: Provided, furth er, ThaI the fo!lcwil"!g practitioners shalt be allowed to
register

1, My hOlder of it vaij(i OTllicense.1'AlO has earned fifteen (15) ~lir'!ui~ EdlJCatOO

Program (CEP) Of CPE credit units;
2. Those..m had f<lied to renew !heJr on license prior 10 30 July 2009 but vmo have
earned Iwemy·lour (24) CEP aedil UJ\Jts fn:wn acaedited setvce providm. as pee

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M.O. 39 01 CPE credit UIlIlS from CPE COJnQI Actredite<l Provider from 2001 fO July

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30,2011.

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3 Those ~ had passed the 2009 & 2008 licensure e~minaboo$ g;ven by the on but
who haC faied to obtain tfleir license upon the etlecfiv;1y of the RA No. 9646 and

ne
...mo have earned fifteen {lS) CEP Of CPE cre<t:! units;

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4 Those who had passed the 2007 liCensure examinaboos given by the oTI oot who
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had failed 10 obtain ther license upon \he effectivity of the RA. No. 9646 and who
have earned elQnteen (18) CEP 01' CPE credit units;
Those who [lad passed the on bcensure examinations in 2000 and priOf years btlt
ph
5.
\\00 nad failed to obtain ltlell license tlpotl the effectivity of R.A No, 9646 aod who
e

ha'le earned one hundred twenty (12OJ CEP Of CPE credit units,
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os

Aihided. firla/1y. Th8f real estate practitioneB fa!bng under the abo.e de!Clibed categOries
wOO fail 10 compty WIth the necessary CPE requ::ena>'\ts ..,tntn !'M:l (2) years alter the
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etrec&.'!Iy of RA No 96<:6. 00 Of before 30 July 2011 . shall be requJ'ed :0 take ihe Board
re

iceosure eJ(amlllat;ofj lor real emte service pr.K:titulers:

.fo

(b) Assessors and aPPl'atSefS who, on the dale of the effectMty of RA NO'. 964S or as 0130 July
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2009, hotd pemlBnenl apPO!fltrr,cnts and are performing actual appraisal and assessment
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furlC!!ons mr tM last 6\'e (5) years. have passed !he Real Prope!'ty AS$e$slng Off!Ql(
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(RPAO) examiflatiol1 conduded and administered by the eiva Service COmtl1!S$iOfl (eSC)
III coordlnahon With the Oe?ar.menl of Finance (OOF), and ~ave undertakef1 relevant CPE
10 the sal1sfacbon of \tie Board; and

• (e) Assessors and appraJSefS \\1lC. on the date of the etlec:ivily of RA No. 9646 cs as of
30 July 2009 !-,oId peflnaoen! appcwItments and have a1 ~ len (lO) )'eatS actual
expenence irI real ptOpefty appr~al Of asSSS'iornent and have COfl'lPle'.ed alleas.l one
hundred :wenly (120) !'lours 01 acoedited ~ on real properly appra!S3I oondocted
by nabonaf Of Inlemabonal appt31Sa1 organlZ3OOnS Of mtKutlOllsler!t:!le5. dtIy certified by
the DepaFtul€\1t of FlOance (DOF) « any Oiher pertinent nalooal govemmeoi agencies or
Go~-ernmen! (Mlled and Controlled Cct'poraIlOnS (GOCC) as tne case may be, recognized
-oy lIle 8oaro and relevant CPE cred:1 uflits to the satisfactlon of !he Board
 Those falling UI'lOOr calegones (b) and,te) shall registe' Wltlllhe Board atler L'ley sha1 have compiled
"";!h !he raquII'9fneOIS for registration as rea! estate appraisers. and ha'-le oompIeled twenty loot (24)
CPE cted-t unItS Premed ThaI \tlose sce~lng to be licensed to a new credeotJalle-.el sha~1 be required
1,0 take the pemne"lt 80atd hcer.sure exatnmaooo for real eslaie SeMCe pracblJOOeJ1

