Regulated profession

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)