PhilRES Amended AIC and New by Laws Final Soft Copy (From Rem Ramirez)
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Transcript of PhilRES Amended AIC and New by Laws Final Soft Copy (From Rem Ramirez)
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
Page 1 of 94
Amended Articles of Incorporation And New By Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
Page 1 of 94
AMENDED 1
2
ARTICLES of INCORPORATION 3
of the 4 5
PHILIPPINE INSTITUTE of REAL ESTATE SERVICE 6
PRACTITIONERS (PhilRES) INCORPORATED 7 8
9
10
Know All Men By These Presents: 11
12
The undersigned incorporators, all of legal age and majority of whom are residents of the 13
Philippines, have this day voluntarily agreed to form a non-stock and non-profit professional 14
association under the laws of the Republic of the Philippines 15
16
17
THAT WE HEREBY CERTIFY: 18
19
FIRST: That the name of this corporation shall be: 20
21
PHILIPPINE INSTITUTE of REAL ESTATE SERVICE 22
PRACTITIONERS (PhilRES) INCORPORATED 23
24
25
SECOND: The Primary Purpose for which the non-stock and non-profit professional 26
association was incorporated is: 27
28
29
1. To register, unite and integrate all licensed and registered real estate service 30
practitioner and as well as associations in the Philippines into one national body, 31
in accordance with the provisions of Section 34, Article IV of R.A. 9646. 32
33
2. To insure the accomplishment of the purposes, duties and responsibilities 34
prescribed in RA 9646 and its Implementing Rules and Regulations; 35
36
3. To take into consideration and observe the relevant Rules in Res. No. 2004-178, 37
Series of 2004, particularly Rule 4 thereof (Cancellation of Accreditation) which 38
reads: “A Certificate of Accreditation of an accredited professional organization 39
shall be cancelled or suspended by the Commission or by any concerned 40
professional regulatory board upon approval or concurrence by the commission, 41
ONLY AFTER DUE HEARING UNDER ANY OF THE FOLLOWING 42
GROUNDS/CAUSES, such as, “5. The Accredited Professional Organization has 43
not renewed its certificate of accreditation after a lapse of an unreasonable period 44
from date of its renewability xxx”; 45
46
4. To consider and not to bar the automatic and mandatory membership of 47
registered member from joining any other affiliate organization of real estate 48
practitioners; 49
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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Amended Articles of Incorporation And New By Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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The Secondary Purposes for which the corporation was incorporated are: 50
51
1. To issue certifications of membership in good standing upon payment of the 52
fees and dues, lifetime or annually, to the licensed and registered members 53
thereof, for presentation to the Professional Regulation Commission (PRC) for 54
renewal of their Professional Identification Cards; 55
56
2. To promote and maintain high standards of professional and ethical conduct in 57
the exercise of the real estate profession; 58
59
3. To keep an updated record, roster, roll and registry of all its licensed and 60
registered members; 61
62
4. To charge and collect reasonable fees and dues from its licensed and registered 63
members and to provide them with all the benefits and privileges due them as 64
members; 65
66
5. To motivate and encourage the licensed and registered members to undergo the 67
Continuing Professional Education (CPE) programs, activities and courses for 68
the advancement of the real estate service profession; 69
70
6. To conduct comprehensive reviews, meetings, seminars, educational courses, 71
symposiums, forums and workshops preparatory to licensure examinations and 72
which are requirements of the CPE; 73
74
7. To adopt, develop and enforce the National Code of Ethics and Responsibilities 75
in the practice of the real estate service profession among its licensed and 76
registered members, their responsibility to the public, the clients and the 77
government and to the professional organization (AIPO);; 78
79
8. To assist the Professional Regulatory Board on Real Estate Service (PRBRES) 80
and the PRC in their function of safeguarding and protecting the legitimate and 81
licensed real estate practitioners and assist the PRBRES and the PRC in 82
monitoring all forms of advertisements, announcements, signboards, billboards, 83
pamphlets, brochures and others of similar nature concerning real estate 84
matters; 85
86
9. To seek affiliations with other domestic and international real estate 87
organizations whose purposes are also in accordance the association's own 88
objectives and the provisions of RA 9646 and other related Philippine Laws on 89
real estate service practice; 90
91
10. To perform such other lawful functions as may be directed and upon approval 92
by the Professional Regulatory Board of Real Estate Service (PRBRES) and 93
the Professional Regulation Commission (PRC) pursuant to Sec. 34, Art. IV of 94
R.A. No.9646; 95
11. To coordinate with other government agencies, departments, government 96
owned or controlled corporations or entities, as well as with other professional 97
organizations, and recommend amendments, repeals, sponsorship of laws and 98
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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Amended Articles of Incorporation And New By Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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or proposed Bills, ordinances or regulations, involving or affecting the real 99
estate industry; 100
101
12. To develop, set up, train, screen, evaluate and provide a pool/list of qualified 102
resource persons necessary to fully service and satisfy all the academic and 103
technical and other skills required to fully administer and render Continuing 104
Professional Education (CPE) program requirements of all its members; 105
106
13. To accept and administer grants, bequests, bequeaths and personal properties, 107
whether in cash or other property, movable or immovable and, endowments for 108
the promotion of the aims of the association. To manage all assets and 109
resources of the association for useful purposes and which will be beneficial to 110
the association and its members; 111
112
14. To acquire, purchase, own, hold, operate, develop, lease, mortgage pledge, 113
exchange, sell and transfer in any manner provided by law, real and personal 114
property, or any interest therein, as may be necessary and subject to the terms, 115
stipulations, and conditions as the National Directorate may impose and which 116
are necessary and proper in carrying out the association’s objectives; 117
118
15. To receive assignments of copyrights and other intellectual property rights and 119
to charge and collect reasonable fees or charges for their uses; 120
121
16. To be a recipient of titles of properties and to hold and use the proceeds and 122
income of stocks, bonds or other securities of any entity, organization or 123
association, domestic or foreign for the benefit of the association and its 124
members; 125
126
17. To open any and all kinds of bank accounts, investment accounts or trusts and 127
to invest the association’s funds to businesses and activities which PhilRES 128
deems necessary and proper and for purposes for which it was formed and for 129
the benefit of its members; 130
131
18. To establish a corporation, foundation or association which will help, assist and 132
cooperate with PhilRES in all its activities and which will redound to the 133
advancement of its members in the real estate profession. 134
135
136
THIRD: The principal business office of PhilRES shall be at PHALTRA Bldg., 137
#139 Matahimik St., UP Village, Quezon City, Metro Manila 1100, Philippines or at such other 138
address/place as the National Directorate may designate from time to time: 139
140
141
(As Amended on 13 July 2011) 142
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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13 July 2011
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144
145
146 147
148
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13 July 2011
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13 July 2011
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150
151
152 153
154
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13 July 2011
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13 July 2011
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157
158 159
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Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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13 July 2011
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162
163
164 165
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Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated
13 July 2011
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13 July 2011
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168
169
170 171
172
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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173
174
NEW BY-LAWS 175
of the 176
PHILIPPINE INSTITUTE of REAL ESTATE SERVICE 177
PRACTITIONERS (PhilRES) INCORPORATED 178
179
180
181
182
ARTICLE I. 183
NAME 184
185
Section 1. 186 The name of the non-stock corporation shall be PHILIPPINE INSTITUTE of REAL ESTATE 187
SERVICE PRACTITIONERS (PhilRES) INCORPORATED which, for purposes of these New 188
By-Laws, is hereinafter referred to as PhilRES. 189
190
191
192
ARTICLE II. 193
OFFICE 194
195
Section 2. 196 The principal business office of PhilRES shall be at PHALTRA bldg., #139 Matahimik St., UP 197
Village, Quezon City, Metro Manila 1100, Philippines or at such other address/place as the 198
National Directorate may designate from time to time. 199
200
201
202
ARTICLE III. 203
DEFINITION OF TERMS 204
205
Section 3. 206
When used in these By-Laws, the following terms shall mean as follows: 207
208
A. NATIONAL BOARD OF TRUSTEES - refers to the National Directorate of PhilRES 209
composed of twenty-one (21) members/trustees who are duly elected during an Annual 210
General Membership Meeting & Elections representing the regions from National 211
Capital Region1 (NCR1), National Capital Region2 (NCR2), South Luzon, North Luzon, 212
Visayas and Mindanao. 213
214
B. NATIONAL OFFICERS - refers to the officers of PhilRES composed of the twenty-215
one (21) elected trustees/members. 216
217
C. CHAPTERS – refers to the PhilRES Local Chapters organized nationwide within the 218
regions of NCR1, NCR2, South Luzon, North Luzon, Visayas and Mindanao upon the 219
acceptance by the National Directorate as such, are duly organized and existing in the 220
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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various geographical and political subdivisions in the Philippines, the membership of 221
which are composed of Regular Members. 222
223
Membership in a Local Chapter and payment of the required association dues/fees are is 224
one of the mandatory requirements to be considered as a bona fide and Member in Good 225
Standing. 226
227
D. LOCAL CHAPTER OF CHOICE – refers to the Local Chapter where the individual 228
member is a Regular Member. As such, and where said member has the right to vote and 229
be voted upon as a Local or National trustee/officer or trustee thereof or of PhilRES. 230
231
E. PhilRES-National – refers to the national administrative secretariat office of the 232
Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated. 233
234
F. MEMBER IN GOOD STANDING –refers to a Regular Member with a valid Real 235
Estate Service Practitioner’s license and Professional Identification Card and who has 236
paid his/her annual/lifetime association dues to his/her local chapter. An Accredited 237
Salesperson listed under a licensed Real Estate Broker and with a valid Salesperson’s 238
Accreditation Number and Identification Card issued by the Professional Regulation 239
Commission (PRC), and who is updated in the payment of his/her PhilRES annual 240
membership dues (referred as Annual Dues for brevity). A member in good standing is 241
also one who is a member of a LOCAL CHAPTER OF HIS/HER CHOICE as certified 242
by the LOCAL CHAPTER Secretary and as attested to by the LOCAL CHAPTER 243
President. 244
245
G. Kindred Organizations - refers to the existing, SEC registered and incorporated kindred 246
and allied real estate service organizations, whether of local/national in scope and 247
coverage, who performs services which are supportive or may complement or augment 248
the plans and programs of PhilRES. 249
250
The Kindred Organizations are, but not limited to the following: 251
