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Real Estate News

22
Jun
What is The Law of real estate services?
Posted on Wednesday 22 de June de 2016

It is important to maintain regulation of work as a real estate advisor, as this hard work is the second economic power in the country, representing 5.6% of gross domestic product, generating more than 3 million jobs sources.

But to start What is the real estate law?

In 2014 it was published The Law of real estate services, with the intention to regulate the real estate practice, to allow sector operations are certified low the same criteria and attached to the right, thus is guaranteed to the investor or safety buyer. This project was promoted by the Mexican Association of Realtors to have a record in the state of those engaged in the sale of property. In order that the assessors are trained in the matter; They must have an accreditation and registration to practice. Thus promoting more investment to the state.

Of not having and exercising, the Ministry of Urban Development and Housing of the State of Quintana Roo have the power to impose fines that could amount to 66 thousand pesos. Currently there are only 120 advisers in Cancun that have these certifications that allow them to operate as advisers and are registered with the Mexican Association of Realtors.

It is very important that if you devote yourself to real estate, your accreditation procedures because it is a safer way to exercise your work. And if you're an investor is very important that you approach accredited advisers thus secured your investment in good hands, with people trained.