After reading Qualifications Of Applicants for Licensure Examination Under Republic Act No. 9646 Or The “Real Estate Service Act of The Philippines”, read also What is Republic Act No. 9646 or the Real Estate Service Act of the Philippines
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Every applicant seeking to be registered and licensed as a real estate service practitioner shall undergo examination
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In order to be admitted to the licensure examination for real estate service, a candidate shall have the qualifications
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A certificate of registration shall be issued to examinees who pass the licensure examination for real estate service
E very applicant seeking to be registered and licensed as a real estate service practitioner, except a real estate salesperson, shall undergo an examination. Examinations for the practice of real estate service in the Philippines shall be given by the Professional Regulatory Board (Board) at least once every year in such places and dates as the Professional Regulation Commission (Commission) may designate.
What are the qualifications in order to be admitted to the licensure examination for real estate service under the Real Estate Service Act of the Philippines?
The law says:
In order to be admitted to the licensure examination for real estate service, a candidate shall, at the time of filing his or her application, establish to the satisfaction of the Board that he or she possesses the following qualifications:
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A citizen of the Philippines;
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A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the Commission on Higher Education (CHED). As soon as a course leading to a Bachelor’s degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the “licensure examination; and
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Of good moral character, and must not have been convicted of any crime involving moral turpitude. An applicant for the licensure examination for real estate consultants must show proof that he or she has at least ten (10) years of experience as a licensed real estate broker or an assessor, or as a bank or institutional appraiser or an employed person performing real property valuation, or at least five (5) years of experience as a licensed real estate appraiser.
All applications for examination shall be filed with the Board which shall assess and approve said applications and issue to the qualified examinees the corresponding permits to take such examination.
In order that a candidate may be deemed to have successfully passed the examination, he or she must have obtained an average of at least seventy-five (75%) in all subjects, with no rating below fifty (50%) in any subject. The results of the licensure examination shall be released by the Board within ten (10) days from the last day of the examination.
Once a candidate has passed the licensure examination for real estate service, a certificate of registration shall be issued subject to the payment of fees prescribed by the Commission. A professional identification card bearing the registration number, date of issuance and expiry date duly signed by the chairperson of the Commission shall likewise be issued to every registrant upon payment of the required fees.
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