Frequently Asked Questions

 Who Requires A Real Estate Licence?

The Act stipulates that every individual carrying out any of the below activities must obtain the relevant license:

  • Property Broker; or
  • Real Estate Agent; or
  • Branch Manager; or
  • Property Consultant

The application should be submitted according to the individual’s current engagement within the property intermediary industry. If one carries out the activities of a Branch Manager and a Property Consultant simultaneously one may apply for both license types.

No other license types can be awarded simultaneously.

Is the Licence Mandatory?

Yes.

All individuals conducting the activity of a Property Broker or a Real Estate Agent or employed/engaged as a Branch Manager and/or Property Consultant require a license in accordance with Section A.  You may wish to apply for a license from here.

Individuals who act either as intermediaries on an Occasional Basis or as Apprentices (Subsidiary Legislation 615.02) need to be registered accordingly with the Real Estate Licensing Board.

What are the consequences of operating without a license?

The Act clearly states that any individual who operates as a property intermediary within the industry and does not possess a license or is adequately registered with the Real Estate Licensing Board, shall be liable to an administrative fine (multa) not exceeding twenty thousand Euro (€20,000).

What is the purpose of Subsidiary Legislation 615.03 – Determination of Licensing Applications Regulations – issued on 24th December 2021?

Subsidiary Legislation 615.03 states that any individual, exercising his trade or profession in real estate and to whom the provisions of the Act [Real Estate Agents, Property Brokers and Property Consultants Act (Cap. 615)] apply, who submitted an application for a license in its completed form to the Board, shall not be withheld from continuing in the exercise of his trade or profession during the period in which his application is being processed and determined, unless the Board directs otherwise when the circumstances so require.

What is the purpose of Subsidiary Legislation 615.02- Work Experience in Real Estate – issued on 24th December 2021?

Subsidiary Legislation 615.02 states that every individual who intends to obtain a license in terms of the Act [Real Estate Agents, Property Brokers And Property Consultants Act (Cap. 615)], and until such license is obtained, desires to gain work experience in real estate, may submit an application to the Board requesting permission to undertake a period of work experience, for a period not exceeding twelve (12) months, with a licensed Property Broker/Real Estate Agent/Branch Manager and assist in the functions of the Property Broker, Real Estate Agent or Branch Manager under their regular supervision.

Section A

What are the requirements to apply for a License?

Individuals applying for a license:

  • Must be at least eighteen (18) years of age
  • Are in possession of:-
  1.    A recognised Certificate in Real Estate and
  2.    A Health and Safety Certificate.

Applicants MUST also provide:

  • ID/Residence Permit/Passport – please provide a copy of your identity card / Residence Permit from both sides.
  • A recent Police conduct (not older than 1 month before the date of application submission).
  • Declaration of financial standing signed by a Notary/CPA.  The declarant must verify that the applicant has never been declared bankrupt and that they are not undergoing any bankruptcy/liquidation procedures at present.
  • Curriculum Vitae (C.V).
  • Jobs Plus History.
 
What type of Real Estate Certificate is required?

If operating as a Real Estate Agent, Property Broker, or a Branch Manager, one must possess a real estate certificate with a minimum of 12 ECTS at Level 4, recognised by either the Malta Qualifications Recognition Information Centre (MQRIC) or the Malta Further and Higher Education Authority (MFHEA).

If operating as a Property Consultant, one must possess a real estate certificate with a minimum of 8 ECTS at Level 4, recognised by either the Malta Qualifications Recognition Information Centre (MQRIC) or the Malta Further and Higher Education Authority (MFHEA).

What type of Health and Safety Certificate do I need?

There is no required minimum of ECTSs or a minimum level of Malta Qualification Framework (MQF) for the Health and Safety Certificate. The only requirement is that the educational institution is accredited/recognised by the MFHEA.

If one has additional documents/information to submit after submitting an application, is it necessary to re-apply again using the updated documents/information?

No.  If one has additional documents/information to submit, an e-mail is to be communicated to applicationreab@gov.mt stating one’s full name, ID card number and application reference number (FEA1-<>- 24) together with the said documents/information.

For how long is a licence valid?

A licence shall be valid for a maximum term of five (5) years from the date of issue. It is possible to renew a license following its expiration. Terms and conditions apply.

Are there any additional requirements that need to be fulfilled by Real Estate Agents and Property Brokers?

If one carries out the activity of a Real Estate Agent or a Property Broker under a tradename, one is required to fill in an EA2 form.  You may wish to register for an EA2 form from here.

Additionally, if one operates through a Private (LTD) or Public (PLC) Company holding a company registration number (C-number) or a Legally Recognised Partnership holding either a partnership registration number (P-number) or a Civil Partnership, an EA3 form is also required.  You may wish to register for an EA3 form from here.

 

For any further questions or clarifications, kindly contact us on +356 2248 1500 or enquiriesreab@gov.mt

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