• Institute of Philippine Real Estate Consultants, Inc. 252
• Philippine Association of Realty Consultants & Specialists, Inc. 253
• Institute of Philippine Real Estate Appraisers, Inc. 254
• Philippine Association of Realty Appraisers, Inc. 255
• Northern Mindanao Association of Real Estate Appraisers, Inc. 256
• Institute of Public Sector Appraisers of the Philippines, Inc. 257
• Real Estate Brokers Association of the Philippines, Inc. 258
• Philippine Realtors Foundation, Inc. 259
• Chamber of Real Estate Builders Association, Inc. 260
• National Real Estate Association, Inc. 261
• National Real Estate Association-Cebu, Inc. 262
• NAR Philippines, Inc. 263
• Philippine Association of Realtors Boards, Inc. 264
• Philippine Association of Local Treasurers & Assessors, Inc. 265
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
Page 11 of 94
• Philippine Association of Municipal Assessors, Inc. 266
• Philippine Association of Assessing Officers, Inc. 267
• Philippine Council of Real Estate Educators, Inc. 268
• CREBA- Research, Inc. 269
• Subdivision and Housing Developers Association, Inc. 270
• Organization of Socialized Housing Developers of the Philippines, Inc. 271
• Philippine Allied Chamber of Real Estate Brokers and Licensed Salesmen, 272
Inc. (PhilAcre, Inc) 273
• Federation of Real Estate Brokers’ Associations in Region 3 274
(FREBA R3), Inc. 275
• Pareb Constituent Member Boards 276
• Rebap Local Chapters 277
• Phil-Global Association of Realtors, Inc. 278
• NREA Chapters 279
• SUPRA 280
• SIRCRO 281
282
The existence, cognizance and acknowledgement of the functional relevance and 283
functional utility of these Kindred Organizations depends on the importance of their 284
works and cooperation that are supportive or may complement or augment the plans and 285
programs of PhilRES. This, however, does not in any way grant them automatic 286
membership rights and privileges with PhilRES. 287
288
PhilRES may at anytime add or remove any Kindred organization from the list hereof, 289
for whatever reason, and may engage their services that will serve the best interest of 290
PhilRES and its general membership. 291
292
293
H. COLLEGE of FELLOWS - refers to active and exclusive members within the sectoral 294
category of PhilRES, who have been elevated to the status of "Fellow". These are 295
composed of a select group of licensed real estate practitioners who have consistently 296
paid their annual membership dues on time, for at least five (5) years and who have 297
distinguished themselves in the practice of the real estate profession. 298
299
300
301
ARTICLE IV. 302
GENERAL MEMBERSHIP 303
304
Section 4. Types of Membership 305 A. The Types of Membership of PhilRES consists of: 306
307
1. Regular Members 308
a. Founding Members 309
b. Charter Members 310
c. Ordinary Regular Members 311
d. Senior Members 312
e. Emeritus Members 313
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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2. Associate Members 314
a. Salesperson Members 315
b. Kindred Trades Members 316
317
318
Section 5. Regular Members 319 The Regular Members of PhilRES are: 320
321
1. Natural persons who are licensed and registered real estate service practitioners who have 322
been duly licensed and recognized by the Professional Regulatory Board of Real Estate 323
Service (PRBRES) pursuant to the provisions of Section 20 Article III as applicable of R. 324
A. 9646, and its Implementing Rules and Regulations, and; 325
326
2. Those who have been admitted by PhilRES as a Regular Member pursuant to the 327
provisions of Sections 14 and Section 34 Article IV of R. A. 9646, and its Implementing 328
Rules and Regulations, and Section 19 Article IV of PhilRES By-Laws. 329
330
331
Section 6. Founding Regular Members 332 The Founding Members of PhilRES are: 333
334
1. The Honourable Member of the House of Representatives who is the principal author of 335
Republic Act 9646, and its Implementing Rules and Regulations and who is himself a 336
duly licensed and recognized real estate service practitioner namely: 337
338
a. Hon. Cong. Rodolfo G. Valencia 339
340
341
2. The first Board Members of the Professional Regulatory Board of Real Estate Service 342
(PRBRES) namely; 343
344
a. Hon. Eduardo Gutierrez-Ong - Chairman; 345
b. Hon. Bansan C. Choa - Member; 346
c. Hon. Ramon F. Cuervo III - Member; 347
d. Hon. Rafael M. Fajardo - Member; 348
e. Hon. Florencio C. Dino - Member. 349
350
351
3. All members of the “Convenors Group” who became Regular Members of PhilRES 352
regardless of their date of admission as “bona fide” members of PhilRES. They are those 353
who are, who were registered and licensed as such pursuant to Section 20 Article III of 354
RA 9646, and its Implementing Rules and Regulations, and whose names appear in the 355
Roster of Real Estate Service Practitioners Registry of the Professional Regulation 356
Commission (PRC). Provided, they have filed their applications for licensing without 357
examination with the national, provincial and/or regional business offices of the 358
Professional Regulation Commission (PRC) on or before the close of business offices on 359
30 July 2011. 360
361
The “Convenors Group” is composed of distinguished Real Estate Service Practitioners, 362
who have shown exemplary performance and leadership to his/her fellow practitioners in 363
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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the real estate profession. Moreover, the “Convenors Group” are those who have acted 364
with a moral duty and obligation, to perform to the best of their ability, the functions, and 365
capabilities of a real estate service practitioner. 366
367
Further, the “Convenors Group” are those who have acted in the best interest of their 368
respective organizations and their members and those who have exercised and have taken 369
into consideration the constitutional rights of members guaranteed under Section 8 of 370
Article III of the 1987 Constitution of the Republic of the Philippines. 371
372
The “Convenors Group” are the distinguished ladies and gentlemen Presidents, and/or 373
Chairmen of the Board, and/or Members of the Board of Directors/Trustees and/or 374
Officers of the following real estate service associations and organizations: 375
376
• Institute of Philippine Real Estate Consultants, Inc. (IPREC) 377
Enrico Melchor G. Sevilla - President 2010 378
Amelita E. Sarmiento - Chairman of the Board 2010 379
Juan B. Dayag - Vice President 2010 380
381
• Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) 382
Domingo De Vera - President 2010 383
Victor Salinas 384
Carolina Alvarez 385
386
• Institute of Philippine Real Estate Appraisers, Inc. (IPREA) 387
Roche U. Rigos - President 2010 388
Ernesto M. Angeles 389
390
• Philippine Association of Realty Appraisers, Inc. (PARA) 391
Dr. Mary Gaw So - President - 2010 392
Filipina Tuazon 393
394
• Real Estate Brokers Association of the Philippines, Inc. (REBAP) 395
Jose Julius M. G. Topacio - Chairman 2010 396
Evangeline M. De Jesus - Vice President for MIS 397
Josefina D. Magumcia - VP Internal 398
399
• Northern Mindanao Association of Real Estate Appraisers, Inc. (NORMINAREA) 400
Pilar Torres-Banaag - President 2010 401
402
• Philippine Association of Realtors Boards, Inc.(PAREB) 403
Pilar Torres-Banaag - President 2010 404
Tomasito Academia - Chairman of the Board 2010 405
Jocelynn Coronado-Sison - Secretary General 2010 406
407
• Chamber of Real Estate Builders Association, Inc. (CREBA) 408
Florentino S. Dulalia, Jr. - President 2010 409
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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• National Real Estate Association, Inc. (NREA) 410
Marissa P. Magsino - President 2010 411
Alejandro S. Mañalac – Chairman – 2010 412
413
• National Real Estate Association, Inc. – Cebu (NREA-Cebu) 414
Abundio C. Gultiano, Jr. - President 2010 415
416
• NAR Philippines (NAR) 417
Moises Canayon - President 2010 418
Elizabeth Villareal - Vice President 419
Atty. Pagunuran 420
421
• Philippines Realtors Foundation, Inc. (PRFI) 422
Jane Saguinsin - President 2010 423
Ma. Teresita B. Canlas - Executive Vice President 2010 424
425
• Institute of Public Sector Appraisers of the Philippines, Inc. (IPSAP) 426
Joselito C. Caballero - President 2010 427
Genaro N. Flores – Vice President 2010 428
429
• Philippine Association of Local Treasurers & Assessors, Inc. (PHALTRA) 430
Nelson P. Quiambao - President 2010 431
432
• Philippine Association of Municipal Assessors, Inc. (PAMAS) 433
Mario G. Magcalas - President 2010 434
435
• Philippine Association of Assessing Officers, Inc. (PAAO) 436
Nelson E. Parreno - President 2010 437
Gener R. Sison - EVP 438
439
• Subdivision and Housing Developers Association, Inc. 440
Jose De Guzman 441
442
• Philippine Council of Real Estate Educators, Inc. (PHILCORE) 443
Amelita E. Sarmiento 444
Florentino S. Dulalia, Jr. 445
446
• Organization of Socialized Housing Developers of the Philippines (OSHDP) 447
Linda A. Tan 448
449
• Asian Valuers Association (AVA) 450
Federico F. Cuervo 451
452
• SUPRA 453
Filemon Saromo 454
455
• SIRCRO 456
Arnulfo Canaria 457
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Practitioners (PhilRES) Incorporated
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• Federation of Real Estate Brokers’ Associations in Region3 (FREBA R3), Inc. 458
Araceli S. Cauguiran - Past President 2009 459
Edward R. Tolentino 460
461
462
4. The Founding Incorporators/Trustees and witnesses to the Articles of Incorporation and 463
By-Laws PhilRES. 464
465
466
Section 7. Charter Members 467 The Charter Members of PhilRES are all those Regular Members of PhilRES, regardless of date 468
of admission as Regular Members of PhilRES, who are registered and licensed real estate 469
service practitioners as such, under the provisions of Section 20, Article III of RA 9646, its 470
Implementing Rules and Regulations and those whose names appear in the Roster of Real Estate 471
Service Practitioners Registry of the Professional Regulation Commission (PRC). 472
473
474
Section 8. Senior Members 475 Any Regular Member, Associate Member or new member of PhilRES of the age of sixty five 476
(65) years shall be considered as a Senior Regular Member or Senior Associate Member of 477
PhilRES. 478
479
Senior Members enjoy all the rights, privileges and responsibilities of a Regular Member and 480
shall pay only eighty-percent (80%) of their annual membership dues and/or any other 481
assessments. 482
483
Senior Members may only lose their membership with PhilRES on any of the following 484
grounds: 485
486
1. Final conviction of a crime involving moral turpitude or fraud; 487
2. Removal for any valid/legal causes or for violation of PhilRES By-Laws. 488
489
490
Section 9. “Member Emeritus” Members 491 A Member Emeritus is a Regular Member who have been in good standing with PhilRES 492
continuously for at least twenty-five (25) years with an untarnished record of loyalty and 493
exemplary service to the organization. 494
495
Regular members may be conferred the title of "Member Emeritus" upon written 496
recommendation of the Committee on Membership and the Committee on Awards and upon 497
approval by the National Directorate. 498
499
“Member Emeritus” shall enjoy all the rights, privileges and responsibilities of a Regular 500
Member. They shall be exempted from further payment of annual membership dues/fees and any 501
other assessments, provided, they present their renewed valid PRC Professional Identification 502
Card and to be able to exercise the right to give and receive proxies, to vote and be voted upon. 503
504
“Member Emeritus” Members shall have the privilege to use the title "Member Emeritus". 505
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
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“Member Emeritus” Members may only lose their membership with PhilRES on any of the 506
following grounds: 507
508
1. Final conviction of a crime involving moral turpitude or fraud; 509
2. Removal for any valid/legal causes or for violation of PhilRES By-Laws. 510
511
512
Section 10. Ordinary Regular Members 513 Ordinary Regular Members are those Regular Members who are not classified as Founding, 514
Charter, Senior, Emeritus nor Fellows of PhilRES. 515
516
517
Section 11. Associate Members 518 Associate Members are natural persons engaged in kindred trades or occupations in the real 519
estate industry such as, but not limited to accredited real estate salespersons. 520
521
An accredited real estate salesperson is a natural person listed under a licensed Real Estate 522
Broker, who performs service under the supervision of the latter, and who have been admitted 523
by PhilRES thru the LOCAL CHAPTER OF CHOICE of his/her principal broker as a 524
