COHO Projects

☝️PRC Licensed Online Verification..

https://onlineverification.prc.gov.ph/

REPUBLIC ACT No. 9646

AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFORE AND FOR OTHER PURPOSES

Section 29. Prohibition Against the Unauthorized Practice of Real Estate Service. - No person shall practice or offer to practice real estate service in the Philippines or offer himself/herself as real estate service practitioner, or use the title, word, letter, figure or any sign tending to convey the impression that one is a real estate service practitioner, or advertise or indicate in any manner whatsoever that one is qualified to practice the profession, or be appointed as real property appraiser or assessor in any national government entity or local government unit, unless he/she has satisfactorily passed the licensure examination given by the Board, except as otherwise provided in this Act, a holder of a valid certificate of registration, and professional identification card or a valid special/temporary permit duly issued to him/her by the Board and the Commission, and in the case of real estate brokers and private appraisers, they have paid the required bond as hereto provided.

Section 39. Penal Provisions, - Any violation of this Act, including violations of implementing rules and regulations, shall be meted the penalty of a fine of not less than One hundred thousand pesos (P100,000.00) or imprisonment of not less than two (2) years, or both such fine and imprisonment upon the discretion of the court. In case the violation is committed by an unlicensed real estate service practitioner, the penalty shall be double the aforesaid fine and imprisonment.

In case the violation is committed, by a partnership, corporation, association or any other juridical person, the partner, president, director or manager who has committed or consented to or knowingly tolerated such violation shall be held directly liable and responsible for the acts as principal or as a co-principal with the other participants, if any.

To check if your real estate broker is a PRC licensed professional, you may/can ask his/her registered name and verify it here 👉 https://onlineverification.prc.gov.ph There’s no reason not to give the real name if he/she is a legit. #PRCOnlineVerification #Legit #TransactOnlyWithLicensedRealEstatePractitioners

For Pre - Selling PROMO!!!
- The Courtyard in Taguig - 30% DP in 45 months
- The Hermosa in Las Piñas - 20% DP in 36 months
- The Meridian in Bacoor ( Bldg 2) - 20% DP in 24 months

PROMO runs until May 15, 2020 only!

For more details, pls contact Tina Sandoval, REB
📞 0917 8397911 ☎️ 02 7505 3241
📧 [email protected]
PRC No. 28662