Brokers

BROKERS GUIDE
Application for Registration of NCR-Based Real Estate Brokers and Salesmen
LEGAL BASIS:
HLURB under PD 957 as amended is empowered to register real estate brokers and
salesmen dealing in condominium, farmlots, memorial parks and subdivision projects.

SCOPE:
No real estate broker or salesman shall engage in the business of selling subdivision lots or
condominium units unless he has registered himself with the Authority in accordance with
the provisions of Sections 11 & 12 of Presidential Decree No. 957 and Sections 13, 14, and
15 of Rule V of Implementing Rules and Regulations as Amended and Other Related Laws
and Regulations of the HLURB.

GUIDELINES ON APPLICATION:
1.
All applications shall be filed with Records Section.
2.
Only applications with complete requirements shall be accepted for processing.
3.
Follow up shall only be allowed on the date specified in the Official Receipt issued by
the Office.
o
During peak season (January-March), fifteen (15) working days
o
During off-season (April-onwards), one (1) week from filing

REQUIREMENTS:

Corporation/Individual
Applicant

New

Renewal

Accomplished Application Form

1 copy

1 copy

ID pictures (2 x 2) any color

2 copies

2 copies

Latest HLURB Certificate of

Registration (photocopy)

1 copy

Latest PRC License (Certificate &

ID card) ) (photocopy)

1 copy

1 copy

Copy of Surety Bond and O.R.

1 copy

1 copy

Processing fee

P720.00

(P200/Year of nonrenewal)

Sales Agent

New

Renewal

Accomplished Application Form

1 copy

1 copy

ID pictures (2 x 2) any color

1 copy

1 copy

Latest HLURB Certificate of

Registration (photocopy)

1 copy

Latest PRC License (Certificate &

ID card) ) (photocopy)

1 copy

1 copy

Copy of Surety Bond and O.R.

1 copy

1 copy

Processing fee

1 copy

1 copy

Letter of Endorsement from a

Licensed broker (employer)

1 copy

1 copy

Latest HLURB and PRC certificates

or ID of employer

1 copy

1 copy

Processing fee

P288.00

(P200/Year of nonrenewal)

DURATION OF REGISTRATION AND ITS RENEWAL:

Every registration under shall expire on the 31st day of December of each year. Renewal of
registration for the succeeding year starts in the first working day of January until 31st day
of each year. All applications filed beyond said period shall be penalized as follows:
Period

HLURB

If licensee renews the

certification within thirty (30)
days after its expiry date
(within the year).

surcharge of P200.00 in addition to the basic

fee

If renewal is made after one or

more years

surcharge of P200.00 for each year of nonrenewal plus the basic fee for the current
year only

Other Charges

HLURB

Change of Address

P50.00

Lost I.D./Certificate

50.00

Certified true copy

50.00

Certification

210.00

CASH BOND OR SURETY BOND:

Applicant broker/salesmen shall submit a bond in the amount of
P5,000.00/P1,000.00, respectively, in favor of DTI/HLURB. It may either be of the
following:
Cash bond
Surety bond
Bonds of the Republic of the Philippines
Certification from a recognized real estate association that it
guarantees the faithful and honest discharge by the applicant, as well as salesmen
working under him, of their duties and shall be liable to any and all persons who may
suffer loss by reason of such failure up to the amount of P5,000.00.
DETAILED PROCEDURES:

Activities

Issues application forms

Receives application form and supporting
documents
Checks if the documents submitted are in
order and authenticated
Assesses fees
Prepares and Issues Order of Payment
Collects payments & issues Official Receipt

Responsible Party
Records Officer

Cashier

Records application and transmit it to the

concerned evaluator

Records Officer

Evaluates submitted documents with regard

to completeness and authenticity
Records on the Official Registry Book and
assigns license no. (if new applicant) and control
no.

Evaluator/Processor

Encode & prepares certificate

Encoder/Typist

Photocopy the certification

Initial the Certificate

Evaluator/Processor

Signs Certificate

Regional Director of
HLURB

Transmit the Certificate to the Records

Section

Releases Certificate to the applicant upon

presentation of O.R.
Files the application and the supporting
documents on respective applicants file

Secretary