Salesperson Member pursuant to the provisions of Rule 2 Paragraph 2 of PRC Resolution No. 525
2004-178. 526
527
The National Directorate may from time to time, subject to prior approval by at least 2/3 votes 528
of all Regular Members in Good Standing voting in a referendum, in a “Special Membership 529
Meeting” for the purpose, may approve membership of other kindred trades or occupations 530
which may possibly be classified under the category of Associate Members by PhilRES. 531
532
533
Section 12. Sectoral Categories of Real Estate Practitioners 534 Sectoral Categories of Members shall refer to and consist of the following: 535
536
1. Real Estate Consultant - is a duly registered and licensed natural person, who for a 537
professional fee, compensation or other valuable consideration, offers/renders 538
professional real estate services on the following: (i) acquisition, 539
enhancement, preservation, utilization or disposal of lands and including the 540
improvements existing thereon; and (ii) the conceptualization, planning, management 541
and development of real estate projects; 542
543
544
2. Real Estate Appraiser or Real Estate Valuer - a duly registered and licensed natural 545
person, who for a professional fee, compensation or other valuable consideration, 546
performs, renders, or offers to perform services, in the valuation of real estate and other 547
related properties and its interest, and rendering therein his professional expertise in 548
giving written valuation and report to the subject matter of his/her appraisal/valuation. 549
550
2.1 Private Sector Real Estate Appraiser - a Real Estate Appraiser/Valuer is a natural 551
person who works in his/her private capacity and is not subject to or covered by 552
Civil Service Rules and Regulations, “Code of Conduct and Ethical Standards for 553
Public Officials and Employees" and “Anti-Graft and Corrupt Practices Act”; 554
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2.2 Real Estate Assessor/Government Appraisers - a Real Estate Appraiser/Valuer is 555
a natural person who works in a local government unit (LGU) and/or other 556
government agencies or government owned or controlled corporations who 557
performs appraisal/valuation and assessment of government-owned real 558
properties and/or who perform appraisal and assessment of privately owned real 559
properties as part of their official functions and they are subject and covered by 560
Civil Service Rules and Regulations, “Code of Conduct and Ethical Standards for 561
Public Officials and Employees" and the “Anti-Graft and Corrupt Practices Act”; 562
563
564
3. Real Estate Broker - a duly registered and licensed natural person, who for a professional 565
fee, commission or other valuable consideration, acts as an agent/attorney-in-fact of a 566
party, in a real estate transaction. He/she offers, advertises, solicits, lists, 567
promotes, mediates, negotiates or help in the meeting of the minds of the parties to a sale, 568
purchase, exchange, mortgage, lease, joint venture, or other similar real estate 569
transactions or any interest therein; 570
571
572 4. Accredited Real Estate Salesperson – is one who performs real estate services for a 573
valuable consideration or in expectation of a share in the professional fee or 574
commission in the performance of his/her services. He/She is a duly accredited 575
natural person who may or may not be listed by a Licensed Real Estate Broker, in 576
order to be accredited by the Professional Regulation Commission (PRC). However, 577
a real estate Salesperson must be listed by a Licensed Real estate broker before 578
he/she can practice his/her profession as a Real Estate Salesperson. 579
580
581
Section 13. Sectoral Categories’ College of Fellows 582 The College of Fellows, hereinafter referred to as the “College” is an institution within PhilRES 583
which is composed of active Regular Members of the particular sector where they are Regular 584
Members of. 585
586
The different Sectoral Categories’ College of Fellows are: 587
588
1. Real Estate Consultants’ College of Fellows; 589
590
2. Real Estate Appraisers’ College of Fellows 591
(Private Sector Real Estate Appraiser/Valuer and GOCC/LGU Sector Real Estate 592
Assessor/Appraisers); 593
594
3. Real Estate Brokers’ College of Fellows; 595
596
597
Section 14. Purposes and Objectives of College of Fellows 598 The purposes and objectives of the College of Fellows are: 599
600
a. To act as a consultative body of the National Directorate and to study, research 601
and formulate policies and programs which includes but is not limited to the 602
Code of Ethics & Responsibilities and other concerns, issues and policies that 603
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affect their particular sector to be submitted for consideration of the National 604
Directorate; 605
606
b. To promote the interest and advancement of the real estate industry and 607
profession and of PhilRES and to contribute to the promotion, enhancement 608
programs and activities beneficial to the general membership; and 609
610
c. To advance the interest of the real estate industry and of PhilRES and contribute 611
to the programs and activities of the general membership. 612
613
614
Section 15. Promotion as a “Fellow” 615 A Regular Member may be promoted as “Fellow” upon such procedures as may be determined 616
by the National Directorate. The following are the qualifications to be considered and promoted 617
as a “Fellow”, to wit: 618
619
a. All Founding Incorporators, Founding Members of the National Directorate, the 620
Founding Officers and the Members of the different Committees and all Charter 621
Members of PhilRES are automatically members of the College of Fellows of the 622
particular sector where they are Regular Members of. 623
624
b. Any Regular Member of PhilRES may be nominated into the applicable Sectoral 625
Category of the College of Fellows. Provided the member nominee must have 626
been a member in good standing consistently and continuously with the PhilRES 627
and he/she must have consistently paid his membership dues on time at least last 628
five (5) years prior to the time of his nomination. 629
630
c. The grant, conferment and use of such title of distinction and honorary 631
conferment of title shall be in accordance with the evaluation and procedures set 632
forth and as may be deemed proper by the National Directorate and conferred in a 633
formal investiture ceremony. 634
635
d. Conferment of such title shall be made only after the formal confirmation of such 636
award by the Membership Committee and upon recommendation and approval of 637
such honorary title by the National Directorate. 638
639
e. The member awardee shall be then formally accepted and inducted as a “Fellow” 640
during a formal awarding ceremony conferring such title of “Fellow” in his 641
particular Sectoral Category. 642
643
f. Arrears in the payment of the annual membership dues for the five (5) year 644
period requirement is a bar and will disqualify the nominee to the award. 645
Payment of the annual membership dues shall be certified by the Treasurer and 646
the Secretary General. 647
648
649
Section 16. Governing Body of the College of Fellows 650 The College shall vote for a set of Officers consisting of the Executive Director, Vice Executive 651
Director, Secretary, and Finance Officer. They shall administer the affairs and projects of the 652
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College of Fellows during the time of their tenure of office, taking in consideration as guide the 653
Implementing Rules and Regulations of the College of Fellows 654
655
656
Section 17. Implementing Rules and Regulations of the College of Fellows 657 The College of Fellows shall adopt an Implementing Rules and Regulations in order to assist the 658
officers in the accomplishment of the task assigned to them, taking into consideration all the best 659
and possible undertakings for which it was intended and designed. 660
661
The policies, activities and Implementing Rules and Regulations of the College of Fellows shall 662
be subject to the approval of the National Directorate before implementation. The same shall not 663
be contrary to the policies of the National Directorate and of PhilRES By Laws. 664
665
666
Section 18. Honorary Membership into the College of Fellows 667 1. Honorary Membership of any Sectoral College of Fellows may be conferred upon any 668
local national or foreign national whether a real estate service practitioner or practicing 669
in a kindred trade or activity. 670
671
The prospective honorary awardee must possess high standards of moral integrity and 672
must have exceptionally contributed to the advancement of the real estate service 673
profession of the sector the nominee is being nominated into. 674
675
2. The prospective honorary awardee must be nominated by at least thirty (30) members of 676
the College of Fellows in good standing. Said nomination shall be approved by the 677
National Directorate and the College of Fellows of the sectoral category where the 678
honorary prospective awardee was nominated into. 679
680
3. An Honorary Member of the College of Fellows enjoys the right and privilege to be 681
present in the functions and activities of PhilRES. 682
683
4. Being an Honorary Member of the College of Fellows does not entitle the holder to 684
practice the real estate service profession unless allowed under RA 9646 and other 685
related laws in the Philippines. 686
687
688
Section 19. Requirements for Membership Admission to PhilRES 689 Regular Membership into PhilRES shall be automatic and mandatory for all licensed real estate 690
service practitioners whose names are verified to be true and appear in the Roster of Real Estate 691
Service Practitioners Registry of the Professional Regulation Commission (PRC). 692
693
Associate Membership into PhilRES shall be automatic and mandatory for all Accredited 694
Salespersons whose names and accreditation as Salespersons are verified to be true and pursuant 695
to the provisions of Section 34 Article IV of R.A. 9646, and its Implementing Rules and 696
Regulations and whose application for Associate Membership into PhilRES is accompanied by a 697
notarized certification of conferment of accreditation, guaranty and warranty licensed and 698
principal real estate broker whom the Salespersons are accredited with. 699
700
All foreign nationals granted permits to operate as real estate service practitioners or given a 701
certificate of registration or a professional identification card pursuant to the provisions of 702
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Section 24 Article III of RA 9646 shall be automatic “bona fide” members of PhilRES and must 703
submit and comply with the prescribed additional requirements to be a “member in good 704
standing” in order to enjoy and receive the benefits and privileges that only a “member in good 705
standing” shall have the privilege and right to exercise as applicable. 706
707
All real estate service practitioners with verified eligible qualifications shall automatically 708
become “bona fide” members of PhilRES. All New Members must submit and comply with the 709
following additional requirements hereunder enumerated, to wit: 710
711
1. He/She must present the original copy of the real estate practitioner's license I.D. 712
and certificate issued by the Professional Regulatory Board of Real Estate 713
Service for authentication and comparison to the photocopy presented together 714
with his application. This is in pursuance to the provisions of Section 3(g) Article 715
I, Section 20, Article III and Section 30, Article IV of RA 9646; 716
717
718
2. He/She must be a member of a PhilRES Local Chapter. Every Regular member 719
shall be a member of a Local Chapter of his choice, provided that his/her 720
application into the Local Chapter of his choice must accept and approves his/her 721
membership application. 722
723
724
3. He/She may join one or more Local Chapter. Provided, that said member pays all 725
his/her Membership Dues and Assessments to every Local Chapter that he is a 726
member. Provided further that the said member submits a declaration of the 727
“Local Chapter of His/Her Choice” to the Local Chapter Secretary; 728
729
730
4. He/She must sign a waiver under oath authorizing PhilRES or its duly authorized 731
representative to verify all information contained in his application for 732
membership and including datas and information as appearing in his/her 733
Members Information Record; 734
735
736
5. He/She must indicate the complete residential address as certified to by the 737
Barangay Captain/Barangay Clearance issued by the Barangay Captain where 738
