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Real estate trading floors are the place to carry out transactions on buying, selling, transferring, leasing and other activities related to real estate. To operate legally, organizations or individuals need to carry out procedures to register to operate a real estate trading floor in accordance with the law. This article will provide detailed information about the conditions and registration procedures, helping you better understand this process.
According to Clause 10, Article 3 of the Law on Real Estate Business 2023, real estate trading floor is a place where transactions of buying, selling, transferring, leasing, subleasing, and leasing-purchasing real estate take place, established and operating in accordance with the provisions of law.
Trading floors play an important role in connecting parties involved in transactions, providing accurate information about real estate, and supporting related services such as notary, banking and other legal services.
Specifically, the real estate trading floor has functions such as checking the legality of real estate, supporting negotiations, negotiating contracts, storing transaction information and providing transaction data to the state management agency of real estate business at the provincial level.
The establishment and operation of a real estate trading floor must meet strict requirements to ensure transparency and legality in transactions.
According to Article 15 of Decree 96/2024/ND-CP, there are basic conditions for a real estate trading floor to operate legally. These conditions include requirements for managers, locations, facilities and anti-money laundering requirements.
According to Clause 2, Article 14 of Decree 96/2024/ND-CP, the registration file for real estate trading floor operation includes the following documents:
This application will be submitted directly or sent via the postal system or submitted online to the state management agency on real estate business at the provincial level where the trading floor’s headquarters is located.
The procedure for granting a license to operate a real estate trading floor is specifically stipulated in Clause 3, Article 14 of Decree 96/2024/ND-CP, as follows:
Step 1: Submit application
The subject registering to submit the application must submit the application to the state management agency on real estate business at the provincial level where the headquarters of the trading floor is located, through the following forms:
Step 2: Process documents
Step 3: Announce the license
At Long Phan, we provide consulting services and support in implementing procedures related to the establishment and registration of real estate trading floors, including the following contents:
The registration process for real estate trading floors is not too complicated, but requires organizations and individuals to strictly comply with regulations. Correct implementation of procedures will help the trading floor operate legally and effectively. If you have any questions about the registration process or need assistance in registering real estate trading floors, please contact us via the hotline 0906735386 for quick advice and support.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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