Overview
The Real Estate Agents, Property Brokers and Property Consultants Act (Chapter 615 of the laws of Malta) came into force on the 7th July 2020 and regulates the licensing of real estate agents, property brokers, property consultants and branch managers in Malta. Pursuant to the provisions of this act, no person shall carry on the activity of a property broker or real estate agent or be employed or engaged as a branch manager or property consultant after the 31st of December 2021 unless he/she is the holder of a license issued under the Act.
What You'll Get
License to act as a property broker, real estate agent, branch manager and property consultant.
Eligibility
Any person is eligible to obtain a licence to act as a property broker or real estate agent or a branch manager, provided he: 1. has attained the age of eighteen (18) years or has been emancipated to trade in accordance with article 9 of the Commercial Code; and 2. holds a certificate in real estate having as its subject matter the legal, financial, technical and communication issues related to real estate, its marketing and sale, at a minimum of twelve (12) ECTS at level four (4) of the Malta Qualifications Framework attained from a fully licensed training institution with a regular licence by the National Commission for Further and Higher Education, or; 3. any other qualifications which the Malta Qualifications Recognition Information Centre recognises as being equivalent: Any person is eligible to act as a property consultant, provided he: 1. has attained the age of eighteen (18) years or has been emancipated to trade in accordance with article 9 of the Commercial Code; and 2. holds a certificate in real estate having as its subject matter the legal, financial, technical and communication issues related to real estate, its marketing and sale, at a minimum of eight (8) ECTS at level four (4) of the Malta Qualifications Framework attained from a fully licensed training institution with a regular licence by the National Commission for Further and Higher Education; or 3. any other qualifications which the Malta Qualifications Recognition Information Centre recognises as being equivalent.
Application Requirements
Form EA1 – Application for Eligible and Non-Eligible applicants who intend to apply for a license to act as a property broker, real estate agent, branch manager and property consultant
Timeline
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