he/she resides and his/her office/business address in his application for 739
membership pursuant to Section 22 Rule III of the RESA IRR; 740
741
742
6. He/She shall swear to the Pledge for Members and to the National Code of Ethics 743
and Responsibilities, as approved and adopted by the PRBRES and the PRC prior 744
to his/her formal investiture into PhilRES in solemn proceedings specifically set 745
for the purpose; 746
747
748
7. He/She shall accomplish one (1) Members Information Record for every sectoral 749
category where he/she belongs. Any other member shall simply correct/update 750
his membership data form with PhilRES in conformity with any additional or loss 751
of eligibility to perform any category of real estate service or type of 752
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membership. 753
754
8. All registered and licensed real estate service practitioners as well as accredited 755
salespersons whose names appear in the Roster of Real Estate Service 756
Practitioners Registry of the Professional Regulation Commission (PRC) 757
pursuant to the provisions of Section 34 Article IV of R.A. 9646, and its 758
Implementing Rules and Regulations shall continue to be bona fide” members of 759
PhilRES except in the following manner, to wit: 760
: 761
8a. Members who are deceased; and, 762
763
8b. Members whose memberships are terminated pursuant to the provisions 764
of these By-Laws. 765
766
767
9. Associate Members may only apply as a member of the “Local Chapter of 768
Choice” where his/her principal broker is a Regular Member of and that the 769
Associate Member applicant shall have fully complied with the provisions of 770
these By-Laws. 771
772
773
Section 20. Local Chapter Organization and Membership Requirements 774 Local Chapters shall be organized in accordance with the following: 775
776
1. The National Directorate shall prescribe a uniform set of Articles of Incorporation and 777
By-Laws and rules governing the formation, incorporation, administration and operation 778
of Local Chapters which shall not be inconsistent with the Articles of Incorporation and 779
By-Laws of PhilRES. 780
781
Exceptions or modifications of the rules and provisions of the By-Laws for specific 782
Local Chapter shall not be allowed unless otherwise approved by the National 783
Directorate for reasons that it may deem meritorious; 784
785
786
2. No act of a Local Chapter shall directly or indirectly nullify or contravene any provisions 787
of these By-Laws and such rules, regulations, plans, programs or activity adopted and 788
sanctioned by the National Directorate; 789
790
791
3. All Local Chapters shall be under the general supervision of their respective Regional 792
Vice Presidents as provided in these By-Laws; 793
794
795
4. The Regional Area Jurisdiction and Local Chapter jurisdiction shall be based on its 796
geographical and political boundaries as defined in Section 79(2) Article XIII, and 797
Sections 80-85 Article XIII of these By-Laws; 798
799
800
5. The applicant for a Local Chapter must have a minimum number of Fifteen (15) 801
Members who are duly licensed Real Estate Service Practitioners exclusive of the 802
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number of accredited salesperson associate members and such other requirements as may 803
be determined as necessary by the National Directorate as recommended by the Chapter 804
Development & Chapter Affairs Committee and/or Membership Committee: 805
806
807
6. The organizers of a Local Chapter shall formally communicate its intent to the National 808
Directorate to set-up a New Local Chapter enclosing therewith the following minimum 809
requirements: 810
811
6.1 Unconditional commitment by the petitioners to fully adopt the prescribed 812
standard and uniform Articles of Incorporation and By-Laws approved by the 813
National Directorate for all Local Chapters under PhilRES with no exceptions or 814
additions thereto; 815
816
6.2 Duly accomplished and filled-up proposed new Members Information Record of 817
the proposed Local Chapter together with photocopies of their valid Certificate of 818
Registration and Professional Identification Card, among others. 819
820
The application for a proposed Local Chapter shall be accepted or denied by the National 821
Directorate upon the joint recommendations of the (a) Chapter Development and Chapter 822
Affairs Committee, and (b) Membership Committee; 823
824
825
7. An applicant for Local Chapter organization shall be circularized within the period of 826
fifteen (15) days together with its proposed members upon payment of the required 827
chapter organization application fee, payment of the required chapter membership 828
processing fee, payment of the required Annual Chapter dues, and the payment of 829
required membership fees of its individual members; 830
831
832
8. Once an application for a Local Chapter organization is approved, the recommendation 833
and its approval shall be accompanied by the prescribed standard and uniform Articles of 834
Incorporation and By-Laws approved by the National Directorate for all Local Chapters 835
under PhilRES; 836
837
838
9. No Local Chapter shall be registered with the Securities and Exchange Commission 839
(SEC) affixing the national association name as a prefix herein referred to as “PhilRES-” 840
unless its chartering shall have been duly approved by the National Directorate; 841
842
843
10. The New Local Chapter shall be formally presented, proclaimed and accepted during 844
formal investiture proceedings, and PhilRES will formally present and induct its officers 845
and members during PhilRES’ Annual General membership Meeting and Elections; 846
847
848
11. All New Local Chapter Members’ shall be circularized to all members by the 849
Membership Committee within thirty (20) calendar from receipt of the filing of their 850
complete application for membership into PhilRES. 851
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Only applications for membership that fully complies with all the requirements for 852
membership application shall be accepted for processing. 853
854
855
12. PhilRES shall exercise full right, option and discretion to approve, reject, consolidate 856
and/or merge applications to form chapters or intents to form chapters. 857
858
859
Section 21. Minimum Membership Residency Requirement Rule 860 a) Regular Members may become a member of any or all of the different sectoral categories of 861
licensed real estate service practitioners, provided that, the member is a duly licensed real 862
estate service practitioner of such category and that the applicant fully complies with the 863
provisions of these By-Laws. 864
865
b) A Local Chapter Regular Member can only be nominated, voted or, appointed to represent 866
his/her real estate category if the Regular member has the required twelve (12) months 867
continuous minimum membership residency requirement in good standing in that particular 868
real estate category, and as proof compliance the Regular Member must show at least two 869
(2) consecutive membership dues payment receipts of his Mother Chapter dated not later 870
than March 15 of any given year or as evidenced by the membership records issued in 871
his/her name in the category where he/her belongs to. 872
873
c) A Local Chapter Associate Member can only be qualified and selected as a representative of 874
his/her sector only when the Associate Member has the required twelve (12) months 875
continuous minimum membership residency requirement in good standing in that particular 876
real estate service category, and as proof compliance the Regular Member must show at least 877
two (2) consecutive membership dues payment receipts of his Local Chapter of Choice dated 878
not later than March 15 of any given year or as evidenced by the membership records issued 879
in hi/her s name in the category where he/she belongs to. 880
881
d) Regular Members in Good Standing who are prior members of other Local Chapters: 882
883
(1) who transfer to, or 884
(2) who become members of newly formed Local Chapters, 885
886
are subject to the twelve (12) months continuous minimum residency rule in the Local 887
Chapter of Choice where they are new members of, except those Regular Members that are 888
admitted as new members during the effectivity of the Transitory Provisions of these New 889
By Laws as adopted on 13 July 2011. 890
891
892
Section 22. Resignation from Membership 893 Any member may resign from membership from any category at any time in PhilRES through a 894
written notice submitted to the Secretary General provided that such resignation shall not be 895
effected and binding upon PhilRES until acted upon by the National Directorate even though the 896
effective date of resignation is fixed in said notice by said resigning member. 897
898
The National Directorate shall act upon such notice of resignation within thirty (30) calendar 899
days from receipt of said notice. 900
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Upon approval of such resignation from membership, the Secretary General shall immediately 901
bring the matter to the attention of the PRC through the PRBRES. Forthwith the member 902
concerned shall cease to be a member of PhilRES and his name shall be stricken out from the 903
Official Roster of Registered and Licensed Real Estate Practitioners maintained by the PhilRES 904
and by the PRC from the Roster of Real Estate Service Practitioners Registry of the Professional 905
Regulation Commission (PRC).. 906
907
Notwithstanding any other provision in these By-Laws, a member against whom a charge of 908
violating the laws and regulations is pending may not resign or be terminated from membership 909
until final judgment is rendered. 910
911
Any individual who resigns loses all rights and privileges granted by law or these By-Laws, 912
including the right to use the organization's name, initials or symbols until otherwise reinstated. 913
914
A member who has resigned shall be given a clearance only after paying all his/her financial 915
obligations with PhilRES and his/her Local Chapter as evidenced by a “Certification of No 916
Financial Accountability” from the Treasurer. 917
918
919
Section 23. Forfeiture of Membership and Forfeiture of Membership Privileges 920 a) A member, shall upon hi/her s final conviction of a crime of moral turpitude or any other 921
offence punishable by at least six (6) months imprisonment, shall automatically lose and 922
forfeit all his Memberships in all categories and forfeit all his Membership Privileges as 923
well with PhilRES. 924
925
b) A member, upon due notice and hearing, may only be censured, suspended or removed and 926
forfeit any or all of his Membership Privileges with PhilRES in the particular category where 927
he/she was charged in, after all avenues of appeal with the Professional Regulatory 928
Commission pursuant to any and all applicable laws related thereto have been exhausted. 929
930
c) A member who has resigned, or who has been censured, suspended or removed shall be 931
given a clearance only after paying all his/her financial obligations with PhilRES and his/her 932
Local Chapter as evidenced by a “Certification of No Financial Accountability” from the 933
Treasurer. 934
935
936
937
ARTICLE V. 938
FEES and DUES 939
940
Section 24. Payment of Membership Fees 941 An initial membership fee of Php 500.00 shall be assessed as Annual Regular Membership dues 942
to be initially collected from the Regular Members due to PhilRES, the recognized AIPO. 943
944
While, an initial membership fee of Php 300.00 shall be assessed as Annual Associate 945
Membership dues to be initially collected from the Associate Members due to PhilRES, the 946
recognized AIPO. 947
948
All Membership dues and fees payable to PhilRES-National of whatever nature shall be only 949
paid thru the members’ Local Chapter and these fees and assessments in turn shall be remitted to 950
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PhilRES-National for the account of the paying member by hi/her s Local Chapter not later than 951
fifteen (15) days upon receipt of such payments. 952
953
The National Directorate may allow direct payments by members of other fees and assessments 954
to PhilRES-National. 955
956
957
Section 25. Membership Application Fees and Processing Fees for New Individual 958
Members and New Local Chapter Members 959 The National Directorate shall determine the appropriate and reasonable fees and any other 960
assessments to be collected from its members and may at any time modify or increase the fees it 961
deems appropriate and reasonable upon consultation with the Professional Regulation 962
Commission (PRC) thru the Professional Regulatory Board of Real Estate Service (PRBRES). 963
964
