Da Nang tightens real estate business and brokerage activities

DNVN - The Department of Construction of Da Nang requires organizations and individuals to comply with the conditions for doing business in real estate services in the area and thoroughly implement the directions of the Government and the Prime Minister on rectifying and handling price manipulation and real estate speculation.

From August 1, 2024, the Law on Real Estate Business (RE) No. 29/2023/QH15 and detailed regulations will take effect. The Department of Construction of Da Nang said that it has organized training courses to disseminate the Law on Real Estate Business and detailed regulations; at the same time, regularly monitor and guide organizations and individuals to comply with the conditions for doing business in real estate services in the city.

Organizations and individuals come to transact with the Department of Construction of Da Nang.

In order to thoroughly grasp and implement the directions of the Government and the Prime Minister on rectifying and handling price manipulation and real estate speculation, the Department of Construction of Da Nang has issued a document requesting enterprises (DN) providing real estate trading floor services and real estate trading floors to contact the business registration agency to adjust the enterprise name with the phrase "real estate trading floor" in accordance with the provisions of Clause 2, Article 54 of the Law on Real Estate Business.

Review the operating conditions of real estate trading floors according to the provisions of Article 55 of the Law on Real Estate Business and related documents, and send the registration dossier for real estate trading floor operations to the Department of Construction to grant an operating license.

In case of changes in name, head office address, legal representative, or other contents in the registration dossier, within 10 working days from the date of decision on change, the real estate trading floor must send a document to the Department of Construction to be re-issued the registration certificate of operation.

In case a real estate trading floor voluntarily terminates its operations, at least 30 days before the expected date of termination of operations, the real estate trading floor must notify in writing the Department of Construction and the tax authority where it is registered to operate.

In case a real estate trading floor temporarily suspends its operations, it must report in writing about the suspension and resumption of operations to the Department of Construction, the tax authority, and the statistical agency in the locality where the operation is registered and where the real estate trading floor is headquartered. The reporting period must be no later than 10 working days before the date of suspension or resumption of operations; the suspension period shall not exceed two years.

For enterprises providing real estate brokerage services (including enterprises that have been operating before August 1, 2024), the Department of Construction of Da Nang requests to urgently review the conditions according to the provisions of Clause 1, Article 61 of the Law on Real Estate Business and Article 18 of Decree No. 96/2024/ND-CP, send information files about the enterprise (with documents related to meeting the above conditions) to the Department of Construction for posting on the housing and real estate market information system.

For individuals practicing real estate brokerage, the Department of Construction of Da Nang requires them to meet the conditions specified in Clause 2, Article 61 of the Law on Real Estate Business. For enterprises providing consulting services and real estate management services, the Department of Construction of Da Nang requires them to establish a real estate service business according to the provisions of Clause 5, Article 9 of the Law on Real Estate Business.

Enterprises providing consulting services and real estate management services (including enterprises operating before August 1, 2024) must send information about the enterprise to the Department of Construction to post on the housing and real estate market information system.

From February 1, 2025, enterprises providing real estate trading floor services, real estate transaction floors; enterprises providing real estate brokerage services; enterprises providing real estate consulting and management services operating before August 1, 2024, but not yet meeting the conditions prescribed in the Law on Real Estate Business No. 29/2023/QH15, will not be guaranteed the conditions to continue operating.

Hai Chau

Source: https://doanhnghiepvn.vn/kinh-te/da-nang-siet-hoat-dong-kinh-doanh-moi-gioi-bat-dong-san/20251020074339172