Real estate brokers without practicing certificates may be fined up to 60 million VND

Như Hạ |

Decree No. 339/2026/ND-CP detailing penalties for violations in real estate brokerage activities.

The Government issued Decree No. 339/2026/ND-CP dated August 26, 2026, stipulating penalties for administrative violations in the fields of construction, management of technical infrastructure works, management and development of houses, and real estate business.

Accordingly, Decree No. 339/2026/ND-CP details the penalty levels for violations of regulations on brokerage activities, consulting service business, real estate management services and violations of money laundering prevention and control in service business activities in this field.

Regarding violations of regulations on real estate brokerage activities, Article 73 of the Decree stipulates the penalty level as follows:

1. A fine of between 40,000,000,000 VND and 60,000,000,000 VND shall be imposed on individuals who commit one of the following acts:

a) Individuals practicing real estate brokerage who do not have a real estate brokerage practice certificate as prescribed;

b) Individuals practicing real estate brokerage but not practicing in a real estate exchange service business or a real estate brokerage service business;

c) Not implementing the operating regulations of real estate exchanges or real estate brokerage service businesses where individuals work.

2. A fine of between 60,000 VND and 80,000 VND shall be imposed on businesses providing real estate brokerage services for one of the following acts:

a) Not implementing the reporting regime as prescribed;

b) No regulations on real estate brokerage service activities;

c) There is no minimum of 1 individual in the enterprise with a certificate of real estate brokerage practice;

d) Not having sufficient conditions on facilities and techniques as prescribed.

3. A fine of between VND 1,200,000 and VND 1,600,000 shall be imposed for one of the following acts:

a) Organizing real estate brokerage service business without establishing a real estate brokerage service business according to regulations;

b) Enterprises providing real estate brokerage services, individuals practicing real estate brokerage who do not provide, provide incompletely according to regulations or provide untruthful dossiers and information about real estate they broker;

c) Not sending information about the enterprise to the state management agency for real estate business at the provincial level where the enterprise is established for posting before doing business according to regulations.

4. Additional penalties:

Suspend the business of real estate brokerage services for 3 months to 6 months for the acts specified in points c, d, clause 2 and point c, clause 3 of this Article.

5. Remedial measures:

a) Forced to implement the reporting regime as prescribed for the acts specified in point a, clause 2 of this Article;

b) Forced to supplement regulations on real estate brokerage service activities according to regulations for acts specified in point b, clause 2 of this Article;

c) Commit to ensuring sufficient conditions on facilities and techniques as prescribed for the acts specified in point d, clause 2 of this Article;

d) Obligation to provide records and information on real estate as prescribed for acts specified in point b, clause 3 of this Article;

e) Forced to send information about the enterprise regarding the acts specified in point c, clause 3 of this Article.

Như Hạ
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