LAW OF THE REPUBLIC OF UZBEKISTAN

The realtor organization is the commercial organization performing realtor activities according to the procedure, established by this Law.

The realtor - the person having the status of the individual entrepreneur, the qualification certificate and performing realtor activities according to the procedure, established by this Law.

The realtor can render intermediary services in case of the conclusion of transactions on real estate objects and the rights to them.

Article 5-1. Professional public associations in the field of realtor activities

Professional public associations in the field of realtor activities are the non-state non-profit organizations based on membership at least fifty realtor organizations and realtors, operating for the purpose of assistance to increase and maintenance of professional level of realtors, protection of their professional interests including in courts.

Professional public associations in the field of realtor activities:

participate in development of test questions to qualification examination of the realtor and in holding qualification examination;

approve the Code of professional behavior of realtors and provide systematic monitoring of its observance;

prepare suggestions for improvement of the legislation on realtor activities;

accept in accordance with the established procedure in membership the realtor organizations and realtors;

keep the register of the members and post it on the official website;

exercise control of observance by the members of requirements of this Law, national standards of realtor services, the Code of professional behavior of realtors, other regulatory legal acts in the field of realtor activities;

exclude the realtor organizations and realtors from membership for the violations revealed as a result of control bring submission to authorized body about cancellation of the qualification certificate of the realtor who allowed violations;

will organize information and methodical providing the members;

participate in work of the international organizations and commissions of authorized state body in the field of realtor activities;

provide monitoring of system of advanced training of realtors and following the results of year till January 20 provide in authorized body information on passing of professional development course in training centers on training of realtors.

The decisions made by professional public associations in the field of realtor activities within the powers are obligatory for execution by all their members.

Professional public associations in the field of realtor activities are financed by the admission and membership fees and other means which are not forbidden by the legislation. At the same time the sizes of fees and rates of payment it is established by general meeting of their members.

Heads and employees of professional public association in the field of realtor activities have no right to be founders of the realtor organization, to work in the realtor organization or to act as the realtor, to sign contracts of civil nature with the realtor organization, and also to be affiliates concerning heads, realtors or other employees of the realtor organizations.

Article 5-2. Governing bodies of professional public associations in the field of realtor activities

The supreme body of professional public association in the field of realtor activities is general meeting of his members which is convened at least once in five years.

The executive body is elected by the supreme body of professional public association in the field of realtor activities from among his members and performs the current management of activities of public association.

Authorized state body in the field of realtor activities:

coordinates activities of professional public associations in the field of realtor activities;

holds qualification examination together with professional public associations in the field of realtor activities;

performs issue, cancellation and cancellation of the qualification certificate;

considers representations of professional public associations in the field of realtor activities about cancellation of the qualification certificate;

approves the single program of advanced training of realtors together with professional public associations in the field of realtor activities and controls its accomplishment;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info