The information comes from the Internet and is for educational purposes only* Chapter 1 General Provisions of the Measures for the Administration of Registered Real Estate Appraisers Article 1 In order to strengthen the management of registered real estate appraisers, improve the real estate price evaluation system and the qualification certification system for real estate price appraisers, regulate the behavior of registered real estate appraisers, and maintain public interests and the order of the real estate appraisal market, these Measures are formulated in accordance with the "Urban Real Estate Management Law of the People's Republic of China", the "Administrative Licensing Law of the People's Republic of China" and other relevant laws and administrative regulations. Article 2 These Measures shall apply to the registration, practice, continuing education and supervision and management of registered real estate appraisers within the territory of the People's Republic of China. Article 3 The term “registered real estate appraiser” as mentioned in these Measures refers to a person who has passed the national real estate appraiser professional qualification examination or qualification accreditation or mutual recognition of qualifications, obtained the professional qualification of a real estate appraiser in the People's Republic of China (hereinafter referred to as the professional qualification), registered in accordance with these measures, obtained the real estate appraiser registration certificate of the People's Republic of China (hereinafter referred to as the registration certificate), and engaged in real estate appraisal activities. Article 4 Registered real estate appraisers shall implement a registered practice management system. Only those who have obtained professional qualifications can practice in the name of registered real estate appraisers after being registered. Article 5 The construction administrative department of the State Council shall implement unified supervision and management of the registration and practice activities of registered real estate appraisers nationwide. People of provinces, autonomous regions and municipalities directly under the Central Government * * The construction (real estate) authorities shall supervise and manage the registration and practice activities of registered real estate appraisers within their respective administrative regions. People of cities, counties and municipal districts * * The construction (real estate) authorities shall supervise and manage the professional activities of registered real estate appraisers within their respective administrative regions. Article 6 Real estate appraisal industry organizations shall strengthen the self-discipline management of registered real estate appraisers. Registered real estate appraisers are encouraged to join real estate appraisal industry organizations. Chapter 2 Registration Article 7 The registration conditions for registered real estate appraisers are:: (1) Obtaining professional qualifications ; (2) Meet the continuing education qualification standards ; (3) Be employed by a qualified real estate appraisal agency ; (4) There are no circumstances that prohibit registration as stipulated in Article 14 of these Measures. Article 8 Those who apply for registration shall apply to the people of the province, autonomous region, or municipality directly under the Central Government where the industrial and commercial registration of the employing unit or its branch is located. * * The construction (real estate) authority submits a registration application. For those who apply for initial registration, the people of provinces, autonomous regions and municipalities directly under the Central Government * * The construction (real estate) administrative department shall complete the review within 20 days from the date of acceptance of the application, and submit the application materials and preliminary review opinions to the construction administrative department of the State Council. The construction administrative department of the State Council shall make a decision within 20 days from the date of acceptance. For those who apply for registration change or registration extension, the people of provinces, autonomous regions and municipalities directly under the Central Government shall * * The construction (real estate) administrative department shall complete the review within 5 days from the date of acceptance of the application, and submit the application materials and preliminary review opinions to the construction administrative department of the State Council. The construction administrative department of the State Council shall make a decision within 10 days from the date of acceptance. The initial, change and renewal registration of registered real estate appraisers will gradually be implemented online for application, acceptance and approval. Article 9 The registration certificate is the practice certificate of a registered real estate appraiser. Registration is valid for 3 years. Article 10 To apply for initial registration, the following materials must be submitted: (1) Initial registration application form ; (2) Copies of professional qualification certificate and identity document ; (3) Copy of the labor contract signed with the employing unit ; (4) If you apply for initial registration after obtaining the professional qualification for more than 3 years, you should provide proof of meeting the continuing education qualification standards. ; (5) Proof that the employing unit entrusts the Talent Service Center to custody personnel files and a copy of the social insurance payment voucher ; Or a copy of the retirement certificate issued by the labor or personnel department ; Or a copy of the employment certificate for foreigners or the employment certificate for Taiwan, Hong Kong and Macao personnel. Article 11 If the registration validity period expires and it is necessary to continue practicing, the applicant shall apply for renewal of registration in accordance with the procedures stipulated in Article 8 of these Measures 30 days before the registration validity period expires. ; If the registration is renewed, the registration is valid for 3 years. To renew your registration, you need to submit the following materials:: (1) Registration extension application form ; (2) Copy of the labor contract signed with the employing unit ; (3) Documents proving that the applicant has met the continuing education qualification standards within the validity period of registration. Article 12 When a registered real estate appraiser changes his practice unit, he shall terminate the labor contract with the original employing unit and go through the registration change procedures in accordance with the procedures stipulated in Article 8 of these Measures. After the registration change, the validity period of the original registration shall be extended. To change registration, you need to submit the following materials: (1) Application form for change of registration ; (2) A copy of the labor contract signed with the new employer ; (3) Documents proving the termination of the labor contract with the original employer ; (4) Proof that the employing unit entrusts the Talent Service Center to custody personnel files and a copy of the social insurance payment voucher ; Or a copy of the retirement certificate issued by the labor or personnel department ; Or a copy of the employment certificate for foreigners or the employment certificate for Taiwan, Hong Kong and Macao personnel. Article 13 Persons who have obtained professional qualifications and apply to practice in a newly established real estate appraisal agency or branch shall go through registration procedures while applying for the qualifications of a real estate appraisal agency or filing for a branch. Article 14 If