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Regulated profession

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Löggiltur fasteignasali (Iceland)

  • Generic name of profession

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

    Name of regulated profession:
    Löggiltur fasteignasali
    Licensed real estate dealer (EN)
    All regions
  • Legal information

    Legal basis for regulation

    EU Law :
    National legislation:
    Act no. 99/2004 on the sale of real estate, companies and ships.
    Useful link:


    Type of regulation :
    Reserves of activities


    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):
  • 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.
    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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