DECREE

CONDITIONS FOR TRAINING BUSINESS IN SPECIALIST KNOWLEDGE, PROFESSIONAL COMPETENCE IN MANGEMENT AND OPERATION OF APARTMENT BUILDINGS, KNOWLEDGE OF REAL ESTATE BROKERAGE PRACTICING, REAL ESTATE TRANSACTION MANAGEMENT

Pursuant to the Law on Government organization dated June 19, 2015;

Pursuant to the Law on Housing dated November 25, 2014;

Pursuant to the Law on Real Estate Trading dated November 25, 2014;

Pursuant to the Law on Investment dated November 26, 2014;

Pursuant to the Law on Enterprises dated November 26, 2014;

Pursuant to the Law on Education dated November 27, 2014;

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The Government has promulgated the Decree stipulating conditions for training business in specialist knowledge, professional competence in management and operation of apartment buildings, knowledge of real estate brokerage practice, real estate transaction management.

Article 1. Governing scope

This Decree stipulates conditions for training business in specialist knowledge, professional competence in management and operation of apartment buildings, knowledge of real estate brokerage practice, real estate transaction management.

Article 2. Regulated entities

1. Organizations and individuals running training business in specialist knowledge, professional competence in management and operation of apartment buildings, knowledge of real estate brokerage practice, real estate transaction management.

2. Relevant organizations and individuals;

Article 3. Conditions for training business in specialist knowledge and professional competence in management and operation of apartment buildings

Organizations and individuals that run training business in specialist knowledge and professional competence in management and operation of apartment buildings should meet following conditions:

1. Be established and operate in Vietnam; have functions in vocational education or college, university training or postgraduate education and training according to laws.

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3. Curriculum or teaching materials are compliant with the framework program for training issued by the Ministry of Construction.

4. At least 40% of total lecturers are official personnel or have permanent employment contracts in accordance with the framework program for training issued by the Ministry of Construction.

5. Be recognized by the Ministry of Construction as eligible for training in specialist knowledge and professional competence in management and operation of apartment buildings.

Article 4. Conditions for training business in knowledge of real estate brokerage practice and real estate transaction management

Organizations and individuals who wish to start training business in knowledge of real estate brokerage practice and real estate transaction management should meet following conditions:

1. Be established and operate in Vietnam; have functions in vocational education or college, university training or postgraduate education and training according to laws.

2. Facilities are adequately equipped for learners to learn and practice knowledge of real estate brokerage practice and real estate transaction management.

3. Curriculum or teaching materials are in accordance with framework program for training issued by the Ministry of Construction.

4. At least 30% of the total lecturers are official personnel or have permanent employment contracts in accordance with the framework program for training issued by the Ministry of Construction.

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1. The Ministry of Construction:

a) Stipulate procedures, applications for recognition of training institutions, number and requirements for lecturers in specialist knowledge and professional competence in management and operation of apartment buildings; number and requirements for lecturers in real estate brokerage practice and real estate transaction management;