the applicant has any of the following circumstances, he or she will not be registered: (1) Those who do not have full capacity for civil conduct ; (2) Criminal punishment has not yet been completed ; (3) Those who have been subject to criminal penalties due to real estate valuation and related business activities, and it has been less than 5 years from the date of completion of the criminal penalty to the date of application for registration. ; (4) A person is subject to criminal punishment for reasons other than those specified in the preceding paragraph, and it has been less than 3 years from the date of completion of the criminal punishment to the date of application for registration. ; (5) The registration certificate has been revoked and it has been less than 3 years from the date of punishment to the date of application for registration. ; (6) The registration of a real estate appraiser approved through improper means such as deception or bribery is revoked, and it has been less than 3 years from the date the registration was revoked to the date of application for registration. ; (7) Applying to practice in 2 or more real estate valuation agencies ; (8) Those who are current civil servants ; (9) Those over 65 years old ; (10) Other circumstances in which registration is not allowed according to laws and administrative regulations. Article 15 If a registered real estate appraiser has any of the following circumstances, his or her registration certificate shall be invalid.: (1) The employing unit goes bankrupt ; (2) The employing unit has its business license revoked ; (3) The employing unit has its real estate appraisal agency qualification certificate revoked or withdrawn ; (4) The labor contract has been terminated with the employing unit and has not been hired by other real estate valuation agencies ; (5) The registration validity period has expired and the registration has not been renewed ; (6) Those over 65 years old ; (7) Death or lack of full capacity for civil conduct ; (8) Other circumstances that lead to invalidation of registration. Article 16 Under any of the following circumstances, a registered real estate appraiser shall promptly submit an application for cancellation of registration to the construction department of the State Council and return the registration certificate. The construction department of the State Council shall handle the cancellation procedures and announce that his registration certificate is invalid.: (1) The circumstances listed in Article 15 of these Measures occur ; (2) Registration revoked according to law ; (3) Registration certificate revoked according to law ; (4) Subject to criminal punishment ; (5) Other circumstances under which registration should be canceled as stipulated by laws and regulations. If a registered real estate appraiser has one of the circumstances listed in the preceding paragraph, the relevant units and individuals have the right to report it to the construction administrative department of the State Council ; Local people at or above the county level * * The construction (real estate) administrative department shall promptly report to the construction administrative department of the State Council. Article 17 A person who has been deregistered or refused registration may apply for registration in accordance with the procedures stipulated in paragraphs 1 and 2 of Article 8 of these Measures after meeting the registration conditions. Article 18 If a registered real estate appraiser loses his registration certificate, he shall apply for a replacement in accordance with the procedures stipulated in paragraphs 1 and 3 of Article 8 of these Measures after making a statement in the public media. Chapter 3 Practicing Article 19 Personnel who have obtained professional qualifications shall be employed by a unit with the qualifications of a real estate valuation agency, and may engage in real estate valuation practice activities only after being registered. Article 20 Registered real estate appraisers may carry out real estate appraisal activities nationwide that are consistent with the business scope of their employing units. Article 21 When a registered real estate appraiser engages in professional activities, the employing unit shall accept the entrustment and charge a unified fee. Article 22 If economic losses are caused to the parties during the real estate valuation process, and the employing unit shall bear the liability for compensation according to law, it may recover compensation from the registered real estate appraiser at fault according to law. Article 23 Registered real estate appraisers shall meet the continuing education requirements stipulated by the construction administrative department of the State Council during each period of validity of registration. Continuing education for registered real estate appraisers is divided into compulsory courses and elective courses, and each registration is valid for 60 hours. Those who meet the qualification standards through continuing education will be issued a continuing education certificate. Continuing education for registered real estate appraisers is organized by the China Society of Real Estate Appraisers and Real Estate Brokers. Article 24 Registered real estate appraisers shall enjoy the following rights:: (1) Use the name of registered real estate appraiser ; (2) Execute within the prescribed scope * * Real estate valuation and related services ; (3) Sign the real estate valuation report ; (4) Initiating the establishment of a real estate valuation agency ; (5) Keep and use my registration certificate ; (6) Explain and defend one’s professional activities ; (7) Participate in continuing education ; (8) Obtain corresponding labor remuneration ; (9) Infringement of this * * Complaints against beneficial behavior. Article 25 A registered real estate appraiser shall perform the following obligations:: (1) Comply with laws, regulations, industry management regulations and professional ethics ; (2) Execution * * Real estate valuation technical specifications and standards ; (3) Ensure the objectivity and fairness of the valuation results and assume corresponding responsibilities ; (4) Keep what you know in practice * * Secrets and other people’s business and technical secrets ; (5) Those who have an interest in the parties should actively recuse themselves ; (6) Accept continuing education and strive to improve professional standards ; (7) Assist the registration management agency to complete relevant work. Article 26 A registered real estate appraiser shall not engage in the following acts:: (1) Failure to fulfill the obligations of a registered real estate appraiser ; (2) During the course of practice, soliciting or accepting bribes or seeking other benefits other than the fees stipulated in the contract ; (3) Commercial bribery in the course of practice ; (4) Signing a valuation report with false records, misleading statements or major omissions ; (5) Concealing or distorting facts in the valuation report ; (6) Allow others to engage in real estate valuation business in their own name ; (7) Practicing in 2 or more real estate valuation agencies at the same time ; (8) Undertake real estate valuation business in your own name ; (9) Alter, rent, lend or otherwise illegally transfer the registration certificate ; (10) Engaging in real estate valuation activities beyond the business scope of the employing unit ; (11) Behavior that seriously harms the interests and reputation of others ; (12) Other behaviors prohibited by laws and regulations. Chapter 4 Supervision and Management Article 27 People at or above the county level * * The construction (real estate) competent department shall, in accordance with the provisions of relevant laws, regulations and these Measures, supervise and inspect the registration, practice and continuing education of