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Laws & Regulations Database of The Republic of China (Taiwan)

Print Time:2024/11/22 09:02
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Chapter Law Content

Chapter 3. Brokerage Agents
Article 13
The citizen of R.O.C. who has passed the qualification examination of real estate brokers and who is issued a certificate of a real estate broker according to Real Estate Brokerage Management Act may serve as a real estate broker.
Whoever has passed the qualification training of real estate assistant brokers or the qualification examination of brokers sponsored by the institution designated by the central competent authority or institution organization acknowledged by the central competent authority and may serve as an assistant real estate broker. The rules of the qualification examination of real estate assistant brokers are to be made by the central competent authority.
The training of aforementioned real estate assistant brokers shall not be less than thirty hours, whose certificates are valid for four years. Expired, assistant brokers shall submit to the certified document of 30 hours professional training program to the institution or organization, and register on the institution or organization designated by the central government.
The central competent authority shall make the fee of registration and certificate in preceding 2 paragraphs.
The regulations of qualifications, procedures for recognition, criteria for revoking recognition, training requirements for assistant brokers, course offerings, fee structures, and other compliance matters related to the second paragraph of training institutions and organizations shall be made by the central competent authority.
Article 14
Those who have passed the qualification examination of real estate brokers should have more than one year of experience in working as assistant brokers before they apply to the governments of municipal or county (city) for certificates of brokers.
The experience in working as an assistant broker in the preceding paragraph shall be acknowledged according to one of the following situations:
1. Having acquired the qualification of an assistant broker and having an income tax payment report of brokering or sales agency services.
2. Having worked in brokering or sales agency services and having an income tax payment report before the announcement of Real Estate Brokerage Management Act.
Those who are found in one of the situations specified in Article 6 (1) I~ iv or in Article 6(1) vii shall not serve as brokers. If they have already been brokers, their certificates or licenses shall be cancelled or revoked.
Article 15
The certificate of a real estate broker in the first paragraph of preceding article is valid for four years. Expired, a new one shall be applied for to local governments by submitting the certified documents of the broker’s thirty-hour professional training program taken in the institution acknowledged by the central competent authority within the latest four years.
The regulations of qualifications, recognition procedures, scope of training programs, and criteria for revoking recognition that institutions and organizations in the preceding paragraph must possess shall be made by the central competent authority.
Article 16
A broker should work exclusively for one brokerage agency and shall not work for himself or herself or other agencies for broking and sale. Should the agency to which he or she belongs agrees that he or she may work for other brokerage agencies, this article shall not apply to him or her.
Article 17
The brokerage agency shall not employ those who are not qualified to engage in brokering or sales agency services.
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