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Philippines - a viable investment and retirement destination

In this blog, we will endeavor to provide information regarding the Philippine economy, investment, tourism and real estate in general and also in owning, selling, renting or leasing out properties in particular. Also posted are independent articles that the website administrator feels can help investors and retirees understand why the Philippines is a viable investment or retirement destination.

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RESA Bills Senate No. 2963 and House No. 3514 is now REPUBLIC ACT NO. 9646 signed by PGMA last June 29, 2009. Official Publication was made last July 15, 2009 at Phil. Daily Inquirer, page B-10 of the Business Section and after 15 days from date of publication or on July 30, the RESA law now becomes effective. Deal with licensed brokers only. Better still, deal with a Realtor ®.
A Primer on The Real Estate Service Act of the Philippines (RESA)

THE REAL ESTATE SERVICE ACT OF THE PHILIPPINES [ RESA ]

Get to know what the new law governing real estate brokers, appraisers, consultants, sales agents and even assessors, is all about . .. “The Real Estate Service Act of the Philippines with Notes and Comments” By: ATTY. ARIEL T. MARTINEZ, REALTOR Licensed Real Estate Broker, REB Lic. No. 5849 (R) Licensed Real Estate Appraiser, REA NCR 00122 (R) Licensed Real Estate Consultant, NCR 00119-07 REC (N)

What are the requirements now to be a real estate broker, appraiser, consultant & salesman?

Does one still need to be licensed as a salesman ?

What’s the penalty for violation of the RESA?

Is one liable if he or she has no license?

Why are assessors included in the RESA? Find out about all these and more in the book,

BE THE FIRST TO GET A COPY !!! Limited Initial Copies Get a copy now at the Pasay-Makati Realtors Board, Inc.

Published Sunday, November 15, 2009 2:59 AM by Odilon (Ody) dela Merced

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