Renewal of Estate Agent Licence

2020 RENEWAL EXERCISE – ESTATE AGENT LICENCE RENEWAL & AUTO-RENEWAL EXERCISE

The Council for Estate Agencies (CEA) will be conducting the 2020 Renewal Exercise from 1 to 31 October 2020.‚Äč

Key Reminder

 
Estate agents are advised to purchase your Professional Indemnity Insurance (PII) early before the 2020 Renewal Exercise starts in October 2020 and ensure that your PII coverage is for the entire licence period for Year 2021 (i.e. from 1 January 2021 to 31 December 2021).

 Timeline and Key Steps

Timeline and Key Steps

Renewal Process

A) Estate agents in Table 1 are in the licence renewal group this year. 

Table 1: Licence Renewal Exercise

Estate agents that are due for 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. PROPNEX INTERNATIONAL PTE LTD (L3010584B)
10. PROPNEX REALTY PTE LTD (L3008022J)
Steps to submit 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 using SingPass.

b. Non-practising directors and non-practising partners must submit their fit and proper declaration via e-services using SingPass*.

*Note: Foreign non-practising directors and non-practising partners who do not have a SingPass account should authorise their KEOs to submit their fit and proper declaration on their behalf, to be done during the KEOs’ salesperson registration renewal application.
 
Step 2   Log in to e-services from 1 to 31 October 2020 using CorpPass.  
Step 3 

Complete the information required and submit the following declarations:

a. To declare all convictions involving the estate agent in 2019 and 2020, and provide the following supporting documents if applicable:

i. Letter of explanation of conviction;

ii. Court judgment;

iii. Charge Sheet;

iv. Statement of Facts;

v. Singapore Prison Service’s letter (stating admission and discharge dates from prison); 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 if applicable:

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 if applicable:

i. Court judgment.

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

Step 4  Indicate if the estate agent is renewing* its licence for year 2021.

*Note: The KEO’s renewal status will be based on the estate agent’s renewal indication as the KEO is responsible for the proper administration and overall management of the business of the estate agent. If the KEO does not wish to renew, both the KEO and estate agent will not be renewed
Step 5 Submit the licence renewal application to CEA by 31 October 2020.
Step 6 Log in to e-services using CorpPass to check on the licence auto-renewal application status.
Note:

For approved licence renewal application, the licence for the estate agent will be renewed from 1 January 2021 to 31 December 2021 and will be reflected in the CEA Public Register by 1 January 2021.

Please read the Estate Agent Renewal User Guide (PDF,3.7MB) before you begin your renewal process.

Login to E-Services for Licence Renewal

B) Estate agents listed in Table 2 are in the licence auto-renewal group this year.

Table 2: Licence Auto-Renewal Exercise

Estate agents that are due for auto-renewal: 
All remaining estate agents that are not listed in Table 1.
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 using SingPass.
Step 2 Log in to e-services from 1 to 31 October 2020 using CorpPass.
Step 3 Complete the information required and indicate if the estate agent is auto-renewing* its licence for year 2021.

* Note: The KEO’s renewal status will be based on the estate agent’s renewal indication as the KEO is responsible for the proper administration and overall management of the business of the estate agent. If the KEO does not wish to renew, both the KEO and estate agent will not be renewed.
Step 4 Submit the licence auto-renewal application to CEA by 31 October 2020.
Step 5 Log in to e-services using CorpPass to check on the licence auto-renewal application status.
Note:

For approved licence auto-renewal applications, the licence of the estate agent will be renewed from 1 January 2021 to 31 December 2021 and will be reflected in the CEA Public Register by 1 January 2021.

Please read the Estate Agent Auto-Renewal User Guide (PDF,3.7MB) carefully before you begin your auto-renewal process.

Login to E-Services for Licence Auto-Renewal  


Renewal Fee deduction

Estate agents shall ensure their GIRO accounts are active and have sufficient funds. Invoices will be generated 2 days prior to the GIRO deduction date. Find out more about the renewal fee comprising the application fee and the annual licence fee.

 Renewal Fee Deduction