a) The payment of the one-time membership application fee and one-time membership 965
processing fee shall be paid upon submission of all Individual Membership applications. 966
967
b) The payment of the one-time Chapter Organization Application fee and one-time Chapter 968
Membership processing fee shall be paid upon submission of all Chapter Organization 969
applications. 970
971
972
Section 26. Regular Annual Membership Dues 973 The National Directorate shall determine the appropriate and reasonable Regular Annual 974
Membership Dues and any other assessments to be collected from its members and may at any 975
time modify or increase the fees it deems appropriate and reasonable. 976
977
Initially, a membership fee of Php 500.00 shall be initially assessed as by way of Annual 978
Regular Membership dues to be initially collected from the Regular Members and an initial 979
membership fee of Php 300.00 shall be initially assessed as by way of Annual Associate 980
Membership dues to be initially collected from the Associate Members due to PhilRES, the 981
recognized AIPO. 982
983
a) All individual members are obligated to pay PhilRES-National Annual Membership Dues 984
and Local Chapter Annual Membership Dues and any other reasonable assessments he/she 985
belongs to on time; 986
987
b) All local chapters are obligated to pay Annual Chapter Dues and any other reasonable 988
assessments on time; 989
990
c) PhilRES-National Individual Annual Membership dues and any other reasonable 991
assessments for any calendar year are payable not later than the 15th
of March of every year; 992
993
d) Local Chapter Annual Individual Membership dues and any other reasonable assessments 994
for any calendar year are payable not later than the 15th
of March of every year; 995
996
e) Each Local Chapter must pay its Annual Chapter dues and any other reasonable assessments 997
to PhilRES-National for any calendar not later than the 15th
of March of every year; 998
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f) An individual member or Local Chapter whose membership has been forfeited or suspended 999
shall still be required to pay his/her or its membership dues for the current year, thereafter 1000
the said member need not pay his/her or its membership dues until after the lifting of his/her 1001
or its suspension or after he/she or it has been re-admitted into PhilRES; 1002
1003
g) No member or Local Chapter shall be refused acceptance of the payment of his/her or its 1004
membership dues after serving his his/her or its suspension from PhilRES or after having 1005
been readmitted into PhilRES; 1006
1007
h) A member who has resigned or who has been removed or suspended shall be given a 1008
clearance only after paying all his/her or its financial obligations with PhilRES as evidenced 1009
by a “Certification of No Financial Accountability” from the Treasurer; 1010
1011
i) Unpaid Annual Membership Dues shall be charged a ten percent (10%) surcharge for every 1012
year or fraction thereof; 1013
1014
j) A member must pay all past due unpaid membership dues and all past due unpaid fees and 1015
assessments inclusive of surcharges together with the membership dues for the current year 1016
to update his/her or its membership standing with PhilRES; 1017
1018
k) A member who fails to pay his/her or its membership dues for two (2) consecutive years 1019
shall be automatically suspended indefinitely from PhilRES. The indefinite suspension shall 1020
take effect ten (10) calendar days from date of receipt by the member concerned of “Notice 1021
of Suspension of Membership Privileges Due to Non-Payment of Membership Dues”. 1022
1023
Notification by registered mail sent to the concerned member’s registered residential 1024
address on file with PhilRES shall constitute proper notification and receipt of such “Notice 1025
of Suspension of Membership Privileges Due to Non-Payment of Membership Dues”. 1026
1027
The National Committee on Membership shall by resolution recommend among others to the 1028
National Directorate to recommend to the Professional Regulation Commission (PRC) 1029
through the PRBRES the possible suspension of the delinquent member from the practice of 1030
his/her real estate service profession for non-renewal of his/her membership with Phil-RES; 1031
1032
l) A local chapter that fails to remit membership dues on time shall be automatically referred to 1033
the Membership Committee and Chapter Development & Chapter Affairs Committee which 1034
shall in turn conduct due notification and hearing to require the delinquent local chapter 1035
member to “show cause” why the said local chapter should not be suspended together with 1036
its entire membership from PhilRES. 1037
1038
Thereafter, the Membership Committee and Chapter Development & Chapter Affairs 1039
Committee shall jointly make its recommendations to the National Directorate for proper 1040
action and disposition; 1041
1042
m) The amount of Annual Individual Membership Dues and Annual Chapter Dues to be paid by 1043
Individual Members and Local Chapters may be increased by the National Directorate at 1044
anytime subject to the ratification and approval by a simple majority of regular members in 1045
good standing during a special meeting specifically held for that purpose without need to 1046
amend these By-Laws. 1047
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Any increase in Membership Dues shall be subject to final approval by the Professional 1048
Regulation Commission (PRC) upon recommendation by the Professional Regulatory Board 1049
of Real Estate Service (PRBRES) before being implemented. 1050
1051
1052
Section 27. Special Contributions and Assessments 1053 Special contributions and/or assessments necessary to finance a special project or undertaking of 1054
PhilRES may be collected from the members by authority of a resolution duly approved by the 1055
National Directorate and subsequently approved by a simple majority of the general membership 1056
in good standing in a Special General Membership Meeting called for that particular purpose. 1057
1058
All funds for that special project or undertaking shall be kept in a separate bank account 1059
specifically created for the purpose. 1060
1061
1062
1063
ARTICLE VI. 1064
ACCEPTANCE FOR MEMBERSHIP, CHARGING, OATHTAKING 1065
& 1066
BADGING OF ENSIGNS 1067
1068
Section 28. Acceptance for Membership 1069 No New Member shall be accepted as a Member in good standing unless the local chapter 1070
membership circularization requirements had been completely complied with. 1071
1072
1073
Section 29. Charging and Oath Taking of Members 1074 All new members who have completely complied with the membership requirements shall be 1075
officially charged and administered his/her Membership Oath as Member in Good Standing of 1076
PhilRES. 1077
1078
1079
Section 30. Badging of the PhilRES Ensigns/Pin 1080 After the Oath Taking, the accepted member shall be badged with PhilRES’ ensigns/pin either 1081
by the Sponsor(s) or any PhilRES Officer. 1082
1083
1084
1085
ARTICLE VII. 1086
CERTIFICATE of MEMBERSHIP 1087
& 1088
MEMBERSHIP IN GOOD STANDING 1089
1090
Section 31. Issuance of Certificate of Membership in Good Standing 1091 Each member in good standing shall receive a “Certificate of Membership in Good Standing” 1092
issued by PhilRES duly certified to and signed by the Secretary General, Treasurer, Membership 1093
Committee Chairperson and attested by the President upon: 1094
1095
(a) Presentation of proof on the renewal of the professional identification cards; 1096
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(b) Full payment of his/her annual dues not later than the 15th
of March of every year; 1097
1098
(c) Issuance of a “Certification of No Financial Accountability” with PhilRES Treasurer; 1099
1100
(d) Has complied with the minimum residency requirement provisions of this New By Laws 1101
as adopted on 13 July 2011; and 1102
1103
(e) Certification of the Local Chapter that he/she is a member in good standing thereof. 1104
1105
1106
Section 32. Permanent Property of PhilRES 1107 Membership certificates, emblems or other evidences of membership issued at any time to the 1108
member is the permanent property of PhilRES and shall be returned by the individual member 1109
upon termination of his/her membership with PhilRES for any reason after due notice and 1110
hearing except by death. 1111
1112
1113
Section 33. Return of PhilRES Property 1114 Any member who resigns or is expelled shall immediately return his certificate, emblems, pin, 1115
seal and other marks of identity as a member of PhilRES. Failure to return thereof upon demand 1116
made by the President or by the Membership Committee, the National Directorate may 1117
undertake necessary action to prevent the use and recovery the same or may cause notice of the 1118
member’ resignation, suspension or expulsion publicity through newspaper publication or other 1119
media announcements. 1120
1121
1122
Section 34. Content of “Certificate of Membership In Good Standing”. 1123 The Certificate of Membership in Good standing shall state the following information: 1124
1125
a) Name and the Professional License Number of the Member; 1126
b) Members compliance of the Membership in Good Standing requirements; 1127
c) Law and/or regulation as basis of the issuance thereof; 1128
d) The validity of the Certification granted; 1129
e) Receipt number and date when such fees were paid; 1130
f) Authorized signatories; 1131
g) Certificate Control Number; and 1132
h) Seal of the PhilRES. 1133
i) Any other information that the National Directorate may deem fit and proper as declared 1134
in a board resolution for the specific purpose. 1135
1136
1137
1138
ARTICLE VIII. 1139
RECOGNITION PROTOCOL, 1140
MEMBERS RIGHTS, PRIVILEGES, DUTIES AND RESPONSIBILITIES 1141
1142
Section 35. Members’ Rights and Privileges 1143 1. Rights and Privileges of Founding Members 1144
a) Any and all Founding Members present at any meeting or activity of PhilRES shall be 1145
duly acknowledged and given due recognition prior to the acknowledgement and 1146
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Practitioners (PhilRES) Incorporated
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recognition of all other special guests, dignitaries, Officers, Trustees and other members 1147
of PhilRES; 1148
1149
b) Any and all Founding Members present at any meeting or activity of PhilRES shall have 1150
preferential treatment to be seated nearest to the presidential table at all times; 1151
1152
c) There shall be a separate registration folder and/or registration list for all Founding 1153
Members present at any meeting or activity of PhilRES. 1154
1155
1156
2. Rights and Privileges of Charter Members 1157
1158
a) Any and all Charter Members present at any meeting or activity of PhilRES shall be duly 1159
acknowledged and given due recognition after any and all Founding Members present at 1160
any meeting or activity of PhilRES shall have been duly acknowledged and given due 1161
recognition; 1162
1163
b) Charter Members present at any meeting or activity of PhilRES shall be duly 1164
acknowledged and given due recognition prior to the acknowledgement and recognition 1165
of all other members, special guests, dignitaries, Officers, Trustees and other members of 1166
PhilRES; 1167
1168
c) There shall be a separate registration folder and/or registration list for all Charter 1169
Members present at any meeting or activity of PhilRES. 1170
1171
1172
3. Regular Members in Good Standing have the following rights: 1173
1174
a) To participate and to know all activities and affairs of PhilRES; 1175
1176
b) To exercise the right to vote on all matters relating to the affairs of PhilRES (subject to 1177
the provisions of residency requirements as applicable) as required; 1178
1179
c) To enjoy the facilities, benefits and other entitlements of PhilRES attached to the 1180
membership; 1181
1182
d) To be included in the Roster of Real Estate Service Practitioners to be submitted to the 1183
Professional Regulatory Board of the Real Estate Service; 1184
1185
e) To inspect the records or books of PhilRES during business hours; 1186
1187
f) To vote and be voted upon during PhilRES elections subject to the provisions of 1188
residency requirements and other requirements as applicable; 1189
1190
g) To be entitled to any privileges if appropriate, such as but not limited to availing of 1191
discounts during Seminars/Trainings, to receive honorarium if he/she has rendered 1192
services as Resources Speaker/Reviewer and the Secretariat; 1193
1194
h) To be endorsed in schools, colleges and universities to teach subjects that requires the 1195
expertise of licensed Real Estate Service practitioners; and 1196