Those SO exertllt unaer the a;orementJOCleCl categOOes shall fife mel!" ~llOO Wlthil MtI (2) yws
from the effectMty of RepublIc: Ad No 9646 or unl;i :xl July 2011 . ProvIded, Thallhe renewal of the
profess.ooal identiflCalion card IS subtea to ihe p!'OVtSmS 0( Section 17. Art. III of R. A No. 9646

/vi applicant lor registration Y,lMt Willill'lalJO(l mus1 sobr'M me fo!Iowmg oocumenlS'

1. Original "'"
~
"""0)' 01 Cerofi<a:e 0IlM> Birth I Birth Ce<i1ical. INSO). '" <aid
passport. or any oIhef proof of cruzensh;p;
2. 0Ji0;na1 and photocopy of CerllflCa!e of ReglstJaoon (COR) and 1 or ProfesSlOO3l
ldentificalioo Card (PIC) or OTlllcEnses,

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3. OTI Certification of Rating (fa those ...tc passed the eGfTinaIions bot {aile j 10 obtain their
§wise),

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4 Ong;nal and photocopy of rJ81 Clearance,

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S. Duiy tlo!arize<l CEPlCPE Certiftcatial,

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6, Civil Service CommiSs~n Certificmion. OOF, or any other nal!ooal government agencies.

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c:. GOCC Certitica~OIl (assesSOfS or governmf!111 3ppraiSe1S). or any certlficaoon of
lip
accredited semL'larlvaining I/fovlder, ,
7. Appomttnent papers and servICe recools to p!'"ove appraisal 01 assessment experience (lor
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asscsSQl'S 01' government appraisers),

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8. Orig:nal and ptlG:ocopy cf Marriage Certif!C3te t Cootract of Marriage (NSO) (if

applicable).
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9. FOUl (4) passport SJ2.e colored photos ""'ttl complete nametag in wtute back~nd, onginal
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and phoIocopyof conm.mity fax certifICate (CTC), and surety bond lot Real estate broil:ers
and p!iVCI!e rea! estate appraISers
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SEC.21, Rewlatemer.t. RrHssuance or Replacement Gf Certificate of RegJstratm Professicmal

.fo

ldentJ/icatOl Card and SpecJaVTempot1Jfy Petmit.- The Soan:! may, aftef the e~ of I'ItO (2)
years /rom !he date cf revocatIOn of a oertJficaIe of 'egJSltaiion and/or pcofessiMalldeoliflcafion
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card, and upon application and COI'Tllian<::e wth !he required CPE units, and lor l€asOl'lS
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deemed ptOpef and sufficient. rl!Vlstate any ~¥Oked ~ficate 0( regiSCJatial and reissue a
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suspended pofess!Onai tden~§Catm card and Ifl SO doing, may, in its discreoon. exempt !he
applicant from. !aIuog am:ther examonallon; Provided, That !he Board shaillSSt)e a resoIutlOll
$Ubjed: to the a;.proval of tt)e CcmrrIssl)Il in granting a petibon for jelnsiatemenlto the practice
~ real eslate seMce professat Anew cernfoc.ale of regisll'ation. profess.otlal identifl.~ation card
or s~ry pen1lIt may be issued 10 replace Iosl, destroyed or rruiilale<l ooes, subject
10 the rules as may be prorr.ulga!ed by the Board atId the Commr$s;on, upon payment of the
reqwed fees therefor.

SEC. 22. Rosier of Real Estate ServICe Pract;'lIt:irnn; The Board, in COOfdmation WltIllhe AIPO of real
esta:e service practiooners, shall prepare, update and matr.1aIfl a roster of real estate servICe
rxaai~ 't'I.'tid', shall contain the oafl'lQS of ail registered real estate SE!fV!ce practitioners,
their residence and office addresses. \ic:eOse no/llbers. dates of regtsLrabOO fX issuance of
cerllfica!es, and other dora which the Board rr,ay deem pertinent. Copies thereof shan be rr,ade
a~alrahle to the publ" upoo request.
SEC. 23. Issuaoce of Spec;alflemporary Pcrmft ,Upon appl~hO!'l and payment of !he reqUired tees and
subject 10 the approval of lhe Comrrussoo. the Board maY 1ssue 5pecjal~ary permit to real
eslate service pr3clit.onels from bf6ig'n countries whOse sel'.'ices are urgently needed in the
absence or una'laitabilily of local leal estate serYl::e practitioners for the purpose of promoting or
enhanctflg the pracbce 0( ltJe profession 11\ L'le Phl~ppmes.