registered real estate appraisers. Article 28 The construction administrative department of the State Council shall notify the construction (real estate) administrative departments of the provinces, autonomous regions, and municipalities directly under the Central Government with the registration information of registered real estate appraisers. People of provinces and autonomous regions * * The construction (real estate) competent department shall inform the people of the city and county within the administrative region of the registration information of registered real estate appraisers. * * Construction (real estate) authorities. People of municipalities directly under the Central Government * * The construction (real estate) competent department shall inform the people of cities, counties, and municipal districts within their respective administrative regions of the registration information of registered real estate appraisers. * * Construction (real estate) authorities. Article 29 People at or above the county level * * When performing supervision and inspection duties, the construction (real estate) authorities have the right to take the following measures:: (1) Require the person being inspected to produce a registration certificate ; (2) Require the employing unit of the inspected person to provide a valuation report and related business documents signed by relevant personnel ; (3) Ask the person who signed the valuation report about relevant issues ; (4) Correct violations of relevant laws, regulations, these Measures and real estate valuation norms and standards. Article 30 If a registered real estate appraiser illegally engages in real estate appraisal activities, the people of the municipality, city, county or municipal district where the illegal act occurs shall * * The construction (real estate) administrative department shall investigate and deal with the matter in accordance with the law, and inform the construction (real estate) administrative department of the province, autonomous region, or municipality directly under the Central Government where the registered real estate appraiser is registered of the illegal facts and handling results. ; If the registration needs to be revoked according to law, the illegal facts, handling suggestions and relevant materials must be reported to the construction department of the State Council. Article 31 Under any of the following circumstances, the construction administrative department of the State Council may revoke the registration of a real estate appraiser in accordance with its authority or at the request of an interested party:: (1) The staff of the registration authority abused their power and neglected their duties in granting the administrative license for registration of real estate appraisers. ; (2) Exceeding legal authority to grant registration permission for real estate appraisers ; (3) Violating legal procedures in granting registration permission for real estate appraisers ; (4) Approval of registration permission for real estate appraisers to applicants who do not meet statutory conditions ; (5) Other circumstances under which the registration of a real estate appraiser may be revoked in accordance with the law. If an applicant obtains a real estate appraiser registration license through improper means such as deception or bribery, it shall be revoked. Article 32 Registered real estate appraisers and their employing units shall provide true, accurate and complete credit file information of registered real estate appraisers to the registration authority as required. The credit file of a registered real estate appraiser shall include the basic information, performance, good behavior, bad behavior, etc. of the registered real estate appraiser. Violations of laws and regulations, handling of complaints and reports, administrative penalties, etc. shall be recorded in the registered real estate appraiser's credit file as bad behavior. The credit file information of registered real estate appraisers is disclosed to the public in accordance with relevant regulations. Chapter 5 Legal Responsibilities Article 33 Anyone who conceals relevant information or provides false materials to apply for registration as a real estate appraiser will not be accepted or granted administrative permission by the construction (real estate) administrative department, and will be given a warning and shall not apply for registration as a real estate appraiser again within one year. Article 34 If the employing unit provides false registration materials to the applicant, the people of the province, autonomous region, or municipality directly under the Central Government shall * * The construction (real estate) authorities will issue a warning and may impose a fine of not less than 10,000 yuan but not more than 30,000 yuan. Article 35 If a registration certificate is obtained by improper means such as deception or bribery, the registration certificate shall be revoked by the construction department of the State Council, and the registration certificate shall not be applied for again within 3 years. * * The construction (real estate) competent department shall impose a fine. If there is no illegal income, a fine of not more than 10,000 yuan shall be imposed. If there is illegal income, a fine of not more than three times the illegal income and not exceeding 30,000 yuan shall be imposed. ; If a crime is constituted, criminal liability shall be pursued in accordance with the law. Article 36 If anyone violates the provisions of these Measures and engages in real estate valuation activities in the name of a registered real estate appraiser without registration, the signed valuation report will be invalid and shall be determined by the local people at or above the county level. * * The construction (real estate) authority shall issue a warning, order the cessation of illegal activities, and may impose a fine of not less than RMB 10,000 but not more than RMB 30,000. ; If losses are caused, they shall be liable for compensation in accordance with the law. Article 37 Anyone who violates the provisions of these Measures and continues to practice without changing registration shall be prosecuted by the local people at or above the county level. * * Construction (real estate) authorities ordered rectification within a time limit ; Failure to make corrections within the time limit may result in a fine of not more than 5,000 yuan. Article 38 If a registered real estate appraiser commits any of the acts listed in Article 26 of these Measures, the local people’s court at or above the county level shall * * The competent construction (real estate) department will give a warning and order it to make corrections. If there is no illegal income, it will be fined not more than 10,000 yuan. If there is illegal income, it will be fined not more than three times the illegal income and not more than 30,000 yuan. ; If losses are caused, liability for compensation shall be borne in accordance with the law. ; If a crime is constituted, criminal liability shall be pursued in accordance with the law. Article 39 If, in violation of the provisions of these Measures, a registered real estate appraiser or his employing unit fails to provide the real estate appraiser's credit file information as required, the local people's court at or above the county level shall * * Construction (real estate) authorities ordered rectification within a time limit ; If corrections are made within the time limit, a fine of not less than RMB 1,000 but not more than RMB 10,000 may be imposed. Article 40 Local people at or above the county level * * If the construction (real estate) administrative department imposes an administrative penalty on a registered real estate appraiser or its employing unit in accordance with the law, the administrative penalty decision and the facts, reasons