Circular No. 11/2015/TT-BXD stipulates the issuance of real estate brokerage practice certificates; guides the training and enhancement of knowledge for real estate brokerage practices and management of real estate trading floors; establishment and operation of real estate trading floors.

CIRCULAR

Regulations on issuing real estate brokerage practice certificates; guiding training,

enhancing knowledge for real estate brokerage practices, managing real estate trading floors;

establishing and organizing activities of real estate trading floors;For power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.

__________________________

 

Pursuant to Decree No. 106/2012/ND-CP dated December 20, 2012 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Labor - Invalids and Social Affairs;iestate enterprises Decree No. 66/2014/QH13 dated June 25June 2024;Pursuant to Article 5 of Decree No. 123/2015/NĐ-CP dated November 15, 2015 issued by the Government on the implementation of the National Program for Household Registration and Statistics for the period 2017-2024;

Based on Decree No. 76/2015/NĐ-CP dated September 10, 2015 of the Government detailing the implementation of certain provisions of the Law on Real Estate Business;No. Decree No. 62/2013/NĐ-CP dated June 25, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Construction;

Pursuant to the Government Decree number Considering the proposal of the Director of the Department of Housing Management and Real Estate Market;

The Minister of Construction hereby issues this Circular to regulate the issuance of real estate brokerage practice certificates; guide the operation of real estate trading floors.

This Circular regulates the issuance of real estate brokerage practice certificates (abbreviated as certificates); guides training and enhancing knowledge for real estate brokerage practices and managing real estate trading floors; establishment and organization of activities of real estate trading floors.CONSTRUCT1. Organizations and individuals engaged in real estate brokerage practices and management of real estate trading floors.FUNCTIONS, DUTIES, POWERS, ORGANIZATIONAL STRUCTURE, OPERATIONAL REGULATIONS, AND RELATIONSHIPS OF MANAGEMENT BOARDS; DUTIES, POWERS OF THE CHAIRPERSON, VICE CHAIRPERSON (IF ANY), SECRETARY, AND MEMBERS OF MANAGEMENT BOARDSand certain provisions of the Regulation on the Management and Use of Apartment Buildings issued together with Circular No. 02/2016/TT-BXD dated February 15, 2016 by the Minister of ConstructionArticle 1. Amending and supplementing certain Articles of Circular No. 10/2015/TT-BXD dated December 30, 2015 on training and enhancing professional knowledge for the management and operation of apartment buildings (hereinafter referred to as Circular No. 10/2015/TT-BXD) as follows:"Article 7. Recognizing Training Institutions for Professional Knowledge in the Management and Operation of Apartment Buildings, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP 2. Organizations and individuals related to the issuance of certificates; training and enhancing knowledge for real estate brokerage practices and managing real estate trading floors.

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

3. Organizations and individuals operating real estate brokerage services and real estate trading floors.

Article 2. Applicability

REGULATIONS ON THE ISSUANCE OF REAL ESTATE BROKERAGE PRACTICE CERTIFICATES

ORGANIZATION OF REAL ESTATE BROKERAGE KNOWLEDGE EXAMINATION PERIODS

Article 3. Methods of organizing examination periods and issuing real estate brokerage practice certificates

Chapter II

1. Provincial Departments of Construction under the central government are responsible for organizing examination periods (abbreviated as examination periods) and issuing certificates.Ề REAL ESTATE BROKERAGE

Section 1

2. The Department of Construction organizes examination periods through one of the following forms:

a) The Department of Construction directly organizes examination periods: entrusting functional units under the Department of Construction to organize examination periods;

b) The Department of Construction delegates to one of the following agencies or units with the necessary conditions to organize examination periods (abbreviated as examination period organizing units): Vietnam Real Estate Association, Real Estate Associations of provinces (cities), Vietnam Real Estate Brokerage Association, or training institutions recognized by the Ministry of Construction with the function of training and enhancing knowledge for real estate brokerage practices.

3. From January 1st each year, provincial Departments of Construction accept registration forms for examination periods from candidates (according to Form 1 attached to this Circular). The Department of Construction bases the number of registered candidates and local circumstances to organize examination periods.

4. Each year, the Department of Construction is responsible for organizing at least one examination period, depending on the number of registered candidates (a minimum of ten candidates per examination period).

