THE REAL ESTATE SERVICE ACT of the PHILIPPINES

MEMORANDUM


For : ALL REGIONAL AND PROVINCIAL

____ DIRECTORS/CARETAKERS


From : VICTORIO MARIO A. DIMAGIBA

______Director


Date : 14 January 2010


Re : Announcement to Real Estate Developers and

____ Real Estate Practitioners

____________________________________________________________________________


In reference to the attached self-explanatory announcement issued by PRC Chairman Nicolas P. Lapena and the above-signed, please disseminate the same for the information and guidance of all concerned.


Thank you very much.



ANNOUNCEMENT

TO ALL REAL ESTATE DEVELOPERS

& REAL ESTATE SERVICE PRACTITIONERS

“Pending the appointment of the Chairman and Members of the Professional Regulatory Board of Real Estate Service (PRBRES), pursuant to Republic Act No. 9646, all Real Estate Brokers, Real Estate Appraisers and Real Estate Consultants, whose licenses issued by the Department of Trade and Industry (DTI) expired on December 31, 2008 and onwards, are required to file their application for registration without examination under Section 20, Article III of R.A. No. 9644 [sic? 9646] from January 12, 2010 to July 30, 2011, stamped received by the Professional Regulation Commission and/or the PRBRES. Such application shall be deemed proof of authority for the lawful exercise of their profession until such time that the PRC and the PRBRES shall have approved it.


For the guidance of all concerned, the contact address of the PRC is P. Paredes St., Sampaloc, Manila,

Attention : Office of the PRB Secretary

________________________________

________________________________


Manila, 12 January 2010



(Sgd. ) NICOLAS P. LAPEĊ‡A, JR. ___ (Sgd.)VICTORIO MARIO A. DIMAGIBA

_______Chairman__________________________ Director

Professional Regulation Commission _________________Bureau of Trade Regulation & Consumer Protection

__________________________________________________DeDepartment of Trade and Industry

____________________________________________________________