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Iceland

Löggiltur fasteignasali (Iceland)

  • Generic name of profession

    Title:
    Real Estate agent /Real estate agency manager/administrator/director
  • Identification

    Name of regulated profession:
    Löggiltur fasteignasali
    Translation(s):
    Licensed real estate dealer (EN)
    Country:
    Iceland
    Region:
    All regions
  • Legal information

    Legal basis for regulation

     
    EU Law :
    None
    National legislation:
    Act no. 99/2004 on the sale of real estate, companies and ships.
    Useful link:
    http://www.althingi.is/lagas/nuna/2004099.html

    Regulation

     
    Type of regulation :
    Reserves of activities

    Recognition

     
    Recognition under:
    DIRECTIVE 2005/36/EC
    Additional information :
    Recognition under Directive 2005/36/EC:
    General system of recognition - primary application
    Qualification level:
    ATT - Attestation of competence , Art. 11 a
    Prior check of qualifications under article 7(4):
    No
  • Activities

    Description of activities:
    Löggiltur fasteignasali hefur milligöngu um kaup og sölu fasteigna, skipa og fyrirtækja, annast ráðgjöf, leitar eftir tilboðum, semur kaupsamninga, gengur frá skuldabréfum og afsali og öðrum gögnum fyrir viðskiptavini.
    Translation(s):
    The holder of the qualifcation (licence) acts as an intermediary in the buying and selling of real estate, ships and companies. He/she provides advice to buyers/sellers, seeks bids on properties, negotiates contracts, concludes deals and prepares bonds or other forms of payment, finalises deeds and other documentation for customers. (EN)
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