In cases where there are not enough candidates to organize an examination period (less than ten candidates) and candidates who have submitted applications wish to take the examination at another province's examination board, the Department of Construction will send a letter to those candidates to participate in examinations organized by other provincial Departments of Construction.

5. At least thirty days before organizing an examination period, the Department of Construction is responsible for announcing on its electronic information website the plan for organizing the examination period, conditions, application forms, time, location, and other relevant information about the examination period.

6. Examination fees:

a) Candidates must pay examination fees to the examination period organizing unit;

b) The level of examination fees is determined by the Director of the Department of Construction for each examination period based on the number of registered candidates to cover the costs of organizing the examination period, upon the recommendation of the Chairman of the Examination Board;

c) The examination period organizing unit may use examination fees to cover expenses related to organizing the examination period and remuneration for members of the Examination Board. Settlement of examination fees must be approved by the Chairman of the Examination Board.

a) The candidate must submit the examination fee to the unit organizing the examination period;

b) The level of the examination fee shall be determined by the Director of the Construction Department for each examination period based on the number of candidates registered for the examination, in accordance with the proposal of the Chairman of the Examination Board;

c) The unit organizing the examination period may use the examination fee to cover activities related to organizing the examination period and remuneration for members of the Examination Board. The settlement of the examination fee must be approved by the Chairman of the Examination Board.

Article 4. Examination Council for issuing real estate brokerage practice certificates (referred to as the examination council)

1. The examination council shall be established by the Director of the Construction Department for each examination period. The examination council shall have at least five members, including:

a) The Chairman of the examination council is the leader of the Construction Department;

b) Members of the examination council include representatives from departments responsible for managing the real estate market and other departments of the Construction Department, the unit organizing the examination period; representatives from the Real Estate Association (if any), the Real Estate Brokers Association (if any); lecturers from training institutions recognized by the Ministry of Construction with the function of training and enhancing knowledge in real estate brokerage; real estate brokers from real estate brokerage service businesses, real estate trading floors, and other experts (if any).

2. The examination council is responsible for directing, urging, and inspecting the unit organizing the examination period to implement the examination according to the plan and legal regulations.

3. Powers and responsibilities of the Chairman of the examination council:

a) Approving the examination organization plan, examination rules, questions, and answers submitted by the unit organizing the examination period;

b) Checking the budget estimate for organizing the examination period and the fee level for candidates submitted by the unit organizing the examination period, to be reported to the Director of the Construction Department for approval;

c) Approving the examination results, including the list of candidates meeting the requirements and the list of candidates not meeting the requirements;

d) Reporting to the Director of the Construction Department on the process of organizing the examination period;

đ) Directly overseeing the process of organizing the examination period and being responsible before the Director of the Construction Department and the law for the results of organizing the examination period;

e) Approving the final account of the examination period's budget organized by the unit organizing the examination period.

4. Members of the examination council must participate directly in all activities of the examination period, comply with the work assignment of the Chairman of the examination council, receive remuneration, and be responsible to the Chairman of the examination council for the assigned work.

Article 5. Tasks and powers of the unit organizing the examination period

1. Drafting and submitting to the Chairman of the examination council for approval the examination organization plan and examination rules.

2. Preparing the budget estimate for organizing the examination period and proposing the candidate examination fee level according to the principle of ensuring sufficient costs for the examination period and state policies, reporting to the Chairman of the examination council for submission to the Director of the Construction Department for approval.

3. Organizing the compilation of examination questions and answers for the examination period in accordance with the guidelines of this Circular, submitting to the Chairman of the examination council for approval. The budget for compiling examination questions and answers is taken from the examination fee.

4. Organizing the acceptance and verification of candidate files, establishing lists of candidates eligible to take the examination and those not eligible.

5. Organizing the examination, invigilation, and marking under the direct guidance and management of the Chairman and members of the examination council according to the plan approved by the Construction Department.

6. Organizing the re-examination of examination results for candidates requesting a re-examination according to the prescribed regulations.

7. Summarizing and submitting to the Chairman of the examination council for approval the examination results, including: report on the examination period's organization process; list of candidates meeting the requirements and list of candidates not meeting the requirements.

