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March 11, 2010, 10:23 CET

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New regulations to send property agents back to school

back-to-school.jpgFollowing the introduction of new regulations for professional property agents, real estate agents and appraisal agents late last year, individuals with one of these job descriptions will be required to possess a state approved National Training Notary (OKJ) license by May 10th or by May 25th at the latest, vg.hu reports. If a company offers any of these services, then at least one owner or employee must be fully licensed, with the regional notary carrying out annual checks. János Kiss, director of Perfekt Zrt. stated his belief that the new regulations will lead to many agents signing up for training courses to acquire these qualifications, meaning a sudden flood in applications for those offering the courses, just like how interest in graduate school spikes whenever the economy nosedives.

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