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i) To be endorsed as Commissioner in Court, nominee to the professional regulatory board, 1197
resident Real Estate Service Practitioner and/or Retainer of Project Developers, and the 1198
like if warranted. 1199
1200
j) To be appointed as members of committees at all levels of the PhilRES; 1201
1202
k) To serve as Chapter delegates to national and local PhilRES conventions, conferences 1203
and , conferences and international conferences and fora; 1204
1205
l) Subscribe to all publications and documents issued by the PhilRES for information, 1206
assistance and guidance of its members; 1207
1208
m) No Membership privilege/s may be withheld, removed, restricted or otherwise denied 1209
any member without the appropriate National Directorate Board Resolution approving 1210
such specific action upon any member. 1211
1212
1213
4. Rights of Members Who Are Not “Members in Good Standing”. 1214
Members who are “not” in good standing shall enjoy only the following rights; 1215
1216
a) To be included in the list of “bona fide” members roll of PhilRES; 1217
1218
b) To continue to receive communications from PhilRES 1219
1220
c) To attend any meeting of PhilRES and attend conferences as a passive observer upon 1221
payment of the appropriate assessments or fees at the same rate paid by members in good 1222
standing, but, the member can not vote, nor be voted upon, receive or give proxy/ies, nor 1223
propound questions, nor be part of the consideration of the quorum, nor make any 1224
motion. 1225
1226
1227
5. Rights of Associate Members Who Are “Members in Good Standing”. 1228
Associate Members in good standing shall enjoy only the following rights; 1229
1230
a) To participate and to know all activities and affairs of PhilRES; 1231
1232
b) To enjoy the facilities, benefits and other entitlements of PhilRES attached to the 1233
membership; 1234
1235
c) To be included in the Roster of Real Estate Service Practitioners to be submitted to the 1236
Professional Regulatory Board of the Real Estate Service; 1237
1238
d) To be entitled to any privileges if appropriate, such as but not limited to availing of 1239
discounts during Seminars/Trainings and any other authorized and/or sanctioned activity 1240
of PhilRES except those which expressly only allows Regular members to participate in; 1241
1242
e) To be appointed as members of committees at all levels of the PhilRES, subject to the 1243
limitations upon such Associate members thereof; 1244
1245
f) To be included in the list of Associate Member nominees; 1246
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g) To serve as Chapter delegates to national and local PhilRES conventions, conferences 1247
and international conferences and fora; 1248
1249
h) Subscribe to all publications and documents issued by the PhilRES for information, 1250
assistance and guidance of its members. 1251
1252
i) To be selected as a non-voting Associate Member nominee representative to the 1253
Associate Members’ Pool of Nominees from which the National Trustees-Elect shall 1254
choose the Associate Member representative to the National Directorate as selected by 1255
the Associate Members in Good Standing of the Local Chapter from among themselves 1256
by secret ballot. 1257
1258
No Membership privilege/s may be withheld, removed, restricted or otherwise denied any 1259
Associate Member without the appropriate National Directorate Board Resolution approving 1260
such specific action upon any member. 1261
1262
1263
6. Associate Members Do Not Have The Following Rights 1264
1265
a) To exercise the right to vote on all matters relating to the affairs of PhilRES except as 1266
expressly allowed and provided herein By Laws; 1267
1268
b) To inspect the records or books of PhilRES during business hours; 1269
1270
c) To vote for Regular Members during PhilRES elections; 1271
1272
d) To be endorsed in schools, colleges and universities to teach subjects; 1273
1274
e) To be endorsed as Commissioner in Court; 1275
1276
f) To be a nominee to the professional regulatory board; 1277
1278
g) To give and receive proxies to and from Regular Members. 1279
1280
1281
Section 36. Inclusion in the Roster of the Real Estate Service Practitioners 1282 All Members In Good Standing shall be included in the Roster of Real Estate Service 1283
Practitioners to be submitted to the Professional Regulatory Board of the Real Estate Service 1284
(PRBRES) as required by Section 22, Article III of R. A. 9646, and its Implementing Rules and 1285
Regulations and/or appropriate government agencies within fifteen (15) days after the end of the 1286
calendar year or such other date required by order or memorandum or resolution of the 1287
Professional Regulation Commission (PRC) to be prepared by the Membership Committee. 1288
1289
1290
Section 37. Duties and Responsibilities of All Members 1291 A member shall have the following duties and responsibilities: 1292
1293
1. To read, comply and abide by the By Laws of PhilRES; 1294
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2. To obey and comply with PhilRES By-Laws, policies and procedures and any rules that 1295
maybe promulgated; 1296
1297
3. To observe compliance to the provisions of the Real Estate Service Act (R. A. 9646), its 1298
Implementing Rules and Regulations and any other existing realty laws that maybe 1299
promulgated by the proper authorities; 1300
1301
5. To attend all required meetings that may be called by the National Directorate and by the 1302
Committee Chairmen; 1303
1304
6. To pay annual membership dues and other fees and assessments of PhilRES on time; 1305
1306
7. To observe and faithfully abide by and comply with the National Code of Ethics and 1307
Responsibilities; 1308
1309
8. To be an active member of the Local Chapter and to the sectoral College of Fellows he 1310
belongs to as applicable; 1311
1312
9. To have the moral obligation to serve as Officer, Director, Committee Chairperson and 1313
Committee Member as applicable; 1314
1315
10. To support all the activities of PhilRES including attendance to organize trainings, 1316
seminars, workshops, forum, conventions and conferences and its advocacy against 1317
pernicious real estate services practices of unlicensed or unauthorized individuals and 1318
juridical persons; 1319
1320
11. To provide free services to PhilRES if called for; 1321
1322
12. To pay the agreed royalty fees to PhilRES on referrals at all times without need for 1323
demand; 1324
1325
13. To observe the approved tariff of professional fees of real estate service; 1326
1327
14. To report immediately any act of wrong doing by any member or staff or employee of 1328
PhilRES that he/she has personal knowledge of or has witnessed; 1329
1330
15. To always act in a generally, morally, legally and socially accepted norms of conduct 1331
and behaviour and must not be a cause for public scandal; and 1332
1333
16. Not to do any act(s) which are in competition and/or, prejudicial and/or inimical to 1334
PhilRES', PhilRES' officers, trustees, staff and/or employees, any of PhilRES' plans 1335
programs, undertakings and/or public image and/or reputation. 1336
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ARTICLE IX. 1337
NATIONAL BOARD OF TRUSTEES 1338
(National Directorate) 1339
1340
Section 38. General Management and Governing Policy Making Body 1341 The general management and governing policy making body of PhilRES shall be vested in a 1342
National Board of Trustees which shall be known collectively as the National Directorate 1343
composed of Twenty-One (21) Trustees who shall be elected annually by all Regular Members 1344
in Good Standing who shall serve and perform their duties and responsibilities from January 01 1345
until December 31 of every year until the qualification and election of their successors. 1346
1347
The Chairman of the National Directorate shall preside over proceedings at all regular and 1348
special meetings of the National Directorate except at Special General Membership Meetings 1349
and the Annual General Membership Meeting and Elections where the President shall preside. 1350
1351
The National Directorate shall retain the services of a legal counsel whose services are necessary 1352
to assist and help PhilRES in the implementation/administration of its official duties and 1353
functions and will be officially designated as the Board Legal Counsel. 1354
1355
1356
Section 39. Quorum 1357 The National Directorate acts only as a collective body and no power is vested in any individual 1358
Trustee as such. 1359
1360
The presence of at least Twelve (12) members of the National Directorate shall be necessary at 1361
all regular and special meetings of the National Directorate to constitute a quorum for the 1362
transaction of any business, and simple majority (50% plus 1) of the quorum duly assembled as 1363
a National Directorate shall be valid as a corporate act. 1364
1365
The Chairman of the National Directorate shall preside at all meetings of the National 1366
Directorate of PhilRES except at Special General Membership Meetings and Annual General 1367
Membership Meeting and Elections where the President of PhilRES shall preside. 1368
1369
In the absence of the duly elected Chairman of the National Directorate during any meeting the 1370
Vice-Chairman shall preside thereof. 1371
1372
In the absence of the Chairman and the Vice-Chairman of the National Directorate during any 1373
meeting where there exists a quorum, the Trustees constituting such a quorum shall appoint a 1374
temporary presiding Trustee for such particular meeting. 1375
1376
The presiding Trustee only votes in order to break a deadlock or tie in National Directorate 1377
voting or in any meeting wherein a division of the house results in a tie. 1378
1379
1380
Section 40. Regular and Special Meetings of the National Directorate 1381 The National Directorate shall hold Regular Meetings at least once a month, at such particular 1382
hour or place as the National Directorate may set. 1383
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Special Meetings of the National Directorate may be called by the Chairman of the National 1384
Directorate or President at his discretion or by written request by Twelve (12) members of the 1385
National Directorate. 1386
1387
1388
Section 41. Notice of Meeting 1389 Notices of Regular Meetings of the National Directorate or Special Meetings of the National 1390
Directorate shall be mailed, e-mailed, faxed or sent by special courier or messengerial service or 1391
any other verifiable means of communication by the Secretary General at least four (4) days 1392
before the date fixed for the meeting. 1393
1394
1395
Section 42. Waiver of Notice of Meeting 1396 Notices of Regular Meetings or Special Meetings of the National Directorate may be waived 1397
only in formal writing provided that those National Trustees waiving such notice of meeting are 1398
part of a valid quorum of such meeting and/or are those National Trustees requesting for such 1399
Special Meeting of the National Directorate or Emergency Meeting of the National Directorate. 1400
1401
1402
Section 43. Regular Attendance in National Directorate Meetings 1403 Officers and Trustees are mandated to attend all National Directorate Meetings. 1404
1405
Unauthorized absence from three (3) regular meetings, consecutive or otherwise shall be 1406
considered as constructive resignation on the part of the absentee Officer or Trustee unless prior 1407
notice of a reasonable cause for such absence is received by the Secretary General at least three 1408
(3) calendar days before such scheduled regular meeting of the National Directorate. 1409
1410
1411
Section 44. Rules of Order 1412 Robert’s Rules of Order, latest edition, shall be recognized as the authority and guide governing 1413
the parliamentary proceedings of the meetings of PhilRES as well as those of its committees, 1414
provided that the same is not in conflict with any provision of these By-Laws. 1415
1416
1417
1418
ARTICLE X. 1419
NATIONAL OFFICERS & NATIONAL TRUSTEES 1420
1421
Section 45. General 1422 The Members of the National Directorate of PhilRES shall perform and function in their duties 1423
and responsibilities as any regularly Members of the National Directorate would normally 1424
operate as permitted under the Corporation Code of the Philippines. 1425
1426
The regularly elected Members of the National Directorate of Phi1RES shall occupy and 1427
perform their duties and responsibilities from January 01 until December 31 of every calendar 1428
year unless expressly provided for in this By-Laws. 1429
1430
These National Directorate and Officers of PhilRES shall perform their duties and 1431
responsibilities customary to the offices unless otherwise specifically specified in these By-1432
Laws. 1433