SEC. 24, FaJllign ReciprocI1y. No foreign reat estale SeMce piactitior.er shall be adnitted to !he flCef\SUfe
ex8!TIInalion. be gi\lE!(! a certlficale of regrstratioo or a professicrull identification card. be issued
a SpeCIaIITempool:)' Pemlit. Of be enlltled 10 any of the ptlYiteges under RA No. 9646 and
the IRR unless the coonty of v.tIlCh heIshe is a cifzen of speofK:ally aIows ~ real estate
ser.iCe practVoolelS to praCtice WlIhI'I its Iemtcr;ailirrits 00 the same basIS as the Clllzens of
$uch fCl"6I9'l oountry' Pro'itd:(ld, That the !f<J1de!nes therefor ISSUed by the CoovMsIort. 01 by the
80attI su~!O approval h¥ the Coomssioo. shal 9C_sn Itle prcMsions of the forBgoIng-sec.

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23 and of I!ie herem Sec 24.

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RULE IV

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PRACTICE OF REAl ESTATE SERVICE

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SEC. 25. Oitl/t· AI surressful e.l.a!'l"MflEeS QUa~1ied for reg~tralion. all qua/if,ed applicants for registralioo

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without e:Kaminalion ar.d accredited sa~e5petSOOs slkil be required 10 lake an oath betore any
lip
member of the BoarO or any ob of me Commiss:oo duly auttu;lflzed by itIe Commission
to adml(lister oaths pnor to enlenng .nto the pracl!ce of reaf esla!e semce in !he Phj~PPlfleS .
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Provided. That the rr.ass oathtakJrlg of the fOfegOOlg mOl)' be in~iated and sUpeMsed by the
ep

Board!n coordination with the AIPO.

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SEC. 26. ProfessionaJ Indemnity IflSurance!Casn or Surely Bond,· All real estate brokers and private
os

real estal(: appraiSers shall, in addItion 10 lhe oalh re~erred 10 in the preceding section, be
cl

required to post a plOfessiooal indemnity insu(anceicash .or surety bond, In an amoont \0

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be Det.erTnlned by the Board, which If! no case shalJ be less than Twenly thousand pesos
(P20.000.00), wl1hout pr~dJCe to the additIOnal requirement or the client It wiU be renewable
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"'"'Y _ (3) Y""'.

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Ads Cor.sttvl'Ulg Ihe Prad/Ce 01 Real Estate SeMce.. Any Mgle ad or transaction embraced
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SEC. 21.
wilhin tile pn:1VlSioos of Secbon 3(g) Rule II hereof. as Pdformed by real estate seroiCE!
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practJtiorJets. shal coostitute an ad of ertgaglf'lg mine prat'Aice of teal estate 5eMCe.

SEC. 28. &empbons from the Acts Constituflng Ifle Practice of Re81 Estate SIt't1ce.• The provisions of
RA No. 9646 and the lRR shaD not apply 10 me 1oIkYMng:

(a) ""' pe<SOo", ",tun>! Of ~nd~ ..to " ... _'I perlcnn by ~mseII'e<s<lf the ods
rnenbooed in Section 3 hereof 'NIth reference \0 ms.1ler Of its own propet/, extepl: leal
estate developers Yoho are regula!ed by and feglStered with !he HouslI\g and land Use
Regu!alO!y Board (HlURB) pursuant 10 law and oItler resoiutionilregl!!aliOOs such as bul
OOIlimi1ed:o Presidential Decree (PO) 957. as amended. and Batas Pambansa BIg. 220 :
and their Implementing Rules and Regulalioo$; .
(b) Any recel'ler, !rustee or 8SSIgMe ItI bankruptcy ex IIlSOIvency proceedings;.
 (c) ArlY !=~cn a>::i.inr purSuant to the ordCtl' of any court of !us!\:-e;
(') Any persoo who is a duly ccnstituled atlomei~n-fact fur purposes of sale, roortgage, leaS€ or
exch<mge, cr olh('.( si~I(lf CM!raClS of real estate, 'l,~!hOlJ! req"mr-e ilny form of oomp<;nsatkr.
or remutum!oon; rum .
'- (e) Public OIfu::ers in .IDe performanoo of tMi~ official dl!:ies arK! tJ:!lctom, except govemmeflt