and basis for the administrative penalty shall be reported to the construction administrative department of the State Council for record. Article 41 People at or above the county level * * If the construction (real estate) competent department commits any of the following circumstances during the registration and management of real estate appraisers, it shall be ordered to make corrections by its superior administrative agency or supervisory authority, and the directly responsible person in charge and other directly responsible persons shall be punished in accordance with the law. ; If it constitutes a crime, criminal liability shall be investigated in accordance with the law.: (1) Approval of real estate appraiser registration to applicants who do not meet the conditions stipulated in these Measures ; (2) Refusing to register as a real estate appraiser to an applicant who meets the conditions stipulated in these Measures or failing to make a decision to approve registration within the statutory time limit ; (3) Applications that meet statutory conditions are not accepted or the preliminary review is not completed within the statutory time limit. ; (4) Taking advantage of one’s position to accept property or other benefits from others ; (5) Failure to perform supervision and management duties in accordance with the law or ineffective supervision, resulting in serious consequences. Chapter Six Supplementary Provisions Article 42 Personnel engaged in real estate teaching and research in colleges and universities and scientific research institutes who have obtained professional qualifications may register with reference to these Measures with the consent of their unit, but may not serve as the legal representative or executive partner of a real estate valuation agency. Article 43 These Measures shall come into effect on March 1, 2007. The "Registration and Management Measures for Real Estate Appraisers" issued on August 20, 1998 (Ministry of Construction Order No. 64) and the "Decision of the Ministry of Construction on Amending the "Registration and Management Measures for Real Estate Appraisers" (Ministry of Construction Order No. 100) issued on August 15, 2001 are abolished at the same time.
Measures for the Management of Real Estate Appraisal Agencies (Moderator Lai Lai may be a little uncomfortable because there should be appraisers). The "Administrative Measures for Real Estate Appraisal Agencies" issued by the Ministry of Construction of the People's Republic of China No. 142 was discussed and adopted at the 73rd executive meeting of the Ministry on September 27, 2005. It is hereby promulgated and will come into effect on December 1, 2005. Wang Guangtao, Minister of the Ministry of Construction, issued the Measures for the Administration of Real Estate Appraisal Agencies on October 12, 2005. Chapter 1, General Provisions, Article 1. In order to regulate the behavior of real estate appraisal agencies, maintain the order of the real estate appraisal market, and protect the legitimate rights and interests of parties involved in real estate appraisal activities, these Measures are formulated in accordance with the "Urban Real Estate Management Law of the People's Republic of China", the "Administrative Licensing Law of the People's Republic of China" and the "Decision of the State Council on Setting Administrative Licensing for Administrative Approval Items that Really Need to Be Retained" and other laws and administrative regulations. Article 2 These Measures shall apply to those who apply for the qualification of a real estate appraisal agency, engage in real estate appraisal activities, and supervise and manage real estate appraisal agencies within the territory of the People's Republic of China. Article 3 The term “real estate appraisal agency” as mentioned in these Measures refers to an intermediary service agency established in accordance with the law and obtained the qualification of a real estate appraisal agency to engage in real estate appraisal activities. The term “real estate valuation activities” as mentioned in these Measures includes land, buildings, structures, projects under construction, real estate-based corporate overall assets, real estate in corporate overall assets and other types of real estate valuations, as well as real estate valuations required for transfer, mortgage, urban house demolition, judicial appraisal, taxation, company listing, corporate restructuring, corporate liquidation, asset reorganization, asset disposal, etc. Article 4 When engaging in real estate valuation activities, real estate valuation agencies shall adhere to the principles of independence, objectivity, and impartiality, and * * Real Estate Valuation Codes and Standards. Real estate appraisal agencies engage in real estate appraisal activities in accordance with the law and are not subject to administrative region or industry restrictions. No organization or individual may illegally interfere with real estate valuation activities and valuation results. Article 5 The construction administrative department of the State Council is responsible for the supervision and management of real estate valuation agencies nationwide. People of provinces and autonomous regions * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department is responsible for the supervision and management of real estate valuation agencies within its own administrative region. City and county people * * The real estate administrative department is responsible for the supervision and management of real estate valuation agencies within its own administrative region. Article 6 Real estate appraisal industry organizations shall strengthen self-discipline management of the real estate appraisal industry. Encourage real estate appraisal agencies to join real estate appraisal industry organizations. Chapter 2 Appraisal Agency Qualification Approval Article 7 The qualification levels of real estate appraisal agencies are divided into level one, level two and level three. The construction administrative department of the State Council is responsible for the qualification licensing of first-level real estate valuation agencies. People of provinces and autonomous regions * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department is responsible for the qualification licensing of second- and third-level real estate valuation agencies, and accepts the guidance and supervision of the construction administrative department of the State Council. Article 8 A real estate appraisal agency shall be funded by natural persons and established in the form of a limited liability company or partnership. Article 9 The conditions for real estate appraisal agencies of each qualification level are as follows:: (1) First-level qualification 1. The name of the institution contains the words "real estate valuation" or "real estate appraisal" ; 2. Engaged in real estate valuation activities for more than 6 consecutive years, and obtained the qualification of a second-level real estate valuation agency for more than 3 years ; 3. The registered capital of a limited liability company is more than RMB 2 million, and the capital contribution of a partnership is more than RMB 1.2 million. ; 4. Have more than 15 full-time registered real estate appraisers ; 5. In the three years before the date of application for approval of qualification level, the average annual valuation of the target property is more than 500,000 square meters or the land area is more than 250,000 square meters. ; 6. The legal representative or managing partner must be a full-time registered real estate appraiser who has engaged in real estate appraisal work for more than 3 years after registration. ; 7. There are more than 3 shareholders of a limited liability company and more than 2 full-time registered real estate appraisers among the partners of a