8. Sending one set of files of candidates meeting the requirements as stipulated in Article 10 of this Circular to the Construction Department for issuance of the certificate.

9. Being responsible before the Chairman of the examination council, the Director of the Construction Department, and the law for the entire process of organizing the examination period and its results.

Article 6. Content and Examination Questions

1. Candidates for certification must take compulsory examinations on the following contents, except in cases provided for in Clause 2 of this Article:

a) Basic knowledge section, including:

- Laws related to real estate business;

- Real estate market;

- Real estate investment;

- Anti-money laundering in real estate business.

b) Professional knowledge section, including:

- Overview of real estate brokerage services;

- Brokerage process and skills;

- Practical situation resolution.

2. For candidates holding valid foreign real estate broker certificates or requesting renewal of expired certificates, they only need to take the basic knowledge section examination, not the professional knowledge section examination.

3. The examination organizing unit shall be responsible for compiling the examination questions and answers and submitting them for approval by the Chairman of the examination board.

4. The examination questions shall be compiled in accordance with the guidelines set out in Appendix 2 of this Circular. The examination questions must be consistent with the content of the framework training program for real estate brokerage knowledge.

5. The examination questions must be managed under confidential document regulations.

Article 7. Examination Format, Duration, and Language

1. Examination format and duration:

a) Basic knowledge section: Written examination, multiple-choice test, or a combination of both formats, with a duration of 120 minutes.

b) Professional knowledge section: Written examination, multiple-choice test, or a combination of both formats, with a duration of 120 minutes.

2. Examination language: Vietnamese (candidates from foreign countries may use interpreters).

Article 8. Eligible Candidates

Eligible candidates include: Vietnamese citizens, overseas Vietnamese, and foreigners who meet the eligibility criteria stipulated in Articles 9 and 10 of this Circular.

Article 9. Eligibility Criteria

Candidates must meet the following conditions:

1. Full civil capacity, not currently under criminal investigation or serving a prison sentence;

2. Graduated from high school or higher;

3. Submitted the registration application and examination fees to the examination organizing unit in accordance with the provisions of this Circular.

Article 10. Registration Application Documents

1. One registration application form with a color photograph measuring 4x6 cm taken within six months prior to the date of application (according to the model in Appendix 1 of this Circular);

2. One certified copy of the Identity Card for Vietnamese citizens or passport for foreigners (or original for verification);

3. One certified copy of the certificate confirming completion of the training course on real estate brokerage knowledge (if applicable);

4. A certified copy of the high school diploma or equivalent;

5. Two color photographs measuring 4x6 cm taken within six months prior to the date of application, two envelopes with stamps bearing full name, phone number, and address of the recipient;

6. Certified copies and certified translations of foreign-issued certificates (for foreigners and Vietnamese citizens holding valid foreign real estate broker certificates).

Article 11. Registration for Examination

1. Individuals seeking certification may register for the examination nationwide.

2. Annually, individuals seeking certification submit the registration application according to the provisions of Clause 3 of Article 3 of this Circular.

3. Prior to each examination period, candidates submit two sets of registration application documents in accordance with Article 10 and examination fees directly to the examination organizing unit (one set retained by the examination organizing unit, one set sent to the Construction Department for issuance of the certificate). The submission time and location will be announced by the Construction Department or the examination organizing unit.

Article 12. Passing Examination Requirements

1. An examination passes the requirements if it meets the following results:

a) The basic knowledge examination score is 70 points or higher (out of 100 points);

b) The specialized knowledge examination score is 70 points or higher (out of 100 points).

2. Candidates whose examinations meet the requirements stipulated in Clause 1 of this Article shall be eligible to request the Director of the Construction Department to issue a certificate.

Article 13. Approval and Announcement of Examination Results

1. The Chairman of the Examination Board shall approve the examination results for each examination period based on the marking results of each section.

2. The examination results shall be announced at the examination organizing unit and on the Construction Department's information website.

3. Within ten days from the announcement of the examination results, candidates who request a re-marking may submit a request to the examination organizing unit. The Examination Board will organize the re-marking and report to the Director of the Construction Department to approve the supplementary list of candidates meeting the requirements.

