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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of January 9, 2006 No. 15

About realtor activities in the Republic of Belarus

(The last edition from 29-11-2013)

For the purpose of protection of the rights and legitimate interests of consumers of realtor services, strengthening of the legal basis of realtor activities:

1. Determine that:

1.1. The Ministry of Justice realizes state policy in the sphere of realtor activities in the Republic of Belarus, and also exercises regulation, control and control in this sphere according to this Decree;

1.2. realtor activities are allowed only in the presence of the special permission (license) for implementation of activities for rendering legal services issued by the Ministry of Justice with indication of constituting the licensed type of activity of services of realtor services if other is not provided by legal acts;

1.3. realtor activities in the Republic of Belarus are intermediary activities of the commercial organization for assistance in case of the conclusion, execution, the termination of construction agreements (including equity), purchase and sale, exchange, lease, other transactions with real estate objects, the rights to them (except for the organizations and holding auctions and tenders), including:

consulting services in transactions with real estate objects;

submission of information on the demand and supply on real estate objects;

matching of versions of the transaction with real estate object, transactions with participation in real estate asset construction;

organization and carrying out coordination of conditions of the forthcoming transaction;

the help in preparation (registration) of the documents connected with implementation of the transaction with real estate object, transactions with participation in asset construction of the real estate, registration of real estate, the rights to it and transactions with it.

The services specified in the parts one of this subitem constituting realtor activities are realtor services;

1.3-1. The Council of Ministers of the Republic of Belarus establishes the prices (rates) for realtor services, including of realtor services in assistance in case of the conclusion, execution, the termination of purchase and sale agreements of real estate objects which payment is performed in percentage terms from the project cost of the real estate specified by legal entities or physical persons in the purchase and sale agreement;

1.4. the commercial organizations performing realtor activities, having the right to perform in accordance with the established procedure in addition the following types of activity:

advertizing and publishing activities in real estate field;

activities for value assessment of objects of the civil laws (the companies as property complexes, capital structures (buildings, constructions), the isolated rooms, parking places, the parcels of land).

The state commercial organizations performing realtor activities, having the right to make in addition to the type of activity specified in paragraph three of part one of this subitem value assessment of other objects of the civil laws which are in state-owned property according to the Presidential decree of the Republic of Belarus of October 13, 2006 No. 615 "About estimative activities in the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2006, No. 168, 1/7999);

The territorial organizations for state registration of real estate, the rights to it and transactions with it have the right to perform realtor activities along with activities for state registration of real estate, the rights to it and transactions with it according to the procedure, established by this Decree;

1.5. for the purpose of ensuring compliance to the legislation of registration of the rights to real estate objects, protection of valuable interests of citizens and legal entities the commercial organizations performing realtor activities have the right to obtain information from state bodies and other organizations on real estate objects, about the rights to them, legal entities and physical persons - the parties of the transaction concerning which realtor activities are performed except for of the data which are official, trade secret, the state secrets other information which provision is limited or has enough by legislation.

Procedure for representation to the commercial organizations performing realtor activities, information specified in part one of this subitem and the amount of payment for its representation are determined by Council of Ministers of the Republic of Belarus.

1.6. in the cases provided by legal acts, the contract for rendering realtor services can be signed by the consumer of these services only with the state realtor organization.

2. Voided

3. Approve the enclosed Rules of implementation of realtor activities in the Republic of Belarus.

4. Grant the right to the Ministry of Justice within the competence:

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