partnership. More than half of the shareholders or partners are full-time registered real estate appraisers who have been engaged in real estate appraisal for more than 3 years after registration. ; 8. The total of the shares or capital contribution of a full-time registered real estate appraiser in a limited liability company or capital contribution in a partnership shall not be less than 60% ; 9. Have a fixed business service location ; 10. Valuation quality management, valuation file management, financial management and other internal management systems of the enterprise are sound. ; 11. One real estate valuation report randomly inspected complies with the requirements of the "Real Estate Valuation Specifications" ; 12. There is no conduct prohibited by Article 32 of these Measures within 3 years before the date of application for qualification level assessment. (2) Second-level qualification 1. The name of the institution contains the words “real estate valuation” or “real estate appraisal” ; 2. Engage in real estate valuation activities for more than 4 consecutive years after obtaining the qualification of a third-level real estate valuation agency ; 3. The registered capital of a limited liability company is more than RMB 1 million, and the capital contribution of a partnership is more than RMB 600,000. ; 4. Have more than 8 full-time registered real estate appraisers ; 5. In the three years before the date of application for approval of qualification level, the average annual valuation of the target property is more than 300,000 square meters or the land area is more than 150,000 square meters. ; 6. The legal representative or managing partner must be a full-time registered real estate appraiser who has engaged in real estate appraisal work for more than 3 years after registration. ; 7. There are more than 3 shareholders of a limited liability company and more than 2 full-time registered real estate appraisers among the partners of a partnership. More than half of the shareholders or partners are full-time registered real estate appraisers who have been engaged in real estate appraisal for more than 3 years after registration. ; 8. The total of the shares or capital contribution of a full-time registered real estate appraiser in a limited liability company or capital contribution in a partnership shall not be less than 60% ; 9. Have a fixed business service location ; 10. Valuation quality management, valuation file management, financial management and other internal management systems of the enterprise are sound. ; 11. One real estate valuation report randomly inspected complies with the requirements of the "Real Estate Valuation Specifications" ; 12. There is no conduct prohibited by Article 32 of these Measures within 3 years before the date of application for qualification level assessment. (3) Level 3 qualification 1. The name of the institution contains the words “real estate valuation” or “real estate appraisal” ; 2. The registered capital of a limited liability company is more than RMB 500,000, and the capital contribution of a partnership is more than RMB 300,000. ; 3. Have more than 3 full-time registered real estate appraisers ; 4. Complete the evaluation within the tentative period, and the construction area of the subject property is more than 80,000 square meters or the land area is more than 30,000 square meters. ; 5. The legal representative or managing partner must be a full-time registered real estate appraiser who has engaged in real estate appraisal work for more than 3 years after registration. ; 6. There are more than 2 shareholders of a limited liability company and more than 2 full-time registered real estate appraisers among the partners of a partnership, and more than half of the shareholders or partners are full-time registered real estate appraisers who have been engaged in real estate appraisal work for more than 3 years after registration. ; 7. The total of the shares or capital contribution of a full-time registered real estate appraiser in a limited liability company or capital contribution in a partnership shall not be less than 60% ; 8. Have a fixed business service location ; 9. Valuation quality management, valuation file management, financial management and other internal management systems of the enterprise are sound. ; 10. One real estate valuation report randomly inspected complies with the requirements of the "Real Estate Valuation Specifications" ; 11. There is no conduct prohibited by Article 32 of these Measures within 3 years before the date of application for qualification level assessment. Article 10 To apply for the verification of the qualification level of a real estate appraisal agency, the following materials shall be truthfully submitted to the qualification licensing authority.: (1) Application form for qualification level of real estate appraisal agency (in duplicate, stamped with the official seal of the reporting agency) ; (2) A copy of the original qualification certificate of the real estate appraisal agency and an original copy ; (3) Copies of the original and duplicate business license (stamped with the official seal of the reporting institution) ; (4) Copy of investment certificate (stamped with the official seal of the reporting institution) ; (5) Copy of the appointment document of the legal representative or executive partner (stamped with the official seal of the reporting institution) ; (6) Certificate of full-time registered real estate appraiser ; (7) Proof of fixed business service place ; (8) A copy of the company's articles of association or partnership agreement filed with the industrial and commercial administration department (stamped with the official seal of the reporting agency) and documents related to the enterprise's internal management system such as valuation quality management, valuation file management, financial management, etc., and the credit file information of the reporting agency ; (9) A copy of a real estate valuation report (in duplicate, stamped with the official seal of the reporting institution) completed by the reporting institution within 3 years before the date of application for qualification level verification and random inspection. Applicants shall be responsible for the authenticity of the substantive content of the application materials they submit. Article 11 If a newly established intermediary service agency applies for the qualification of a real estate appraisal agency, it shall provide the materials listed in Items (1), (3) to (8) of Article 10. The qualification level of a newly established real estate appraisal agency as an intermediary service agency shall be assessed as Level 3 qualification, with a one-year temporary period. Article 12 Anyone who applies for approval of the qualifications of a first-level real estate appraisal agency shall submit a request to the people of the province or autonomous region. * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department shall submit an application and submit the materials specified in Article 10 of these Measures. People of provinces and autonomous regions * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department shall complete the review within 20 days from the date of acceptance of the application, and submit the preliminary review opinions and all application materials to the construction administrative department of the State Council. The construction administrative department of the State Council shall make a decision within 20 days from the date of accepting the application materials. Article 13 The qualifications of second- and third-level real estate appraisal agencies shall be determined by the people of the city divided into districts. * * The real estate administrative department shall conduct preliminary review. The specific licensing procedures and processing deadlines shall