4. Within twenty days from the announcement of the examination results, the examination organizing unit shall organize a retake for candidates whose examinations did not meet the requirements. Candidates who failed in any section must retake that section. Each examination period can only have one retake, and candidates do not need to pay retake fees.

Article 14. Preservation of Files and Documents

1. The examination organizing unit is responsible for preserving files and documents related to each examination period as follows:

a) Preserve for five years

- Examination organization-related files: Decision on selecting the examination organizing unit; decision on establishing the Examination Board; examination regulations; examination questions and answers for each subject; list of invigilators;

- Examination marking-related files: List of candidates, list of examiners;

- Candidates' examination papers;

- Files of candidates eligible to take the examination;

- Summary tables of examination results, summary tables of re-marking results (if any) for each subject of candidates.

b) Preserve for three years the files of candidates who did not meet the requirements and those who registered but did not participate in the examination.

2. The Construction Department shall retain the files of individuals issued certificates for ten years from the date of issuance.

Section 2

ISSUANCE OF REAL ESTATE BROKERAGE PRACTICE CERTIFICATE

Article 15. Issuance of Real Estate Brokerage Practice Certificate

1. Individuals who pass the examination according to Article 12 and have complete documentation as specified in Article 10 of this Circular shall be issued a certificate.

2. Certificate Issuance Procedure:

a) The Chairman of the Examination Board reports to the Director of the Construction Department on the examination organization process and approves the examination results based on the examination organizing unit's proposal;

b) Based on the Chairman's report and the approved examination results, the Director of the Construction Department approves the list of individuals to be issued certificates (according to Model 3a of this Circular);

c) Upon the approval of the list of individuals to be issued certificates, the examination organizing unit is responsible for transferring copies of the examination papers and files of these individuals to the Construction Department for certificate issuance.

Within ten working days from receiving complete and valid documentation, the Construction Department shall organize printing and issuing the certificates.

d) The Construction Department is responsible for retaining the files of individuals issued certificates according to Clause 2 of Article 14 of this Circular.

3. The certificate issuance fee is 200,000 VND (two hundred thousand dong) per certificate, which individuals must pay directly at the Construction Department when receiving the certificate. The Construction Department uses this fee in accordance with laws on fees and charges.

4. The certificate is valid nationwide for five years from the date of issuance.

5. The certificate model is specified in Model 4a of this Circular.

6. Certificates shall be delivered to individuals at the Construction Department or the examination organizing unit. In cases where certificate holders do not collect them personally, they can be sent via postal service.

7. Individuals issued certificates must comply with the following provisions:

a) Not to alter or erase any content of the certificate;

b) Not to lease, lend, or allow other organizations or individuals to use their names and certificates for real estate brokerage activities;

c) Not to use it for purposes not prescribed by law.

8. After each examination period and certificate issuance, the Construction Department is responsible for reporting to the Ministry of Construction on the examination organization situation and the list of individuals issued certificates. At the same time, the list of certificate recipients will be posted on the Construction Department's electronic information website (according to Model 3b of this Circular).

9. Annually before December 15, the Construction Department shall report to the Ministry of Construction on the certificate issuance situation in the locality.

Article 16. Reissuing the Real Estate Broker Practice Certificate

1. A person who has been issued a certificate but lost it, torn it, burned it, or destroyed it due to natural disasters or other force majeure reasons shall be eligible for reissuance of the certificate.

2. The application for reissuance of the certificate shall be submitted to the Construction Department that originally issued the certificate, including:

a) An application form for reissuance of the certificate with a photograph attached (according to the model at Appendix 5 of this Circular);

b) Two photographs measuring 4x6 cm taken within six months from the date of submission of the application;

c) The old certificate (if available).

3. Within ten working days from the date of receiving all required documents as stipulated in Clause 2 of this Article, the Construction Department that issued the original certificate shall be responsible for reviewing the application and reissuing the certificate (clearly indicating "reissued" on the certificate).

4. The applicant for reissuance of the certificate shall pay a fee of 200,000 VND (two hundred thousand dong) to the Construction Department for the preparation of the reissued certificate.

5. The certificate can only be reissued once, with the new certificate bearing the same number as the old one. The reissued certificate will have a validity period of five years from the date of issuance of the old certificate (according to the model at Appendix 4b of this Circular).

