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Licensed Real Estate Dealers In Jamaica

Sat, Sep 26, 2009

General



When engaging in a real estate transaction here in Jamaica, always ensure that you’re dealing with a licensed real estate dealer. At any given time, you can see an updated list of real estate dealers here in Jamaica, who are licensed under the Real Estate (Dealers & Developers) Act, by visiting the website of the Jamaica Real Estate Board – reb.gov.jm

It is a breach of the Real Estate (Dealers & Developers) Act for a person to engage in the practice of real estate business without being the holder of a valid license. If convicted, a person may be charged a fine in the Resident Magistrates’ courts of up to J$50,000 and a continuing fine for each day of illegal practice.

Licensed real estate dealers should ensure that:

  • All advertisements appearing in the press include their current license number. This is to facilitate members of the public in identifying bona fide licensed dealers
  • All their salespersons are licensed

Real estate dealers and salesmen who are currently unlicensed are urged to contact the Real Estate immediately at 876-926-9748.

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