Individuals brokering real estate without certificates are fined up to 60 million VND

This content is stipulated by the Government in Decree No. 339/2026/ND-CP on sanctioning administrative violations in the fields of construction, management of technical infrastructure works, management and development of houses, and real estate business.

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 VND 40,000,000 and VND 60,000,000 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 VND 60,000,000 and VND 80,000,000 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 120,000,000 and VND 160,000,000 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.

These regulations take effect from August 26, 2026.

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