Article 17. Provisions for Expired Certificates

1. A person holding an expired certificate shall not be permitted to continue practicing as a real estate broker.

2. A person holding an expired certificate, or one nearing expiration, wishing to reissue the certificate must take an examination according to the following regulations:

a) In the case of registering to retake the exam in the locality where the certificate was originally issued, they only need to take the basic knowledge portion of the exam as stipulated in this Circular to obtain the certificate, retaining the same number as before, with the certificate clearly stating on page one that it is the second or third issuance (according to the model at Appendix 4c of this Circular);

b) In the case of registering to take the exam in another locality, they must follow the procedures for taking the examination for a new certificate but only need to take the basic knowledge portion.

3. The registration for the examination includes:

a) Documents specified in Article 10 of this Circular;

b) The original expired certificate for those whose certificates have already expired, or a certified copy for those whose certificates have not yet expired.

4. Registration for the examination shall be conducted according to Article 11 of this Circular.

5. Based on actual circumstances, the Construction Department may organize separate examinations for those with expired certificates or conduct them together with those applying for new certificates.

Article 18. Revocation of Real Estate Broker Certificates

1. A person holding a certificate will have their certificate revoked in the following cases:

a) The holder of the certificate loses civil capacity;

b) The holder of the certificate makes false declarations in the application for issuance of the certificate;

TRAINING PROGRAMS ABROAD FUNDED BY THE STATE BUDGET

d) The holder of the certificate lends or rents the certificate to others for practice;

đ) The holder of the certificate violates the principles of practice prescribed in the Law on Real Estate Business and the contents recorded in the certificate;

e) The holder of the certificate violates regulations to the extent that the certificate must be revoked according to the provisions of the law.

2. The Construction Department that issued the certificate shall be responsible for revoking it; if another competent authority revokes it according to the law, that authority must notify the Construction Department that issued the certificate in writing so that it can proceed according to the provisions of Clause 4 of this Article.

3. A person whose certificate is revoked shall not be eligible for reissuance of the certificate for a period of five years from the date of the decision to revoke the certificate.

4. After the decision to revoke the certificate is made, the Construction Department that issued the certificate shall notify the person whose certificate is revoked to return the certificate. At the same time, the Construction Department shall announce on mass media and on its electronic information website the name of the person whose certificate is revoked and remove the name of the certificate holder from its electronic information website.

Chapter III

GUIDELINES FOR TRAINING AND ENHANCEMENT PROFESSIONAL KNOWLEDGE PRACTICE

REAL ESTATE BROKERAGE AND MANAGEMENT OF REAL ESTATE TRADING FLOORS

Section 1

RECOGNITION OF TRAINING AND ENHANCEMENT INSTITUTIONS

FOR REAL ESTATE BROKERAGE AND MANAGEMENT OF REAL ESTATE TRADING FLOORS

Article 19. Conditions for training institutions providing real estate brokerage knowledge training and management of real estate trading floors (hereinafter referred to as training institutions)

Training institutions must meet the following conditions:

1. Legal entity status

a) Training institutions must be licensed by competent authorities for training;

b) Businesses and economic organizations must register their business activities related to training and professional knowledge enhancement;

c) Other organizations must be established and assigned functions and tasks for training and professional knowledge enhancement by competent authorities.

2. Physical facilities for training

Classrooms must have appropriate area for the number of students, equipment must meet teaching and learning needs. In cases where classrooms are rented, there must be a lease contract in accordance with the provisions of the law (residential houses cannot be used as teaching venues).

3. Lecturer

a) Training institutions must have at least 30% of instructors on permanent staff or on indefinite-term contracts (with insurance contributions) out of the total number of instructors involved in teaching;

b) Instructor standards: professional teachers, experts, managers with a minimum bachelor's degree in relevant fields corresponding to the teaching content; instructors must have at least five years of practical experience.

4. Teaching materials

a) Training institutions must have teaching textbooks and examination questions that align with the framework program as stipulated in Appendix 6 of this Circular. The head of the training institution must approve and be responsible for the content of the teaching textbooks.

b) The framework program is divided into two parts including:

- Framework program for training and enhancing real estate brokerage knowledge;

- Framework program for training and enhancing knowledge on managing real estate trading floors.

