THE REAL ESTATE SERVICE ACT of the PHILIPPINES

Advisory on PRC Resolution No. 2012-668 and PRC Resolution No. 2012-673



The Professional Regulation Commission issued last June 21, 2012, Resolution No. 2012-668, Series of 2012 or the “Guidelines in Implementing Section 7, paragraphs (j), (l) and Section 16 of R.A.8981, otherwise known as the PRC Modernization Act of 2000, the Pertinent Provisions of the Various Professional Regulatory Laws, the General Agreement on Trade in Services, and other International Agreements on the Practice of Foreign Professionals in the Philippines.” PRC Resolution No. 2012-668 was published at the Philippine Daily Inquirer on June 26, 2012 and the same became effective on July 12, 2012. 

This Resolution which implements covered Professional Regulatory Laws and Section 7 (j) of Republic Act No. 8981, otherwise known as the“PRC Modernization Act of 2000” requires foreign professionals who intend to practice a regulated profession in the Philippines to secure a Special Temporary Permit to practice from the Professional Regulation Commission, under any of the following circumstances: 
Category A - foreign professionals applying for registration with or without examination under reciprocity or other international agreement
Category B - foreign professionals intending to practice a profession in the Philippines under reciprocity or other international agreement
Category C - foreign professionals who are to be engaged by the Government as consultants in foreign-funded, joint venture or foreign assisted projects
Category D - foreign professionals who are to be employed by local or foreign private firms or institutions pursuant to law
Category E - foreign health professionals on humanitarian missions for a limited period of time
Category F - foreign professionals under Presidential Decree No. 541, or the law “Allowing Former Filipino Professionals to Practice their Respective Professions in the Philippines”
The issuance of the Special Temporary Permit to practice shall be subject to compliance with the documentary requirements and payment of fees prescribed under the said Resolution.All applicants shall be required to submit a duly accomplished and notarized Application Form together with a photocopy of his/her valid passport showing his/her citizenship, type and validity of visa issued and proof of entry in the Philippines, in addition to other documentary requirements prescribed for each category. All applicants shall be required to pay a non-refundable processing fee of Three Thousand Pesos (P3,000.00) and permit fee of Eight Thousand Pesos (P8,000.00). Those falling under Category F shall pay the arrears, in addition to the permit fee, as stated above. 
The practice of a regulated profession in the Philippines without the Special Temporary Permit from the Commission amounts to illegal practice of profession which warrants the imposition of the corresponding administrative, civil and penal sanctions, pursuant to applicable laws on the matter. 

All foreign professionals who are already in the country but engaged in the practice of a regulated profession without the Certificate of Registration, Professional ID Card or Special Temporary Permit shall be allowed a ninety (90) day grace period or until October 10, 2012 within which to secure the said Certificate of Registration, Professional ID Card or Special Temporary Permit from the Commission without penalty, subject to the requirements prescribed under PRC Resolution 2012-668, Series of 2012. 

Please be likewise advised that the Professional Regulation Commission issued Resolution No. 2012-673, Series of 2012, “Suspending the Effectivity of Section 5 and Section 17 of Resolution 2012-668, Series of 2012, entitled the Guidelines in Implementing Section 7, paragraphs (j), (l) and Section 16 of R.A.8981 otherwise known as the PRC Modernization Act of 2000, the Pertinent Provisions of the Various Professional Regulatory Laws, the General Agreement on Trade in Services, and other International Agreements on the Practice of Foreign Professionals in the Philippines with respect to subsection E, Section 2 thereof.” 


Pursuant to the aforecited Resolution, covered foreign health professionals on humanitarian missions shall pay the One Thousand Two Hundred Fifty Pesos (P1,250.00) permit fee only and shall be exempt from the professional liability insurance requirement. Said suspension shall commence on August 23, 2012 and shall last for such period of time as may be determined by the Professional Regulation Commission. 

Courtesy of : www.prc.gov.ph
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July 2012 Real Estate Appraiser Licensure Examination results released in three (3) working days



The Professional Regulation Commission (PRC) announces that 587 out of 1,117 passed the Real Estate Appraiser Licensure Examination given by the Board of Real Estate Service in Manila, Baguio, Cagayan de Oro, Cebu, Davao and Iloilo this July 2012. 

The members of the Board of Real Estate Service who gave the licensure examination are Dr. Eduardo G. Ong, Chairman; Ramon C. F. Cuervo III, Florentino C. DiƱo II and Rafael M. Fajardo, Members. 

The results were released in three (3) working days after the day of the said examination. 

Registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will start on Wednesday, July 18, 2012 until July 24, 2012 at the Registration Division Unit C, Ground Floor PRC Main Building. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), 2 pieces passport size picture (colored with white background and complete nametag), 1 piece 1” x 1” picture (colored with white background and complete nametag), 2 sets of metered documentary stamps and 1 short brown envelope with name and profession and to pay the Initial Registration Fee of P600 and Annual Registration Fee of P450 for 2012-2015. 

All registrants are likewise required to submit an original copy of Surety Bond for three ( 3 ) years (with certificate of good standing from the Insurance Commission), minimum amount of which is P 20,000.00, with the Professional Regulation Commission (PRC) as Obligee. For government employees, no Surety Bond is required, but instead, submission of a notarized original Certificate of Employment from their respective offices is required. 

Successful examinees should personally register and sign in the Roster of Registered Professionals. 

The date and venue for the oathtaking ceremony of the new successful examinees in the said examination WILL BE ANNOUNCED LATER.
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STATUS of the AIPO and ELECTIONS

STATUS of the AIPO and ELECTIONS

Last March 28, 2012, a meeting was held by the Committee on Civil Service and Professional Regulation of the House of Representatives [ Congress ] for the initial deliberation on House Resolution No. 2149 to look into the matter relating to the accreditation and integration of real estate service associations into one National Organization as mandated under Section 34 of RA 9646, authored by Rep. Rodolfo G. Valencia.

Based on information received, various sectors, such as PRC, PRBRES, national associations were present and gave their position as to how the AIPO should be formed.  Primarily, the questions rests on whether it is an integration of national real estate service associations or individuals.

As such, the Committee ended the meeting by stating that it will come out with its resolution/decision on the matter after hearing the various points of views, which is still expected to be sometime May 2012.

It is therefore evident that the planned elections and even deadline which is being imposed by the Philres, will have to be held in abeyance pending the resolution of the Committee given that the resolution is still expected sometime May 2012 and the planned AIPO Elections has been announced by Philres to be on May 19, 2012, in order to give due respect for the resolution/decision of the Congressional Committee.

Below is the full text of House Resolution No. 2149.
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