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Practitioners (PhilRES) Incorporated
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These National Directorate shall occupy and shall continue to perform and act on matters 1434
customary to their office which are consistent with the Corporation Code of the Philippines, 1435
unless expressly provided for in these By-Laws. 1436
1437
A Manual of Operations will be drawn-up by the National Directorate and approved by a simple 1438
majority of all members in good standing. 1439
1440
1441
Section 46. Chairman of the National Directorate 1442 The Chairman of the National Directorate who shall be a Trustee, shall preside at all meetings of 1443
the National Directorate of PhilRES except at (1) Special Membership Meetings and Elections, 1444
and (2) Annual General Membership Meeting and Elections where the President shall preside. 1445
1446
The Chairman of the National Directorate only votes in order to break a deadlock or tie in 1447
National Directorate voting or in cases wherein a division of the house results in a tie. 1448
1449
1450
Section 47. Vice Chairman of the Board 1451 The Vice Chairman of the National Directorate, who shall be a Trustee, shall perform all duties 1452
as customary to his office. He shall: 1453
1454
a) shall preside at all meetings of the National Directorate of PhilRES whenever the 1455
Chairman of the National Directorate shall be unable to preside at any and all meetings 1456
of the National Directorate; 1457
1458
b) represent PhilRES and act in its name subject when so specifically ordered to do so or 1459
assigned to him by the National Directorate; 1460
1461
c) do and perform any and all other duties, functions and responsibilities assigned to 1462
him/her by the National Directorate. 1463
1464
1465
Section 48. President 1466 The President, who shall be a Trustee, shall perform all duties as customary to his office. He 1467
shall: 1468
1469
a) be the Chief Executive Officer of PhilRES; 1470
1471
b) preside at all Special Membership Meetings and at the Annual General Membership 1472
Meeting and Elections; 1473
1474
c) represent PhilRES in all internal and external functions and act in its name subject to the 1475
declared policies of the National Directorate and the provisions of these By-Laws; 1476
1477
d) countersign all checks for disbursements of funds of PhilRES; 1478
1479
e) submit an annual report to the members; 1480
1481
f) shall be an ex-oficio member of all committees. 1482
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Section 49. Executive Vice President 1483 The Executive Vice President, who shall be a Trustee, shall perform all duties as customary to 1484
his office. He shall: 1485
1486
a) assist the President of PhilRES in all matters; 1487
1488
b) take-over the duties and responsibilities in the temporary absence of the President; 1489
1490
c) represent PhilRES and act in its name subject to the declared policies of the National 1491
Directorate and the provisions of these By-Laws in the temporary absence of the 1492
President; 1493
1494
The Executive Vice President shall have the powers, authorities, duties, functions and 1495
responsibilities assigned and duties the President or National Directorate may from time to time 1496
assign to him. 1497
1498
1499
Section 50. Vice President for Consultants 1500 There shall be a Vice President for Consultants who shall he a Trustee, and shall perform all 1501
duties as customary to his office. In addition he/she shall: 1502
1503
a) Be responsible for the compliance of the discipline’s requirement that may be later on 1504
implemented upon the direction of the Professional Regulatory Board for Real Estate 1505
Service (PRBRES); 1506
1507
b) Update the membership committee on information needed within the rank; 1508
1509
c) Be the National focal person of the licensed Real Estate Consultants. 1510
1511
The Vice President for Consultants shall have the powers, authorities, duties, functions and 1512
responsibilities assigned and duties the National President or National Directorate may from 1513
time to time assign to him. 1514
1515
1516
Section 51. Vice President for Appraisers 1517 There shall be a Vice President for Appraisers who shall be a Trustee, and shall perform all 1518
duties as customary to his office. In addition he/she shall: 1519
1520
a) Be responsible for the compliance of the discipline’s requirement that may be later on 1521
implemented upon the direction of the Professional Regulatory Board for Real Estate 1522
Service (PRBRES); 1523
1524
b) Update the membership committee on information needed within the rank; 1525
1526
c) Be the National focal person of the licensed Real Estate Appraisers. 1527
1528
The Vice President for Appraisers shall have the powers, authorities, duties, functions and 1529
responsibilities the President or the National Directorate may from time to time assign to him. 1530
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Section 52. Vice President for Brokers 1531 There shall be a Vice President for Brokers who shall be a Trustee, and shall perform all duties 1532
as customary to his office. In addition he/she shall: 1533
1534
a) Be responsible for the compliance of the discipline’s requirement that may be later on 1535
implemented upon the direction of the Professional Regulatory Board for Real Estate 1536
Service (PRBRES); 1537
1538
b) Update the membership committee on information needed within the rank; 1539
1540
c) Be the National focal person of the licensed Real Estate Brokers. 1541
1542
The Vice President for Brokers shall have the powers, authorities, duties, functions and 1543
responsibilities the President or the National Directorate may from time to time assign to him. 1544
1545
1546
Section 53. Vice President for Government Assessors 1547 There shall be a Vice President for Government Assessors who shall be a Trustee, and shall 1548
perform all duties as customary to his office. In addition he/she shall: 1549
1550
a) Be responsible for the compliance of the discipline’s requirement that may be later on 1551
implemented upon the direction of the Professional Regulatory Board for Real Estate 1552
Service (PRBRES); 1553
1554
b) Update the membership committee on information needed within the rank; 1555
1556
c) Be the focal person of the licensed Real Estate Assessors. 1557
1558
The Vice President for Government Assessors shall have the powers, authorities, duties, 1559
functions and responsibilities the President or the National Directorate may from time to time 1560
assign to him. 1561
1562
1563
Section 54. Vice President for Government Appraisers 1564 There shall be a Vice President for Government Appraisers who shall be a Trustee, and shall 1565
perform all duties as customary to his office. In addition he/she shall: 1566
1567
a) Be responsible for the compliance of the discipline’s requirement that may be later on 1568
implemented upon the direction of the Professional Regulatory Board for Real Estate 1569
Service (PRBRES); 1570
1571
b) Update the membership committee on information needed within the rank; 1572
1573
c) Be the National focal person of the licensed Government Real Estate Appraisers. 1574
1575
The Vice President for Government Appraisers shall have the powers, authorities, duties, 1576
functions and responsibilities the National President or the National Directorate may from time 1577
to time assign to him. 1578
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Section 55. Vice President for Treasury 1579 There shall be a Vice President for Treasury who shall be a Trustee, and who shall perform all 1580
duties as customary to his office. He shall: 1581
1582
a) Be the Treasurer and have custody of and be responsible for the funds, securities and 1583
bonds of PhilRES, and keep a complete and accurate record of receipts and 1584
disbursements of PhilRES, and other commercial transactions in the corresponding 1585
books of account of PhilRES and see to it that all disbursements and expenditures are 1586
evidenced by appropriate vouchers; 1587
1588
b) Deposit in the name and to the credit of Phi1RES in such bank or banks as may be 1589
designated from time to time by the National Directorate, all the money, funds, 1590
securities, bonds, negotiable instruments, bank drafts and similar valuable effects 1591
belonging to PhilRES which may come under his control; 1592
1593
c) Render a monthly and an annual report showing the financial condition of PhilRES. He 1594
shall render an annual report after the end of each calendar year and such other financial 1595
reports as the National Directorate or the President may from time to time require; 1596
1597
d) Receive and give receipts for all moneys or properties paid or donated to PhilRES from 1598
any source whatsoever, and generally to perform such other duties as may he required by 1599
law or prescribed by the National Directorate. 1600
1601
e) The Treasurer may delegate as may be necessary the routine duties of his office to one or 1602
more employees or officer or Trustee of PhilRES upon the approval of the National 1603
Directorate. 1604
1605
f. The Treasurer shall have the powers, authorities and perform such other duties as the 1606
National Directorate may from time to time assign to him. 1607
1608
g. The Treasurer shall jointly with the Secretary General submit a certified list of Members 1609
in Good Standing to the Comelec prior to the holding of any elections. 1610
1611
The Vice President & Treasurer shall have the powers, authorities, duties, functions and 1612
responsibilities the National Directorate may from time to time assign to him. 1613
1614
1615
Section 56. Vice President for Membership 1616 There shall be a Vice President for Membership who shall be a Trustee, and shall perform all 1617
duties as customary to his office. In addition he/she shall: 1618
1619
a) Be the Presiding Officer of the Membership Committee; 1620
1621
b) Update the National Directorate on the membership status; 1622
1623
c) Organize, monitor and coordinate with the Vice President for Chapter Development & 1624
Chapter Affairs nationwide. 1625
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The Vice President for Membership shall have the powers, authorities, duties, functions and 1626
responsibilities the President or the National Directorate may from time to time assign to 1627
him/her. 1628
1629
1630
Section 57. Vice President for Chapter Development 1631
& Chapter Affairs 1632 There shall be a Vice President for Chapter Development & Chapter Affairs who shall be a 1633
Trustee, and shall perform all duties as customary to his office. In addition he/she shall: 1634
1635
a) Be the Presiding Officer of the Chapter Development & Chapter Affairs Committee; 1636
1637
b) Update the National Directorate on the status of chapter organizations & chapter affairs; 1638
1639
d) Organize, monitor and coordinate with the Vice President for Membership on the 1640
developments and status of Local Chapters nationwide; 1641
1642
e) Coordinate with the respective Regional Vice Presidents on the status of chapter 1643
organization, chapter affairs and their respective plans and programs with those of 1644
PhilRES-National. 1645
1646
The Vice President for Chapter Development & Chapter Affairs shall have the powers, 1647
authorities, duties, functions and responsibilities the President or the National Directorate may 1648
from time to time assign to him/her. 1649
1650
1651
Section 58. Regional Vice-Presidents 1652 There shall be six (6) Regional Vice-Presidents who shall be all Trustees and who shall be 1653
elected from the Local Chapter Past Presidents who are Members in Good Standing of the Local 1654
Chapter of the following the regional area jurisdictions NCR1, NCR2, North Luzon, South 1655
Luzon, Visayas, and Mindanao. 1656
1657
The Regional Vice President’s function is to coordinate their Region’s activities, plans and 1658
programs and other matters with the PhilRES-National thru the Vice President for Chapter 1659
Development & Chapter Affairs. 1660
1661
The Regional Vice-Presidents shall have the powers, authorities, duties, functions and 1662
responsibilities the National Directorate may from time to time assign to them. 1663
1664
1665
Section 59. Vice President for Administration 1666 There shall be a Vice President for Administration who shall be a Trustee and who shall perform 1667
all duties as customary to his office. In addition he/she shall: 1668
1669
a) Be under the over-all operational and management supervision of the Secretary General 1670
in running the National Secretariat Office; 1671
1672
b) Responsible for the Administrative organization of the association and the hiring of the 1673
employees and staff; 1674
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c) Responsible for the records and inventory on assets of the association that are deposited 1675
