RESA / RESA IRR / PRBRES LOGO Flashcards
any act, omission, establishment, business or condition of property or condition of property or anything else which injures/endangers the health and safety of others, shocks, defies, or disregards decency or morality; and annoys or offends the senses
nuisance
RESA Law
RA 9646 “Real Estate Service Act of 2009”
RESA Law effectivity date
July 30, 2009
RESA Law passed on Senate and House of Representatives
May 12, 2009
RESA Law approved/signed by the president GMA date
June 29, 2009
RESA Law Senate Bill No. and House Bill No.
Senate Bill 2963, House Bill 3514
RESA IRR Date of signing
July 21, 2010
RESA IRR Effective date
August 8, 2010
what are the bundle of rights
right to possess, use, enjoy, dispose, exclude, vindicate
the one and only national integrated organization of natural persons that the board shall recognize or accredit subject to the approval by the commission
Accredited and Integrated Professional Organization (AIPO)
operate and perform activities or acts prior to the birth of AIPO
Interim Accredited Professional Organization (IAPO) - Federation of Real Estate Service Association (FRESA)
PRC meaning
Professional Regulation Commission
PRBRES
Professional Regulatory Board of Real Estate Service
PRBRES is composed of
a chairperson and 4 members (3 recommended by AIPO, 2 from Government) appointed by the President
author of RESA Law
Rodolfo G. Valencia
adopt National Code of Ethics
PRBRES
issue National Code of Ethics
AIPO
Composition of PRBRES
(names)
Chairperson: Ofelia C. Binag
Members: Rafael M. Fajardo, Jose Arnold M. Tan, Pilar M. Torres-Banaag
First Chairperson of the Board
Eduardo G. Ong
First Appointed PRBRES Board Terms of Office
Chairperson - 3 years
2 of the members - 2 years
Last two members - 1 year
The chairperson and the members of the board shall hold office for a term of ___ from the date of appointment and until their successor shall have been appointed
3 years (2 terms)
any vacancy in the Board shall be filled for the ___ of the term of the member who vacated the position
unexpired portion
The Board shall be under the supervision of the
Commission (PRC)
All records shall be kept by the
Commission (PRC)