Reissuing a Real Estate Trading Floor License

Reissuing a real estate trading floor license ensures that property transactions comply with regulations. This process enhances the reputation and operational efficiency of a real estate business. This article provides information on the cases, sequence, and procedures for reissuing a real estate trading floor license in a direct and timely manner.

Reissuing a Real Estate Trading Floor License in Vietnam
Reissuing a Real Estate Trading Floor License in Vietnam

Cases for Reissuing a Real Estate Trading Floor License

According to Point a, Clause 3, Article 17 of Decree 96/2024/ND-CP dated July 24, 2024, the provincial-level state management agency for real estate business will reissue an operating license in the following cases:

  • The license is lost, torn, burned, or destroyed in another form, upon request from the real estate trading floor.
  • The information on the license changes as stipulated by regulations.

Competent Authority

According to Clause 1, Article 26 of Decree 144/2025/ND-CP dated June 12, 2025, the Department of Construction is the provincial-level state management agency responsible for real estate business. This body handles the reissuing a real estate trading floor license.

Procedure for Reissuing a Real Estate Trading Floor License

The procedure for reissuing a real estate trading floor license is detailed in Clause 3, Article 17 of Decree 96/2024/ND-CP.

Application Dossier

The application dossier for reissuance includes:

  • An application for reissuance of the operating license.
  • The original operating license (in case of damage).
Procedure for Reissuing a Real Estate Trading Floor License
Procedure for Reissuing a Real Estate Trading Floor License

Implementation Sequence

Based on Point c, Clause 3, Article 17 of Decree 96/2024/ND-CP, the sequence for reissuing a real estate trading floor license is as follows:

  1. The real estate trading floor submits a dossier to the provincial-level state management agency for real estate business where the license was issued. Submission can be in person, via postal service, or online.
  2. After receiving a complete and valid dossier, the agency is responsible for reviewing the file and reissuing the operating license within 05 working days.
  3. In case of refusal, the agency must provide a written notification stating the reason.

Consulting and Authorization Services by Long Phan Consulting Company

Long Phan Consulting Company provides comprehensive services for the procedure of reissuing a real estate trading floor license. Our service scope is structured to deliver maximum support.

Legal Consultation and Dossier Preparation:

  • We provide detailed advice on the specific cases that qualify for reissuing a real estate trading floor license.
  • Our experts consult on the required components of the application dossier and the procedural workflow.
  • We draft and prepare all necessary documents with precision to meet regulatory standards.

Procedural Execution and Representation:

  • We conduct a thorough legal review of all documents and evidence before submission to the competent authority.
  • As your authorized representative, we submit the dossier and monitor the entire processing timeline.
  • We act on your behalf to manage all communications and requirements from the state agency.

Result Management and Post-Service Support:

  • Our team receives the reissued license and delivers the official results directly to you.
  • We provide clear explanations of the contents of the new license upon request.
  • We remain available for further support to ensure your operations continue without interruption.

Frequently Addressed Topics

The following are common questions related to reissuing a real estate trading floor license.

Definition of a Real Estate Trading Floor

A real estate trading floor is a place where transactions involving the sale, transfer, lease, sublease, or hire-purchase of real estate occur. It must be established and operate in accordance with the Law on Real Estate Business. Legal Basis: Clause 10, Article 3, Law on Real Estate Business 2023.

Naming Regulations for a Real Estate Trading Floor Business

The name of the business, chosen by the founding organization or individual, must contain the phrase “sàn giao dịch bất động sản” (real estate trading floor) and must not be identical to or cause confusion with the name of another registered real estate trading floor service business. Legal Basis: Clause 2, Article 54, Law on Real Estate Business 2023.

Changes to a Reissued License

A reissued operating license retains the same license number as the previously issued one to maintain continuity with existing records and data. Legal Basis: Point c, Clause 3, Article 17, Decree 96/2024/ND-CP dated July 24, 2024.

Possibility of License Revocation

Yes. The provincial-level state management agency for real estate business can issue a decision to revoke a license and terminate the operation of a real estate trading floor as stipulated in Clause 4, Article 17 of Decree 96/2024/ND-CP dated July 24, 2024.

Cases for Suspension of Operation

The provincial-level state management agency for real estate business will issue a decision to suspend the operation of a real estate trading floor if the floor fails to meet the required operating conditions or if the floor voluntarily suspends its activities. Legal Basis: Point a, Clause 5, Article 17, Decree 96/2024/ND-CP dated July 24, 2024.

Conclusion

Reissuing a real estate trading floor license is a critical step to ensure operational continuity, transparency, and legality. Correctly executing this procedure helps the trading floor maintain stable operations and demonstrates compliance with the law in the real estate sector. For detailed consultation and support for a fast and compliant procedure, contact Long Phan Consulting Company via hotline: 1900636389 for dedicated and professional service.