~
aSS€SSOfS and 8waisefs.

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SEC. 29. ProIlibif,ioo Agai!lst /lIe U,18!s1flcnzed Practice of Real Estate S&'ice.- N-~ P€fSOO sholl practice 01

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offer to pradice re2l €S"iale.seMre in the Philippines Of effer r;lmseIDherse.'f asreil: estate service
practilioo&. Of use me title, v.urd, letier. figure or any sign j.er.ding -!a C/.X'fYf')j the impression that

.
ooe is 3 rea: estate 5e",ice pOOiliooer, IX advertise·C{ Indicate in any lTlS;-:r;et \ma!soe'le, mat ooe

es
is qualified 10 p-acfc€ the profession, IX be aprnnted as real pmperty ~ or asse$SC( in any

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national govemm€'l1\ entty or b::ai govemmem unit, un!€ss r,eis.'le has sailsfaC/ooy j)..'lSSOO !he

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fcensure exarrir..a!i::;o jven by !tie Board, eXC29t as ct.~ pro'med in RA No. £t45 and !he

lip
!RR is a tickler of a '1a1.;C .::eru!i!::<:fe oj regIsi:ation a."ld ;mfessional !der,fification cam or a valid speciait

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lempaary ~ duly issued to him~ by !tie Boad and the Ccrnmission; and, L'I the case of real
ep
estate brokers and priva';e appraisers, me-j ha\'e pak! the required hood as pm'i.ded for in Rp.. No.
9646.
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SEC. 30, Pos.funs in Government Requkirlg !he Ser.?ces of Registered ar:d Licensed Real Es!ate Service
PracJilionent - Wi:..~in Itree p) years frtm the e~ectivity· of RA No. 9$45, ali -exlsling and new posilioos
cl

in me na:ional ar.d local governments, whetne: C<lteer, p€m'l<lrle,~t, temporary or (;fJr,tractuai,

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prlmarftyre{lumng the servlCes cf .any real estale service practiti:Jner, shall be filled on~ by regiStered
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and licensed real estate service r,ffictitior.~fS.