5. Practical training sites

Training institutions must organize practical training for students at real estate businesses; at real estate brokerage offices or real estate trading floors for a minimum of two days.

6. Training management

Training institutions must have a management system to organize training courses, store student records, and related training documents; establish a training management regulation; the course supervisor must have at least three years of experience organizing training courses and vocational enhancement programs.

Article 20. Registration for training and recognition of training institutions meeting the conditions for providing real estate brokerage knowledge training and management of real estate trading floors (hereinafter referred to as qualified training institutions)

1. Training registration: training institutions that have the need and meet the conditions stipulated in Article 19 of this Circular shall prepare one set of documents to be submitted to the Ministry of Construction for consideration and recognition as qualified training institutions.

2. Contents of the registration documents

a) A letter sent to the Ministry of Construction requesting permission to organize training;

b) Decision on establishment for training organizations established by authorized bodies; business registration or establishment registration for enterprises (certified copies);

c) Declaration on physical facilities and equipment for training, proof of location for training organization (according to the model in Appendix 7 of this Circular);

d) Teaching materials, examination questions and the decision approving them by the head of the training institution;

đ) List of instructors (according to the model in Appendix 8 of this Circular);

e) Declaration by instructors on their professional qualifications and practical experience in their profession (according to the model in Appendix 9 of this Circular), accompanied by certified copies of teaching contracts or labor contracts;

g) Training cooperation agreements or consent letters from units hosting practical training locations for students;

h) Training regulations including the following main contents:

- Admission requirements;

- Student record requirements;

- Study period requirements;

- Number of topics and class hours for each topic;

- Practical training requirements;

- Final examination requirements, grading scale, and marking criteria;

- Criteria for evaluating and classifying learning outcomes;

- Requirements for obtaining a certificate of completion of the course.

3. Recognition of qualified training institutions:

The Ministry of Construction will review the documents (may conduct on-site inspections at the training institutions) and compare them with the regulations; if they meet the conditions, it will issue a document recognizing the training institution as a qualified training institution. This document will be sent to the training institution and the provincial Construction Department where the main office of the training institution is located, and simultaneously posted on the Ministry of Construction’s electronic information website.

4. For training institutions recognized by the Ministry of Construction as qualified training institutions before the effective date of this Circular, they may continue to provide training. By no later than July 1, 2016, these training institutions must supplement the required conditions according to Article 19 of this Circular and submit the documents specified in Clause 2 of this Article to the Ministry of Construction for verification. If they meet the conditions, the Ministry of Construction will issue a document allowing them to continue training. After July 1, 2016, if a training institution does not submit the documents, it will be considered as having no training needs and its name will be removed from the Ministry of Construction’s electronic information website.

Section 2

TRAINING ORGANIZATION AND ISSUANCE OF COMPLETION CERTIFICATES

Article 21. Training Organization

1. When organizing training, the training institution must implement the following regulations:

a) Announce the admission notice, specifying the field of training, requirements for students, course program and content, duration, location, budget, and other necessary information;

b) Publicize the training regulations and provide all course materials to students on the first day of class;

c) Organize teaching and learning according to the program, ensuring content and duration. Ensure that lecturers attend classes as listed in the registered schedule. Control student attendance daily with confirmation from lecturers; if a student misses more than 20% of the class hours for each topic, they must retake that topic before being eligible for the final examination;

d) Organize examinations, evaluate, and classify learning outcomes to issue certificates to students:

- The training institution is responsible for organizing practical sessions at real estate brokerage offices, real estate trading floors, or real estate business enterprises for students at the end of the course, ensuring sufficient time and writing reports;

- Only students who complete the required number of class hours and sufficient practical time may take the final examination;

- Organize the final examination; exam graders must be lecturers listed in the approved teaching schedule;

- Examination content is compiled by the training institution but must align with the framework program as stipulated in Appendix 6 of this Circular;

e) Solicit feedback from students regarding the course;

2. Training courses must be organized centrally, ensuring sufficient time and content as prescribed by the framework program issued in this Circular. Encourage training institutions to expand the content of each topic and add advanced topics to the course;

3. The number of students per class shall not exceed 100 to ensure the quality of teaching and learning;

4. Tuition fee levels and management, usage of tuition fees are decided by the training institution based on covering reasonable costs of the course and complying with legal regulations.