be determined by the people of the provinces and autonomous regions. * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department shall determine it in accordance with the law. People of provinces and autonomous regions * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department shall, within 10 days from the date of making the qualification licensing decision, report the decision on granting the qualification license to the construction administrative department of the State Council for record. Article 14 The qualification certificate of the real estate appraisal agency is divided into an original and a duplicate, which are uniformly printed by the construction administrative department of the State Council. The original and duplicate have the same legal effect. If a real estate appraisal agency loses its qualification certificate, it shall declare it invalid in the public media and then apply for a replacement. Article 15 The qualification of a real estate appraisal agency is valid for 3 years. If the qualification validity period expires and a real estate appraisal agency needs to continue to engage in real estate valuation activities, it shall submit an application for qualification renewal to the qualification licensing authority 30 days before the qualification validity period expires. The qualification licensing authority shall make a decision on whether to grant extension based on the application. If extension is approved, the validity period will be extended for 3 years. Real estate appraisal agencies that comply with laws, regulations, rules, technical standards and professional ethics related to real estate appraisal during the validity period of their qualifications will no longer be subject to review with the consent of the original qualification licensing authority, and their validity period will be extended for three years. Article 16 If the name, legal representative or executive partner, registered capital or capital contribution, organizational form, domicile and other matters of a real estate appraisal agency are changed, it shall go to the qualification licensing authority to go through the qualification certificate change procedures within 30 days after completing the change procedures with the industrial and commercial administrative department. Article 17 If a real estate appraisal agency merges, the real estate appraisal agency that survives or is newly established after the merger may inherit the higher qualification level among the parties before the merger, but it must meet the corresponding qualification level conditions. If a real estate appraisal agency is split, only the split real estate appraisal agency can inherit the qualifications of the original real estate appraisal agency, but it must meet the qualification level conditions of the original real estate appraisal agency. The party that inherits the qualifications of the original real estate appraisal agency shall be determined through negotiation between the parties. ; Other parties shall apply for real estate appraisal agency qualifications according to the newly established intermediary service agency. Article 18 After the industrial and commercial registration of a real estate appraisal agency is cancelled, its qualification certificate shall become invalid. Chapter 3 Establishment of Branches Article 19 A first-level real estate appraisal agency may establish branches in accordance with the provisions of Article 20 of these Measures. Real estate valuation agencies with second- and third-level qualifications are not allowed to establish branches. A branch shall issue a valuation report in the name of the real estate valuation agency that established the branch, and shall affix the official seal of the real estate valuation agency. Article 20 Branch offices shall meet the following conditions: (1) The name shall be in the form of “name of the real estate appraisal agency + name of the administrative division where the branch is located + branch (branch)” ; (2) The person in charge of the branch shall be a full-time registered real estate appraiser who has been engaged in real estate appraisal work for more than 3 years after registration and has no bad practice record. ; (3) There are more than 3 full-time registered real estate appraisers at the location of the branch office ; (4) Having a fixed business service location ; (5) Valuation quality management, valuation file management, financial management and other internal management systems are sound. Full-time registered real estate appraisers registered in a branch shall not be counted in the number of full-time registered real estate appraisers of a real estate appraisal agency that establishes a branch. Article 21 A newly established branch shall, within 30 days from the date of obtaining the branch’s business license, go to the people’s court of the province or autonomous region where the branch’s industrial and commercial registration is located. * * The construction administrative department and the people of the municipality directly under the Central Government * * Filing with the real estate administrative department. People of provinces and autonomous regions * * The construction administrative department and the people of the municipality directly under the Central Government * * The real estate administrative department shall, within 10 days after accepting the filing, notify the people of the city and county where the branch office’s industrial and commercial registration is located. * * Real estate administrative department, and report to the construction administrative department of the State Council for filing. Article 22 To register a branch, the following materials must be submitted:: (1) Copy of the branch’s business license ; (2) Original copy of the qualification certificate of the real estate appraisal agency ; (3) Identity certificate of the branch office and the person in charge of the real estate appraisal agency that established the branch office ; (4) A copy of the registration certificate of the full-time registered real estate appraiser who intends to practice in the branch. Article 23 If a branch changes its name, person in charge, domicile, or other matters, or a real estate valuation agency cancels a branch, it shall report to the original filing authority for filing within 30 days after completing the change or cancellation registration procedures with the industrial and commercial administrative department. Chapter 4 Valuation Management Article 24 Institutions engaged in real estate valuation activities shall obtain real estate valuation agency qualifications in accordance with the law and engage in valuation business within the scope permitted by their qualification levels. First-level qualified real estate appraisal agencies can engage in various types of real estate appraisal business. Second-level qualified real estate appraisal agencies can engage in real estate appraisal business other than company listings and corporate liquidations. The third-level qualified real estate appraisal agency can engage in real estate appraisal business other than company listing, corporate liquidation, and judicial appraisal. During the temporary period, the third-level qualified real estate appraisal agencies can engage in real estate appraisal business other than company listing, corporate liquidation, judicial appraisal, urban house demolition, and mortgage of projects under construction. Article 25 The real estate valuation business shall be entrusted by real estate valuation agencies and fees shall be collected uniformly. A real estate appraiser shall not undertake valuation business in his or her own name, and a branch shall undertake valuation business in the name of the real estate valuation agency that established the branch. Article 26 Real estate valuation agencies and enforcement