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How To Register  Real Estate Association In 4 Simple Step

How To Register Real Estate Association In 4 Simple Step

A
real estate association is an industry body of agents and brokers that unite
for the purpose of effectively exerting combined influence upon matters
affecting real estate industry.  The
association can also provide trainings to other estate agents, seek to influence
the government, produce market research, and operate an multiple listing services
for the benefit of its members.  Real
estate associations operate as independent organizations with a budget and
leadership approved by the members. Starting a real estate association is very
easy. You can start as informal gathering and grow it to formalized arrangement
with officials and membership dues and later have permanent staff.

Associations
are registered under the Societies Act in Kenya by the Registrar of Societies.
This is the procedure of registration.

1. Name Search: Have an official name search and
secure the proposed name of the association. A name search is conducted to
ascertain if proposed names are available for registration. This is a guideline
on
how
to conduct the association name search
.

2. Visit the offices of the Registrar of
Societies in the Registrar General Division of the office of the Attorney
General to make the application for registration. Here you will be given
application forms to make the application.

 

These forms include;

                               
i.           
Application for
Registration of Society Form
A

                             
ii.           
Notification of
Registered Office Or Postal Address Of A Society Form
B

                           
iii.           
Specimen
constitution for a society : Specimen
constitution for a society
 

3. Drafting of
the Constitution. Preparation of the proposed constitution of the Society.
A guideline is provided in the Act

4. Submit your
application documents, society’s constitution, required documents and
application fee of Ksh.2000 payment receipt to the office of registrar of
societies.

Requirements
for registration of a real estate association.

       
i.           
A list of
designated members ( 10 members minimum);

      ii.           
The names,
occupation and postal addresses of the officials Chairman, treasurer and
secretary;

    iii.           
Constitution of
the society which must contain name, postal address and objects of the society;

     iv.           
Application form
A and B each in duplicate signed by three of the officers.

       v.           
Copies of the ID,
PIN and Passport photo of the officials.

     vi.           
Application fee
of Ksh. 2000

The
processing of the application takes a maximum of 120 days to be ready. If the
application is approved a certificate of registration of the association is
then issued. If the application does not comply with the societies rules a
Notice of refusal is issued.

Every
registered society shall furnish the Registrar annually, the annual returns of
the previous year by filing in the prescribed form and at a prescribed fee
based on the number of members of the society.

The
Registrar of Societies office is located in sharia House, Harambee Avenue, Nairobi.
For more information call +254-2-2227461/2251355 /0711 9445555/0732 529995 or   send an
email to communications@ag.go.ke.
You can also check their website on  https://www.statelaw.go.ke

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