Article 22. Evaluation of Learning Outcomes and Issuance of Certificates Completion of Course 1. The head of the training institution decides to establish an evaluation council for learning outcomes, issues the operational regulations of the council to manage the organization, evaluation of examination results, classification of final outcomes, and issuance of certificates to students;Briefing signed on February 18, 2025specialized agency under the People's Committee of the province/city.

2. Students who achieve an average score of 70 points or higher across all exams and reports (on a scale of 100) will be considered to have met the requirements;

3. The certificate of completion of the course includes:

a) Certificate of completion of the real estate brokerage profession training and knowledge enhancement course (according to the model in Appendix 10a of this Circular);

b) Certificate of completion of the real estate trading floor management training and knowledge enhancement course (according to the model in Appendix 10b of this Circular);

Students who study and pass the examination for a particular part will receive a certificate of completion of the training and knowledge enhancement for that part.

Article 23. Record Keeping and Reporting

1. Record Keeping

The training institution is responsible for establishing records for storage after each course for at least five years to serve inspection by competent state agencies and reissuance of certificates to students, including:

- Student enrollment lists and files;

- Decisions and lists of students awarded certificates of course completion;

- Student examination papers and reports;

- Records of training institution's assessment of learning outcomes;

- Lists of lecturers participating in the course.

2. Reporting System

The training institution is responsible for submitting reports on the results of each course to the Construction Department of the locality where its headquarters is located and where the training takes place for monitoring and management (according to the model in Appendix 11 of this Circular);

Every six months and annually, the Construction Department is responsible for reporting to the Ministry of Construction on the situation of training and knowledge enhancement about real estate brokerage and management and operation of real estate trading floors;

The Department of Housing Management and Real Estate Market (Ministry of Construction) collaborates with local Construction Departments to inspect training and enhancement institutions, promptly identify and address violations in organizing training and knowledge enhancement about real estate brokerage and management and operation of real estate trading floors.

REGULATIONS ON THE ESTABLISHMENT AND ORGANIZATION OF ACTIVITIES

Chapter IV

OF REAL ESTATE TRADING FLOORS OF THE REAL ESTATE MARKETPLACE

Article 24. Guidelines for Establishing Real Estate Trading Floors

1. Organizations and individuals establishing real estate trading floors (hereinafter referred to as trading floors) must meet the conditions stipulated in Article 69 of the Law on Real Estate Business. Specifically, as follows:

a) Organizations and individuals establishing real estate trading floors must establish a business entity;

b) The real estate trading floor must have at least two persons holding real estate brokerage certificates;

c) The person managing and operating the real estate trading floor must hold a real estate brokerage certificate;

d) The real estate trading floor must have operational regulations, a stable name and transaction address for at least twelve months. Any changes must be reported to the Construction Department and customers;

đ) The real estate trading floor must have a minimum area of 50 square meters and technical equipment meeting the requirements for operation.

2. The real estate trading floor is an independent enterprise or a unit under an enterprise.

3. Before the real estate trading floor commences operations, the enterprise must submit documents to the local Construction Department for management, including:

a) Business registration or enterprise establishment registration certificate (certified copy);

b) Operational regulations of the real estate trading floor;

c) List and certified copies of real estate brokerage certificates of all real estate brokers;

d) Certified copy of the real estate brokerage certificate of the person managing and operating the real estate trading floor;

đ) Certified copy of the certificate of completion of a course on managing and operating real estate trading floors of the person managing and operating the real estate trading floor (if applicable);

e) Certified copy (or certified copy accompanied by the original for verification) of documents proving the location and area of the real estate trading floor;

g) Certified copies of documents regarding the establishment of the real estate trading floor (including: Decision on establishing the real estate trading floor; Decision appointing the person managing and operating the real estate trading floor).

The Construction Department is responsible for reviewing the documents and posting information about the real estate trading floor on its electronic information website. At the same time, it reports to the Department of Housing Management and Real Estate Market - Ministry of Construction for unified management and posting information about the trading floor on the Department of Housing Management and Real Estate Market's electronic information website. Information about the real estate trading floor includes: Name of the real estate trading floor; name of the enterprise establishing the trading floor; full name of the person managing and operating the trading floor; contact address and phone number of the real estate trading floor (as per Appendix 12 of this Circular). When there are changes in information, the real estate trading floor must report to the Construction Department for adjustment.