agencies * * If the appraiser of the real estate appraisal business has an interest in the client or the counterparty of the appraisal business, he shall recuse himself. Article 27 When a real estate appraisal agency undertakes real estate appraisal business, it shall sign a written appraisal entrustment contract with the client. The valuation entrustment contract shall include the following contents:: (1) Name or name and address of the client ; (2) Name and address of the valuation agency ; (3) Valuation object ; (4) Valuation purpose ; (5) Valuation time point ; (6) The client’s obligation to assist ; (7) Valuation service fees and payment methods ; (8) Date and method of delivery of valuation report ; (9) Liability for breach of contract ; (10) Methods of resolving disputes. Article 28 A real estate appraisal agency shall not transfer the entrusted appraisal business without the written consent of the client. With the written consent of the client, a real estate appraisal agency may cooperate with other real estate appraisal agencies to complete the appraisal business and jointly issue appraisal reports in the names of both parties. Article 29 The client and relevant parties shall assist the real estate valuation agency in conducting on-site inspections, truthfully provide the real estate valuation agency with the information necessary for valuation, and be responsible for the authenticity of the information they provide. Article 30 When real estate valuation agencies and registered real estate appraisers inquire about real estate transactions and registration information from the real estate administrative department due to valuation needs, the real estate administrative department shall provide inquiry services, but * * Exceptions include secrets, trade secrets and personal privacy. Article 31 The real estate valuation report shall be issued by the real estate valuation agency, stamped with the official seal of the real estate valuation agency, and signed by at least two full-time registered real estate appraisers. Article 32 Real estate valuation agencies shall not engage in the following acts:: (1) Alteration, reselling, renting, lending or other illegal transfer of qualification certificates ; (2) Undertake real estate valuation business beyond the business scope of qualification level ; (3) Unfair competition by catering to overestimation or underestimation requirements, giving rebates, maliciously lowering fees, etc. ; (4) Violation of real estate valuation norms and standards ; (5) Issue valuation reports with false records, misleading statements or major omissions ; (6) Establishing branches without authorization ; (7) Transferring the entrusted valuation business without the written consent of the client ; (8) Other behaviors prohibited by laws and regulations. Article 33 Real estate appraisal agencies shall properly keep real estate appraisal reports and related materials. The retention period of real estate valuation reports and related materials shall not be less than 10 years from the date of issuance of the valuation report. If the storage period expires but the valuation service has not yet been completed, it shall be kept until the valuation service is completed. Article 34 Unless otherwise provided by laws and regulations, real estate valuation agencies shall not provide to the outside world the commercial secrets and business information of the parties learned during the valuation process without the written consent of the client. Article 35 Real estate appraisal agencies shall strengthen professional ethics education and business training for practitioners, and provide necessary conditions for the agency’s real estate appraisers to participate in continuing education. Article 36 People at or above the county level * * The real estate administrative department shall, in accordance with the provisions of relevant laws, regulations and these Measures, regulate the establishment, valuation business and execution of real estate valuation agencies and branches. * * Supervision and inspection of real estate valuation norms and standards. Article 37 People at or above the county level * * When performing their supervisory and inspection duties, the real estate administrative department has the right to take the following measures:: (1) Require the inspected unit to provide the qualification certificate of the real estate appraisal agency, the registration certificate of the real estate appraiser, documents related to the real estate appraisal business, and documents related to the internal management system of the enterprise such as appraisal quality management, appraisal file management, and financial management. ; (2) Enter the inspected unit for inspection, and review the real estate valuation report, valuation entrustment contract, on-site inspection records and other valuation-related information ; (3) Correct violations of relevant laws, regulations, these Measures and real estate valuation norms and standards. People at or above the county level * * The real estate administrative department shall announce the results of supervision and inspection to the public. Article 38 People at or above the county level * * When the real estate administrative department conducts supervision and inspection, more than two supervisory and inspection personnel shall participate and present their law enforcement certificates. They shall not hinder the normal business activities of the inspected unit, nor may they solicit or accept property or seek other benefits. Relevant units and individuals shall assist and cooperate with supervision and inspections conducted in accordance with the law, and shall not refuse or obstruct them. Article 39 If a real estate appraisal agency illegally engages in real estate appraisal activities, the local people at or above the county level where the illegal acts occurred shall * * The real estate administrative department shall investigate and deal with the matter in accordance with the law, and promptly report the illegal facts, handling results and handling suggestions to the licensing authority for the qualification of the valuation agency. Article 40 Under any of the following circumstances, the qualification licensing authority or its superior authority may revoke the qualifications of a real estate appraisal agency based on the request of an interested party or on the basis of its authority.: (1) The staff of the qualification licensing authority abused their power and neglected their duties in granting the qualification license to the real estate appraisal agency. ; (2) Approving the qualifications of a real estate appraisal agency beyond its legal authority ; (3) Violating legal procedures in granting qualifications for real estate valuation agencies ; (4) Approval of real estate appraisal agency qualifications to applicants who do not meet the licensing conditions ; (5) Other circumstances under which the qualifications of a real estate appraisal agency may be revoked in accordance with the law. If a real estate appraisal agency obtains the qualification of a real estate appraisal agency through improper means such as deception or bribery, it shall be revoked. Article 41 If a real estate appraisal agency no longer meets the corresponding qualification conditions after obtaining the qualification of a real estate appraisal agency, the qualification licensing authority may order it to make corrections within a time limit based on the request of an interested party or based on its authority. ; If you fail to make changes within the time limit, your qualifications may be withdrawn. Article 42 Under any of the following circumstances, the qualification licensing authority shall cancel the qualification of a real estate appraisal agency in accordance with the law: (1) The qualification of a real estate appraisal agency has