Bill Type
Congress Name
Long Title
AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Date filed
July 5, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB01081 |
| FULL TITLE : AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES |
| SHORT TITLE : Real Estate Service Act of the Philippines |
| ABSTRACT : "Real Estate Service Act of the Philippines." The measure aims to professionalize and upgrade the real estate practice in the country to make it globally competitive. It provides for the creation of the Professional Regulatory Board which shall be tasked to supervise and monitor all real estate transactions, stabilize the prices of land and construction materials and ensure the collection of the correct amount of taxes. |
| PRINCIPAL AUTHOR/S : ZIALCITA, EDUARDO C. |
| DATE FILED : 2004-07-05 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Mangudadatu (009 ) |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Approved by the Committee on 2005-01-19 |
| 2. Approved by the Committee on 2006-05-30 |
| MOTHER BILL: HB04847 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2004-08-02 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
"Real Estate Service Act of the Philippines." The measure aims to professionalize and upgrade the real estate practice in the country to make it globally competitive. It provides for the creation of the Professional Regulatory Board which shall be tasked to supervise and monitor all real estate transactions, stabilize the prices of land and construction materials and ensure the collection of the correct amount of taxes.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.