The goal of the new draft law is to create a safer and more structured environment for conducting real estate activities. It has been developed as part of efforts to debureaucratize the industry and is intended to systematize the processes of interaction in the real estate market.
Among the key provisions of the draft, the following can be highlighted:
• the mandatory state registration (certification) of realtors in accordance with established professional activity standards;
• the introduction of a realtor identification card that allows citizens to verify the status and legitimacy of the intermediary;
• the creation of unified standards for real estate services and standard contracts;
• the provision of clear information about the status, role, and powers of the realtor in the transaction;
• a ban on double commissions and misleading advertising of real estate objects;
• the establishment of liability for illegal real estate activities and violations of established norms.
Additionally, the draft includes tax measures aimed at minimizing speculation in the real estate sector.
The adoption of this draft law is expected to be a step towards organizing the market, increasing the level of trust of citizens in realtors, and creating civilized conditions for the work of conscientious agents.