expired and has not been renewed. ; (2) The real estate valuation agency is terminated in accordance with the law ; (3) The qualification of a real estate appraisal agency is revoked or withdrawn, or the real estate appraisal qualification certificate is revoked in accordance with the law. ; (4) Other circumstances under which the qualifications of a real estate appraisal agency should be cancelled, as stipulated by laws and regulations. Article 43 The qualification licensing authority or the real estate appraisal industry organization shall establish a credit file for the real estate appraisal agency. Real estate appraisal agencies shall provide true, accurate, and complete real estate appraisal credit file information as required. The credit file of a real estate appraisal agency shall include the basic information, performance, good behavior, bad behavior, etc. of the real estate appraisal agency. Illegal acts, handling of complaints and reports, administrative penalties, etc. shall be recorded in the credit files of the real estate appraisal agency as bad records. The bad behavior of a real estate appraisal agency shall be recorded in its credit file as the bad behavior of the legal representative or managing partner of the agency. Any organization or individual has the right to inspect credit files. Chapter 5 Legal Responsibilities Article 44 If an applicant conceals relevant information or provides false materials to apply for real estate appraisal agency qualifications, the qualification licensing authority will not accept the application or grant administrative permission, and will give a warning. The applicant shall not apply for real estate appraisal agency qualifications again within one year. Article 45 Anyone who obtains the qualifications of a real estate appraisal agency through improper means such as deception or bribery shall be given a warning by the qualification licensing authority and a fine of not less than RMB 10,000 but not more than RMB 30,000 shall be imposed. The applicant shall not apply for the qualification of a real estate appraisal agency again within three years. Article 46 If a person engages in real estate valuation activities without obtaining the qualification of a real estate valuation agency or undertakes valuation business beyond the qualification level, the valuation report issued shall be invalid and shall be determined by the people at or above the county level. * * The real estate administrative department shall issue a warning, order corrections within a time limit, and impose a fine of not less than RMB 10,000 but not more than RMB 30,000. ; If any loss is caused to the party concerned, the party shall be liable for compensation in accordance with the law. Article 47 If a real estate valuation agency violates the provisions of Article 16 of these Measures and fails to handle the qualification certificate change procedures in a timely manner, the qualification licensing authority shall order it to be completed within a time limit. ; Failure to do so within the time limit may result in a fine of not more than RMB 10,000. Article 48 Anyone who commits any of the following acts shall be prosecuted by people at or above the county level * * The real estate administrative department shall issue a warning, order correction within a time limit, and may impose a fine of not less than RMB 10,000 but not more than RMB 20,000.: (1) Violating the provisions of Paragraph 1 of Article 19 of these Measures to establish a branch ; (2) Establishing a branch in violation of Article 20 of these Measures ; (3) Violating the provisions of Paragraph 1 of Article 21 of these Measures and failing to register a newly established branch. Article 49 Anyone who commits any of the following acts shall be prosecuted by the people at or above the county level * * The real estate administrative department issued a warning and ordered corrections within a time limit. ; If corrections are made within the time limit, a fine of not less than 5,000 yuan but not more than 20,000 yuan may be imposed. ; Those who cause losses to the parties shall be liable for compensation in accordance with the law.: (1) Contracting business in violation of Article 25 of these Measures ; (2) Violating the provisions of Paragraph 1 of Article 28 of these Measures and transferring the entrusted valuation business without authorization ; (3) Issuing a valuation report in violation of the provisions of Paragraph 2 of Article 19, Paragraph 2 of Article 28 and Article 31 of these Measures. Article 50 If the provisions of Article 26 of these Measures are violated and the real estate appraisal agency and its appraisers should recuse themselves but fail to do so, the people’s court at or above the county level shall * * The real estate administrative department will issue a warning, order corrections within a time limit, and may impose a fine of less than 10,000 yuan. ; Those who cause losses to the parties shall be liable for compensation in accordance with the law. Article 51 If the real estate administrative department violates the provisions of Article 30 of these Measures and refuses to provide real estate transaction or registration information inquiry services, the real estate administrative department at the higher level shall order it to make corrections. Article 52 If a real estate appraisal agency commits any of the acts listed in Article 32 of these Measures, it shall be determined by the people at or above the county level. * * The real estate administrative department shall issue a warning, order corrections within a time limit, and impose a fine of not less than RMB 10,000 but not more than RMB 30,000. ; Those who cause losses to the parties shall be liable for compensation in accordance with the law. ; If a crime is constituted, criminal liability shall be pursued in accordance with the law. Article 53 If, in violation of the provisions of Article 34 of these Measures, a real estate appraisal agency provides commercial secrets and business information of the parties learned during the valuation process without authorization, thereby causing losses to the parties, it shall be liable for compensation in accordance with the law. ; If a crime is constituted, criminal liability shall be pursued in accordance with the law. Article 54 If the qualification licensing authority has any of the following circumstances, its superior administrative department or supervisory authority shall order it to make corrections, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the law ; If it constitutes a crime, criminal liability shall be investigated in accordance with the law.: (1) Approving the qualification license of a real estate appraisal agency to an applicant who does not meet the legal conditions or making a decision to approve the qualification license of a real estate appraisal agency beyond its authority ; (2) Refusing to grant a real estate appraisal agency qualification license to an applicant who meets the statutory conditions or failing to make a decision to grant a real estate appraisal agency qualification license within the statutory time limit ; (3) Taking advantage of one’s position to accept property or other benefits from others ; (4) Failure to perform supervision and management duties, or failure to investigate and deal with illegal activities upon discovery. Chapter 6 Supplementary Provisions Article 55 These Measures shall come into effect on December 1, 2005. The "Several Provisions on the Management of Qualification Levels of Real Estate Price Assessment Agencies" promulgated by the Ministry of Construction on January 9, 1997 (Jianfang No. 12) was abolished at the same time. If the regulations issued by the Ministry of Construction before the implementation of these Measures are inconsistent with the provisions of these Measures, these Measures shall prevail.