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All Incumbent oss€ssoo> holding pe!Tll<.lnenl appoJntments shaN continue io perfurm their funclioos
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Vl'ithCUl need klr re-appo'ntmellt and wi!h~t diminution of staws, (<¥tk and salary glade, ,;lIld shaH
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efljoy secUrl~j of tenure. Ho-.vever, they may not be prornoled to 9 highe!' IX)SUon unt:! tl'.ey meet tr"~
qualificatlon requirements 01ihal higher position as herein prescribe:!, NcM'flg i:n RA No. 9646 and
the IRR SM:I be cttl"$:tJei to redllce any t·ene-El infe!"est, or right ooiC't'lX! by the irlCumtlents at the-
~me of the &la:::trr.-eni of RA No. 9646. The appoin~ng 8uUxmly sha:~exercSe his power to appoint
the assessor in aa:oroanffi with the provisiom of RA No, 9646 and the JRR only 'tihen a ",acarmy
occurs. .
 SEC. 31. St~ d Real EsbJe S'!5 .. e~· Fa- real esta:e ~ no ~ shall be
g...en, but they shaI be acoer:tae by h! Boafd. prot.!4ed Iha: tley ~ OOnplCl9O' alleasll'A(l !2)
yeasd CCr.Ege and hao'e urdei!p1e bai WIQ and serrwwrs of at msi ~'lC11'E! (12) cedi tn!S III real
estate btoia'8ge. Those saIesper5CJlS ~ ate registered with be On'HlURB or (bl£f saIespetsms
...00 ere il l'le active ",alICe b' at least three (3) yeaIS. as may be t:eItified by a licensed W-ef
a a real: estale ~, ptlr 10 fte eftedriity 01 RA No. 9646 may also be aued!ted by lhe
Board anti 30 Juty 20'1. ACL'tJed, tuIler. Thal. 1L'I both cases. sudl Real Es!ale Sa!espersoos ~
I\a'o'e un6:wgooe at ~ ere hurded t<lie:l1y (120) tranflg hClJrs ~ real ... • \e tlokerage aoo her..oe
sub I_ltd Ollinal NSO GelDficale d "-Ie buti'J biIII cmfirate. NBI ~ certllica!e (j 00Jca00naI
at1alnmeIIl a r.s equfva!ent. notarized ce1iIicate cI ~ or semir".a: and rdarized ~ a tI'Eir
supe!\1Sll'lg bnsecI 00lkers, as may be reQJired by !he 8oan:!. Real esta:e sak:spersoos Shall be
iJOder the direct SUper.Wl atx! accountabifity of a real estate~. t.s sWI, !hey cannot by
lhemsel\teS be .lcries 10 a 'Mltten a;:JrewleI1t 101'd\.~ a real estate tran~acbon unless (he real
estate brokE!!' \'Ato has di!ec! SupertlSK;n and accoontabitity 0V€f i1em is also a signalOf)' Ir.eeto No
real estate salcspersCtl, eilhar directly IX rndireclly. can negotiate. n'!f.d3:e or 1I'a.1Sact any real ~!a:e
transaction for and in behalf of a re.aj estate broiler ....i1f!OU! rllSt secmll19 arl a:JttlCtized ac:oeditatlOll
as real estate salesperson for t!)e r~ estate broker. as prescr,t)ed b'l the Board. Areal e>!ate broker
shall be guilty of vida~ RA No_ 9646 ~ the IRR b emplo~og or utilillflg It!e Ser¥lCeS of a real
estate salespernon \\fIen heishe has not secured !he t9Q1Ji!'OO oc.cre:!it<lt1OO frcyn tJe Board pr1(Y 10

om
sUCh empIoymenL

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No saIespetsoo sha'! be entitled <0 receive ordemaod a lee, ~ Cf~aIion 01 arly kild from

s.
any ~. oItler trt3/l1he duly licensed real esllte troker ~ has Qrect con:rnt .MlCI superv.sic1l over hin.
ne
b- any serwice rf!Ildered«~ done try SUCh salespEfSOfl ll 1!lrf real es:ate Iransaclicn
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No violation oIlhlS ptO\1SIM ShaB; be a cause b- rEMX.aIICIIl « suspensi(I'I (j Irie certifica:e of regrsratKn of
lip

II'le real estate bdler I.i!1Iess tl'Iefe was adl :' kno~ of $Jd'I ~ CK !he I::r.:lker fela!ns !he beI1efus.
i
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ptt,15 IX procaeds d a 114151.. 11.... oo:,n;;fuIy negOIia!ed by tle sa$esp:tsoo

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SEC. 32. CotpQlKe AClG<'i:eolthe Rea Fsrate Semce.

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(a) No~CI caw f"flshal ergage n !hebusNss of re<ies!a'.eserw;:e ur 'ess lis duty
teglSlered <M!ti h:! Securi:les aod ~ CotI'IIISSIOl (SEC) and !:Ie pefSI)nS auflon..-ed
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to a:I klr 1M patb'lership «cap:ra!iOn are at dUly regis:ered .:n11icensad rea estate 00:lkers.
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~ «~, as !he case may be The p3IVier'Str.;l or ~ $hal regUartf

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Slbl'lt a lis! of ItS realestate 5efYI::e pradbsoe:s 10 !he O:mli:;oon ald to the SEC as part eX
its annual rep::lItoiai reqluellle!lls. There SklaI aI ~asl be ()O@ (1) ~ real estate broker let
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every twenty (20) au::I weed saiespefSOf'LS

