Renewal of Estate Agent Licence

ESTATE AGENT LICENCE RENEWAL/AUTO-RENEWAL EXERCISE

The Council for Estate Agencies (CEA) will be conducting the 2019 Renewal Exercise from 1 to 31 October 2019.

Key Change

 

Starting with this year’s renewal exercise, estate agents do not need to submit their Professional Indemnity Insurance (PII) documents, unless specifically requested by CEA to do so.

 

Timeline and Key Steps

renewal1.PNG

Login to E-Service for Renewal Registration

Things to Note

A) Estate agents listed in Table 1 (below) are in the licence auto-renewal group this year.

Table 1: Licence Auto-Renewal Exercise

Estate agents that are due for auto-renewal:

1. EDMUND TIE & COMPANY (SEA) PTE LTD (L3006301G)

2. ERA INTERNATIONAL (L3010729B)

3. ERA REALTY NETWORK PTE LTD (L3002382K)

4. HUTTONS ASIA PTE LTD (L3008899K)

5. HUTTONS INTERNATIONAL PTE LTD (L3008937I)

6. ORANGETEE & TIE PTE LTD (L3009250K)

7. ORANGETEE ADVISORY PTE LTD (L3010781J)

8. ORANGETEE OVERSEAS PROPERTIES PTE LTD (L3010742Z)

9. OTTPN PTE LTD (L3007960A)

10. PROPNEX INTERNATIONAL PTE LTD (L3010584B)

11. PROPNEX REALTY PTE LTD (L3008022J)

Steps to submit a licence auto-renewal application:

Step 1

Before the licence auto-renewal application can be submitted to CEA:

a. KEO, practising directors and practising partners must submit their salesperson registration auto-renewal applications.

Step 2

Log in to E-Service from 1 to 31 October 2019 using CorpPass.

Step 3

Complete the information required and indicate if estate agent is auto-renewing its licence for year 2020.

Step 4

Submit the licence auto-renewal application to CEA by 31 October 2019.

Step 5

Log in to E-Service using CorpPass to check on the licence auto-renewal application status.

 

Note: For approved licence auto-renewal applications, the licence period of the estate agent will be extended to 31 December 2020 in the Public Register on 1 January 2020.

 

B) Estate agents in Table 2 (below) are in the licence renewal group this year.

Table 2: Licence Renewal Exercise

Estate agents that are due for licence renewal:

All remaining estate agents that are not listed in Table 1 (above).

Steps to submit a licence renewal application:

Step 1

Before the licence renewal application can be submitted to CEA:

a. KEO, practising directors and practicing partners must submit their salesperson registration renewal applications; and

b. Non-practising directors and non-practising partners must submit their fit and proper declaration via E-Service.

Step 2

Log in to E-Service from 1 to 31 October 2019 using CorpPass.

Step 3

Complete the information required and submit declarations:

 

a. To declare all convictions in 2018 and 2019, involving the estate agent; and provide the following supporting documents:

i. Letter of explanation of conviction;

ii. Court judgement;

iii. Charge Sheet;

iv. Statement of Facts;

v. Prisons letter (stating admission and discharge dates from Prisons); and

vi. Any other related documents related to the court proceedings.

 

b. To declare if the estate agent is in liquidation or is the subject of a winding-up order, or there is a receiver appointed in relation to it, or if the estate agent has entered into a composition or scheme of arrangement with its creditors; and provide the following supporting documents:

i. Bankruptcy Order;

ii. Debt Management Programme (DMP) proposal;

iii. Latest Credit Bureau Report; and

iv. Case information downloaded from Insolvency and Public Trustee’s Office (IPTO)’s website.

 

c. To declare if the estate agent has any judgment that involved a finding of fraud, dishonesty or breach of fiduciary duties entered against the estate agent in civil proceedings, and provide the following supporting documents:

i. Court judgement; and

ii. Any other related documents related to the civil proceedings.

Step 4

Indicate if the estate agent is renewing its licence for year 2020.

Step 5

Submit the licence renewal application to CEA by 31 October 2019.

Step 6

Log in to E-Service using CorpPass to check on the licence auto-renewal application status.

 

Note: For approved licence auto-renewal application, the licence period for the estate agent will be extended to 31 December 2020 in the Public Register on 1 January 2020.

 

C) Fee deduction

Estate agents shall ensure their GIRO account is active and has sufficient funds. Invoices will be generated 2 days prior to the GIRO deduction date.

Find out more about the application fee and annual licence fee.

 renewal2

 Login to E-Service for Renewal Registration