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If you want to broker the conclusion of contracts for land, land rights, commercial premises or residential premises on a commercial basis or prove the opportunity to conclude such contracts (real estate agent), you need a license.
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According to § 34c para. 1 sentence 1 no. 1 of the Trade, Commerce and Industry Regulation Act (GewO), a license is required to broker the conclusion and provide evidence of the opportunity to conclude contracts for land, land rights, commercial premises or residential premises.
In the case of partnerships, every managing partner is a trader; in the case of legal entities, the license is granted to the legal entity (e.g. GmbH or AG).
Traders are subject to special obligations in accordance with the Real Estate Agent and Property Developer Ordinance. The obligations to be observed under the Real Estate Agent and Property Developer Ordinance (MaBV) include in particular
To protect the client, the trader's authority to use the client's assets has also been restricted (Section 4 MaBV). In addition, the trader may be obliged to have compliance with the provisions of the Real Estate Agent and Property Developer Ordinance audited at his own expense on special occasions and to submit the audit report to the competent authority if this is necessary for effective monitoring (Section 16 (2) MaBV).
The authorities have rights of information and inspection vis-à-vis traders pursuant to Section 34c GewO in accordance with Section 29 GewO. At the request of the authorities, the parties concerned must provide the information required to monitor business operations. Furthermore, the authorities are authorized to enter the business premises in order to carry out inspections and visits.
In addition to obtaining a permit in accordance with § 34c GewO, you must notify the responsible municipality of the business in accordance with § 14 GewO when you commence your activities.
The trader's reliability and financial circumstances are generally checked on the basis of documents issued in the country of origin that prove that the requirements for reliability and orderly financial circumstances are met. It may be required that a certified copy of the documents and a certified German translation be submitted. If such documents are not issued in the country of origin, they may be replaced by an affidavit in lieu of an oath by the trader or comparable acts under the law of the country of origin.
Permit: 200 to 5,000 EURO in accordance with the schedule of costs under the Costs Act (Tariff No. 5.III.5/14.1). Further details can be found in the schedule of fees of the locally competent authority.
Processing takes a few weeks once all the documents have been submitted.
If you give up or relocate your business, you must report this.
Some administrative procedures require you to provide an extract from the central trade register. EU foreigners may be required to provide comparable proof from their home country.
If you want to broker real estate or loan agreements commercially, manage residential properties commercially or prepare and carry out construction projects, you need an official permit.
Non-EU citizens who wish to act as real estate agents, loan brokers, property developers, building supervisors and/or residential property managers require a business license(s).