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(b) OIl'isions a deparlmeots of partl)etShjps ¥Id a-poaooos engaged in mal1<eti.-.; or seilu1i any
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reat eslate development P<'I¥!ct in the regular CXJtJrse 01 hlisiness must be !'leaded by full-lime
registered and ~cer.sed feal estate broilers.
(c) Branch offices 01rea! estate br-okers. appr8!sers or OOf)sulta'lts must be manned by a duly
licensed real estate Woker. appl'aiset Of consultant ~s the case may be.

In case of resignatloo Of termination from employment of a teal es12!e service ptactitiOll(>tf the same
shan be reported by Ihe emploYe! to the Board withlo a pericd not to exceed fifteen (15) days from
the date 01 etlocb-.;ity of Ole fcsignalloo or terTnlnabon. Sub)E<:l to me pro'l'isions o! the Labor Code,
a corpor.tlkln or partner!hlp may hire !he service! of regiSlered and licensed real estate brolo:ers,
appf'alSefS Cf consultants 011 cotnm)5sion basis to perform real estate set'-1ces aod the latle! shall be
deemed Ifldependent contractors and not employees 01 sUCh corporabons. •

, SEC. 33. ()splay of L.ICellse in lhe PJace of BusItJess.. Every reg;stered arod licensed rea! estate seMce
prac&1ioner shall estabksh and malf\ta!n a pnncip3t place of business and such OCher bra.'ICh
ofIices as may be necessary, and shall conspicuously ~1 !hell"" Ule a'lg!l'ial andior
certified !rue copies of hisi'her certificate of tegtStra'.ion <tOO prc!essional identification caro as
wei as !he cet1Ifica:es of registration and pro{esslonal ldentification cacds 01at :he feal estale
ser/Ia! practitioners empkJyed In such off.c:e
SEC. 34. AccJ&dllalion and lJl!egratkm of Real Es!ale Ser<.7re AssociatiOns.· All real estate sernce
associations shall be integra~ed imo OIle (1) national OI'ganization , which snaU be recognaed
by the Boom, sobjec!: to L.,e approval of !he Commission, as !he only ac(redited and integrated
professional orgalllza\K)(1 of rea! estate servICe practlttooers pursuant io PRe Res. No. 20(}4. \78,
5efies or 2004

Areal estateSCl'o'lCepI'aClltJontrdulyreglstered wlih the Boardshallautanatical!ybecoo'le amember

of the acaedited and int:egfated ptOtessional orgar..zalion of real csta'.e serviCe pcacti!icr.ers and
shaD I'eCelYe !he benefits and pmi!eges awurtenanl therelo; ProYided Thai the Board. subject
10 approval by the Cornfr6s!On. shall ISSue a ResoIutlCr! 00 !he membt'fshlp an<! payment at
the lee ~ as a ffiQIJIIefllffll fer the renewal of the Pro!em:x'!iII Identilic:atiOIl Card. The
aotoma!Jc membership in !he a::oe1ited and Iltegrated profesSional organtZd.Klfl of real eslill:e
seMCe practlOOners shall no!: be a bar to membership in otl1ef associalions of real es'.a:e service
practitioners.

Code 01 Ethics and Responsibiibes (OT Real Eslale Sef\'Ice PractiJonefS.- The Beard shall adopt

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SEC. 35.
and pt'l)InJIgate the CQ$e of E!hIt::s and ResponshWies for real estate ~ praclilloners wtuch

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shall be prescribed and issued by the accredited and Ltltegfale<l professiooal orgarJz.11!OO (A1PO)

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of real estate seMCe pracritlalets.