Article 25. Organizational Model

1. The real estate trading floor is an independent enterprise or a unit under an enterprise, all activities of the trading floor must be subject to the direction of the enterprise. The legal representative of the enterprise and the person managing and operating the real estate trading floor are responsible for the activities of the trading floor.

2. The person managing and operating the trading floor is appointed by the legal representative of the enterprise, authorized to manage and operate the real estate trading floor, and is responsible to the legal representative of the enterprise and to the law regarding the activities of the real estate trading floor.

3. The organizational structure of the real estate trading floor includes the person managing and operating the trading floor (Trading Floor Director) and specialized departments appropriate to the scale of the trading floor's operations.

Article 26. Activities of real estate trading floors

1. The contents of activities of real estate trading floors as prescribed in Article 70 of the Law on Real Estate Business 2014.

2. Real estate trading floors must publicly disclose information about real estate for business as prescribed in Clause 2, Article 6 of the Law on Real Estate Business 2014.

3. Real estate trading floors have the responsibility to check the legal documents of real estate before introducing them into business at the floor, only if they meet the conditions for transaction can they be introduced to customers. Real estate trading floors bear responsibility towards customers and under the law for the information provided to customers.

4. Service activities of real estate trading floors must be carried out through contracts.

5. Rights and obligations of businesses operating real estate trading floor services shall be implemented according to the provisions of Articles 71 and 72 of the Law on Real Estate Business 2014. Rights and obligations of organizations and individuals participating in real estate trading floors shall be implemented according to the provisions of Article 73 of the Law on Real Estate Business 2014.

6. Real estate trading floors have the responsibility to prepare monthly reports on transaction situations through the floor (according to Form 13 attached hereto). Reports must be submitted before the fifth day of the following month to the local Construction Department and the Ministry of Construction.

7. Real estate trading floors have the responsibility to implement measures to prevent money laundering and report on anti-money laundering as prescribed by laws on Anti-Money Laundering.

Chapter V

IMPLEMENTING PROVISIONS

Article 27. Provisions on transitional handling

1. Real estate brokerage certificates issued before July 1, 2015 (the date the Law on Real Estate Business took effect) shall remain valid for five years from July 1, 2015. Real estate brokerage certificates issued after July 1, 2015 shall remain valid for five years from the date of issuance.

2. Training institutions recognized by the Ministry of Construction as meeting training conditions before this Circular takes effect may continue their training. By no later than July 1, 2016, training institutions must supplement all required conditions as stipulated in Article 19 of this Circular and report to the Ministry of Construction as prescribed in Clause 4, Article 20 of this Circular.

3. Real estate trading floors established before this Circular takes effect may continue their operations. By no later than July 1, 2016, real estate trading floors must supplement all required conditions as stipulated in Clause 1, Article 24 of this Circular.

Article 28. Effective Date

This Circular takes effect from February 16, 2016.

The following documents cease to be effective from the date this Circular takes effect:

- Circular No. 13/2008/TT-BXD dated May 21, 2008 of the Ministry of Construction guiding certain contents of Decree No. 153/2007/NĐ-CP dated October 15, 2007 of the Government guiding the implementation of the Law on Real Estate Business;

- Decision No. 29/2007/QĐ-BXD dated December 31, 2007 of the Minister of Construction promulgating the framework program for training and enhancing knowledge on real estate brokerage, real estate valuation, and management of real estate trading floors.

Article 29. Implementation Organization

1. The Department of Housing Management and Real Estate Market guides and supervises the organization of examinations and issuance of real estate brokerage practice certificates according to this Circular; examines and recognizes training institutions that meet the conditions for real estate brokerage and real estate trading floor management training; cooperates with local Construction Departments to organize inspections of real estate brokerage and real estate trading floor management training; inspects the activities of real estate trading floors according to this Circular.

2. Local Construction Departments organize examinations, issue real estate brokerage practice certificates, and guide and supervise the implementation of this Circular in their respective areas.

3. In case of difficulties during implementation, organizations and individuals should submit their opinions to the Ministry of Construction for resolution./.