Professional Regulatory Board of Real Estate Service (PRBRES) - Board

Certification from the Board

1. The Real estate service practitioner would need to procure from the real estate property
owner a Notarized Authority to Sell specifying therein the duration of such authority.
2. The Real estate service practitioner would then need to register with the Board the said
authority and renew such authority when it so warrants.
3. If the real estate transaction materializes within the duration of the given authority and
would then need Certificate Authorizing Registration (CAR) from the BIR for the
conveyance of the property, the Board shall issue a certificate whether or not the
transaction has been effected by a Real estate service practitioner indicating therein the
following:
Name of The Real Estate service Practitioner
Address
PRC License Number
PTR Number
4. If within the records of the Board, there are no registered real estate service practitioner,
the Board will issue a certificate that there is no service practitioner and the transaction
has been effected directly between the owner of the property and the buyer.
With this, the said practitioner would be held accountable throughout the usual process of land
registration including but not limited to the required correct payment of taxes. This will ensure
accountability throughout the process of the conveyance of the land until a new tax declaration
has been issued. The service practitioner may delegate any of the process but would still be under
his direct supervision.

Advantages:

1. Avoid red tape/ fixers

2. Accountability on bribery or and other unscrupulous activity
3. Rights of all parties are protected
4. Improved Collection of Government Tax
5. Avoid Court litigations
6. Avoid colorum