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SEC. 36. Continumg ProtsssiOrlsl fdlJl"...aIion rCPE) Program.- The Board shaii i!.eveIop. prescribe and
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promulgate gUldelmes 0I"l CPE upon ccflsultation ....llh the accredIted and inlegtaled professIonal
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organization of real estate service practmoners, affiliated asSOCIation of rea~ estate seNice
practillOflers and olher conceme-d sedor~, and III accordance with suCh po!ic:es as may have
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tlee!1 pte$C11000 by tile Board, subject 10 the appro>'al 01 the CommISSIon The Soard shall create
a CPE Cooocil that shall be composed of a chalr~oo comll"lg from ,he Board, a member from
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the accredited and integrated professiooal organization of real estate service practitioners and a
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member 1/0!'I1 the acarJeme .

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SEC. 31. Enforcemenl A,ssistan«J 10 ·the Board.- The Board shaU be assisted by tr.'t! Com:mSSIOl'l in
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carf)'iOg out the provISions of RA No. 9646 and the IRR and other pokdes. The lawyers of the
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CommISsiOn shall act as pfClSECJlors aga.~t Illegal ptaCtitioners and o:;er violators of RA No.
.fo

9646 hi the tRR. The duly constMed au:horities of the governmel1l ~ bkewise assISt the
Board and the ComnJssron IfI enforo,'lg toe prOVlSIOOi of R.A. No.. 9646anrl the 1M.
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SEC. 38. Indica/lon of the CertifIcate of Regis(talJO(l . ProfessmaIldefItif1cafian Carl:M.icense 1Wmbet.

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Pn'iJege Ta.( Re<:8fpf (PTR) t./l.Jmbef, and kaedJ1ed lIJIegrated ~ (Xganlzabon

(AJPO) Mmtber - Real esb!e service prar::litiorIers sha1 be reGuired io indule the certificate of
regisua!icn. protesslonal identiflcat.oo card, PTR 1)U'T()er, and AtPO member'stlIp and lot receipt
numbe:, and !he date of ISSUance and the duraoon of vaIid.ty on the dcoJ!!'lefI~ hefshe slgOs. uses
or issues $I'! conne : IlO/'l with the practice of hlSffier profesSion

RULE Y
PENAL AND FINAL PROVISIONS

SEC. 39. Penal Provisions.- A!ty vioIatio."1 of RA 9546, indudIng violations oj \tIiS IRR. shall be meted the
petlalty of a line 01 001 less !ha!l one hundred thousand pesos {P'OO,OOO OO} or lrI'1p1'1SOfImenl 01
nolless than!'Ml (2) years, or both suCh fine and IlllPf/Sonment upon the discretioo of the court. In
case !he >'ioIatlOl'l ls commllled by an unlicensed real estate SetV1Ce pr8Cf!tior:er, !he penalty shall
t>e.oouble the aforesaid fll'le and impnro;l1l16!ll.
 If! CflSe Inf! Vloialion is committed, by a parmmhip, corpora60n, association or any other Juridical
p€fSon. the partnel, DresK.lent. directOf Of manager who has commiUe<l or cooser.!ed to or knowlIlgly
!Olefa!ed such waboo shall be held directly liable and responsible lor the acts as pnoopat or as a co-
pflncipail'iith the other partICIpants if any

SEC. Ml. ApproprIatIOns.· The chall'pefSOO of the Profes5looal RegulatIOn Corr.mISS!(l(! shali tmme<1!3!e1)'
inClude in lie Commrs!lOrl'S programs the Iffiplementalloo 01 RA No 96d6 and tr'Ie IRR /tie
funding of whtdI shal be II'Iduderl If! !he annual General Appropnabons Act afld !hereafter.

SEC. '1. Ttar.s.fCJ'y Pr(W!sion.· Wiltbn days ~ the e~J".ity of RA No. 96016, !he OTi .
ni!".ety (oo)

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Bureau of Trade RegtJla!Jon and Consumer ProtectlOO {BTRCP} shall transfer aft pert:nenl
records documents and omer ;natenals 10 troe Professional Regu;atory Soard of Real Estate

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SEC. 42. Implementing Rtie:s and Regt.Jlatioos.. \'{l".h!n 511: (6) monlhs afta' the elfectvily of R.A. No,

n
9646, Ihe ~ioo . Iogettoef Wl'JI the Board and the accredited artd inteQraled professional

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organizauon 01 real estate seMce pracutioners, !he Oeparimenl of Fmance, and the CHED. shall

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prepare the neCE'Ssary rules and regulallO!lS, iod ..diog !he Code of ElIlieS ar.d Respcr1S:OiIrties
lot reill eslale ~ pracllliorlers. ~ed to Implement the proislOflS of RA No. 9G46 The
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Board shall issue and promulgate a resoIuiion for the 1M subject to review aoo appl'O'lai by the
eomm.."",
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NOthing in RA. No. 9646 and 1M IRR shan be COI1.SlfUed Of inlefl)t"e-ted to effect Of pre\'ent the
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pracoc.e of any other profession ~al!!, leg.dated by an'j other profess!OIlal regulatcry !aw.
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SEC. 43. Separability Clause.- If any cl.a:;s.e, sentence, paragraph or part of the IRR shall 00 declared
uncons6lUhcoa! Of !l'\valid, SlJch jtidgrr.e;t shan not affett, inva~date or impair any other pan
.fo

the-roof
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SEC. 44. Repealing CJ8Use.

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1 Secbons 3{e) and (eel of Act No. 2728, as amended by Act No. 3715 and AcI No 3969,
SeCbiJ,'\S4n and 413 of Itle local GovemmenI Code of 1991 (Republ';cAct No 7160). and
p€!rIlnenl provtSIOOS or L"Ie Civil Serw::& Law ill"e hereby mo::!lfOE!d actofd;ngjy.
All laws, decrees, execullve CIders. depart.'l1e!'l1 Of memorandum O!dem aod other
adrTllllstratr..e tssuances or pa~ thereof wh.ch are iru:UWs!en1 w.th tre pI'OVISQ'IS of RA
No. 9646 an1 ! 01 the IRR a:e hereby iOOIfdied. superseded Of tept'8'2 j aa:ordin.gly.

SEC. 45. ElfedMy' ThelRR shallilke effedafter fifteen (15) days IoIIcIWlg i'.s tuB aod~ete puhlra!Jon
itllhe Off'.aaI Gazer.e Of ItI a rr,a-p dar/ newspaper of gene!a! On::ula1lOn in the PiliIippines
Done in me City o~ Manila this 21*' day of July, 20H). -
/'~)

C;,~ ,-----
eDUARDO GuTieRREZ /ONG
Chairman

MON C.F. CUERVO III SANC.CHOA

Member '<'Iember

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ATTESiED BY:
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RLOS G. ALMELOR
~r~l:ary. Professional Re9ulatoly Boards
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APPROVED:
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.£;1-;(';(,..........,
NILO LR~::~
CommissIoner

NPLJfASAlNlRJEGOiRCFCIBCCfRMf!FCDtCGAlClE:belh
 •
OFHCIALSEAL ()f'TIlK PROFFM<;i:iJONAl. Rf!.GUl.XrORY BOARO
or It:(AL ~"'TAT£ SER.VICf: (PR.IJRIi:S)

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.. LInd - lq:t"CSC1\!5- Real EI'~lc

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.. Strocu.<n5 - rCpi=1 jmp"o~~ltIoelll$ on the I.lnd $lICh u R~idmUaI. Il¥Iustr~L

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ContIMfcial& illsUl ...li<!na1 buiklings

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.. G~ lill~ - rcpri::>CnI cs.tafC ~1cc

p:'aC!lti<>Dcn 1..:h U 1'Q1 owe

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oomuttants. ,ul ~ app'3$cn,. real C$!a\C "d"sC$SOf$. and real e5!a!C broten &:
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• Rt'd , Whit .... Ollie alld Ycllow·· hI? ' 1.1 ~ eolOi ofth¢ PI'IIlippl!le Illig

.. Blut' - cllior of_~

.. Rising 3"11 - tepf~f\O 1he ,,'Ita! rale. or 1M: re:t! "'-'1).10: ~f:n'l<.t ~ir'<lncr5 in the
rocial, political. economic di:vdopaA!m and pn'lgr"s orille I"'IuJippmcs.