in PhilRES Office; 1676
1677
d) Approves the use of the PhilRES facilities. 1678
1679
The Vice President for Administration shall have the powers, authorities, duties, functions and 1680
responsibilities the President or the National Directorate may from time to time assign to 1681
him/her. 1682
1683
1684
Section 60. Secretary General 1685 There shall be a Secretary General who shall be a Trustee, and shall perform all duties as 1686
customary to the Office of the Secretary General. 1687
1688
The Secretary General shall: 1689
a) prepare, record and keep full minutes of all meetings of the National Directorate and of 1690
the members; 1691
1692
b) give, or cause to be given, all notices required by the law or by the By-Laws of PhilRES 1693
as well as notices of all meetings of the National Directorate and of the members; 1694
1695
c) perform such other duties as may be prescribed by the National Directorate or the 1696
President; 1697
1698
d) have supervision over PhilRES' National Secretariat Office and other duties usual to such 1699
office; 1700
1701
e) keep and safeguard all records of PhilRES within the National Secretariat Office 1702
confines at all times or at any other location or place as duly approved by the National 1703
Directorate; 1704
1705
f) certify as to the membership status and eligibility of all members as duly noted by the 1706
President. However, no Secretary General performing as such only in an “Acting” 1707
capacity or Assistant Secretary General may issue eligibility or membership status of any 1708
member or members; 1709
1710
The Secretary General shall jointly with the Treasurer and the Vice President for 1711
Membership submit a certified list of Members in Good Standing to the Comelec prior to 1712
the holding of any elections. 1713
1714
g) furnish all new members a faithful reproduction of the By-Laws of PhilRES prior to their 1715
formal induction as members into PhilRES; 1716
1717
h) certify as to the presence of a quorum in all national meetings of PhilRES. 1718
1719
The Secretary General shall have the powers, authorities, duties, functions and responsibilities 1720
the President or National Directorate may from time to time assign to him. 1721
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Section 61. Vice President for Academe 1722 There shall be a Vice President for Academe who shall perform all duties as customary to his 1723
office. In addition he/she shall: 1724
1725
a. Be the Presiding Officer of the Curriculum Development and Coordinating Committee; 1726
1727
b. Update the National Directorate on the status of Curriculum Development and 1728
Coordinating Committee in cooperation with the Commission on Higher Education 1729
(CHED); 1730
1731
c. Prescribe and/or propose guidelines and criteria for the Continuing Professional 1732
Education (CPE) program for real estate service practitioners in consultation with the 1733
Professional Regulatory Board of Real Estate Service (PRBRES) after the approval of 1734
PhilRES National Directorate; 1735
1736
The Vice President for Academe shall have the powers, authorities, duties, functions and 1737
responsibilities the President or the National Directorate may from time to time assign to 1738
him/her. 1739
1740
1741
Section 62. Vice-President for Public Information and External Affairs 1742 There shall be a Vice-President for Public Information Officer who shall have the powers, 1743
authorities, duties, functions and responsibilities the President or the National Directorate may 1744
from time to time assign to him/her. 1745
1746
1747
Section 63. Vice President for Finance and Investments 1748 There shall be a Vice President for Finance and Investments who shall perform all duties as 1749
customary to his office. In addition he/she shall: 1750
1751
a) Responsible for the budgetary preparations and requirements of the association during 1752
its calendar year; 1753
1754
b) Prepares Financial Reports for the National Directorate consumption, during Annual 1755
General Membership Meetings and submission of the said report to the BIR, SEC and 1756
appropriate regulatory agencies; 1757
1758
c) Shall coordinate with the Internal Auditor and the External Auditor. 1759
1760
The Vice President for Finance and Investments shall have the powers, authorities, duties, 1761
functions and responsibilities the President or the National Directorate may from time to time 1762
assign to him/her. 1763
1764
1765
Section 64. Vice President for Internal Audit 1766 There shall be a Vice President for Internal Audit who shall be a Trustee and who performs all 1767
duties as customary to his office. 1768
1769
The Vice President for Internal Audit shall be the Chairperson of the Internal Audit Team and 1770
must be a Certified Public Accountant (CPA). 1771
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The Vice President for Internal Audit shall have the powers, authorities, duties, functions and 1772
responsibilities the President or the National Directorate may from time to time assign to 1773
him/her. 1774
1775
1776
Section 65. Vice-President for International Affairs & Affiliations 1777 There shall be a Vice President for International Affairs & Affiliations who shall perform all 1778
duties as customary to the office. 1779
1780
The Vice President for International Affairs & Affiliations shall have the powers, authorities, 1781
duties, functions and responsibilities the President or the National Directorate may from time to 1782
time assign to him/her. 1783
1784
1785
Section 66. Assistant Secretary General 1786 There shall be a Vice President who shall assume the powers and responsibilities of the office of 1787
the Assistant Secretary General upon formal notice to do so by the Secretary General or upon 1788
lawful order of the National Directorate and perform all duties as customary to the Office of the 1789
Assistant Secretary General. 1790
1791
The Assistant Secretary General shall have the powers, authorities, duties, functions and 1792
responsibilities the President or National Directorate may from time to time assign to him/her. 1793
1794
1795
Section 67. Vice President & Assistant Treasurer 1796 There shall be a Vice President & Assistant Treasurer who performs all duties as customary to 1797
his office. 1798
1799
The Vice President & Assistant Treasurer shall have the powers, authorities, duties, functions 1800
and responsibilities the National Directorate may from time to time assign to him/her. 1801
1802
1803
Section 68. Vacancies in and Delegation of Officers 1804 The corporate modes of succession as specified in the Corporation Code of the Philippines as 1805
amended shall be followed unless otherwise specifically specified in these By-Laws. 1806
1807
Should the office of any of the National Trustees becomes vacant, except by recall, 1808
impeachment or end of term of office, by death, resignation or permanent incapacity of the 1809
incumbent, the remaining National Trustees, if still constituting a quorum may by majority vote 1810
choose a successor or successors who shall hold office for the unexpired term of the vacant 1811
office. 1812
1813
In case of the temporary absence of any officer of PhilRES, or for any other reason, the National 1814
Directorate may delegate the powers and duties of such officer to any other officer or to any 1815
National Trustee for the time being, provided a majority of the National Directorate concur 1816
therein and such delegation is not contrary to any provision of these By-Laws. 1817
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ARTICLE XI. 1818
NATIONAL MEETINGS 1819
1820
Section 69. Who May Participate 1821 a) All Members may attend Regular General Membership Meetings and Special General 1822
Membership Meetings provided that these Members pay the assessment fees charged for the 1823
meetings. 1824
1825
b) Only Regular Members in Good Standing with PhilRES shall have the right to give and 1826
receive proxies, vote and be voted upon in all meetings and elections. 1827
1828
c) Only Regular Members in Good Standing may make motions, clarifications, second any 1829
motion, approve, disapprove or object to any motions in any discussion, debate in all 1830
meetings and elections or division of the house. 1831
1832
1833
Section 70. Place 1834
All meetings of the members shall be regularly held at the principal office of PhilRES, unless 1835
written notice of such meetings should set another place. 1836
1837
1838
Section 71. Proxy 1839 1. Proxies shall be in writing and in the form as prescribed by the National Directorate and 1840
may be given only by Regular Members in Good Standing to other Regular Members in 1841
Good Standing who will physically attend any duly scheduled Regular or Special 1842
Meeting. 1843
1844
2. Proxies shall only be used together with all physically present Regular Members in Good 1845
Standing during any regular meeting, special meeting or elections to determine the 1846
presence of quorum. 1847
1848
3. Only Regular Members in Good Standing who are physically present at all meetings 1849
and/or elections may vote. 1850
1851
4. Only Regular Members in Good Standing who are physically present at all meetings 1852
and/or elections who have been nominated and qualified by their Local Chapter to be 1853
included in the Local Chapter Roster of Qualified and Eligible Candidates for 1854
submission to and qualification and approval by the Comelec to be included in the 1855
National Roster of Qualified and Eligible Candidates to the National Elections may be 1856
voted upon. 1857
1858
1859
Section 72. Quorum 1860 No general members' meeting shall be competent to decide any matter or transact any business 1861
unless a quorum of all the members in good standing and represented thereat by proxies are 1862
present. 1863
1864
Proxies shall only be used together with all physically present Regular Members in Good 1865
Standing during any regular meeting, special meeting or elections to determine the presence of a 1866
quorum. 1867
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Section 73. Annual Meeting 1868 The Annual National General Membership Meeting and Elections of PhilRES shall be held 1869
every 18th
day of the month of November of each calendar year and notices of Annual General 1870
Membership Meeting and Elections shall be sent out to all Members in Good Standing of 1871
PhilRES at least fifteen (15) calendar days prior to such meeting. 1872
1873
Notices of all other Regular National General Membership Meeting and Elections or Special 1874
General Membership Meetings and Elections shall be mailed, e-mailed, faxed or sent by special 1875
courier or messengerial service by the Secretary General at least ten calendar (10) days before 1876
the date set for the meeting. 1877
1878
Waiver of Notice of Meeting for Regular National General Membership Meeting and Elections 1879
or Special General Membership Meetings and Elections shall not be allowed. 1880
1881
1882
Section 74. Special Meetings 1883 Special General Membership Meetings may be called by the Chairman of the National 1884
Directorate and/or by the President at his discretion, or upon written request of twelve (12) 1885
National Trustees. 1886
1887
A written notice stating the date, time and place of meeting and the general nature of the 1888
business to be transacted shall be sent to each member at least four (4) days before the date of 1889
such special meeting. 1890
1891
Waiver of Notice of Special General Membership Meeting shall not be allowed. 1892
1893
1894
Section 75. Order of Business 1895 The order of business at any Regular National Annual General Membership Meeting and 1896
Elections or Special General Membership Meeting shall be as follows: 1897
1898
I. Proof of service of the required notice of the Annual General Membership Meeting, 1899
except when waived by the members constituting the quorum; 1900
1901
II. Proof of the presence of a Quorum; 1902
1903
III. Approval of the following agenda: 1904
a) Reading and approval of the minutes of the previous annual meeting, except 1905
when such reading is dispensed with by a majority votes of those presence; 1906
b) Discussion of Unfinished business; 1907
c) Treasurer’s Financial Report; 1908
d) Report of the President; 1909
e) Election of the Members of the National Directorate; and 1910
f) Other Matters. 1911
1912
IV. Adjournment. 1913
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Section 76. Minutes 1914 Minutes of all meetings of the members shall be kept and carefully preserved as a record of the 1915
business transacted at such meetings by the Secretary General. The minutes shall contain such 1916
entries as may be required by law. 1917
1918
1919
1920
ARTICLE XII. 1921
EXECUTIVE COMMITTEE & MANAGEMENT COMMITTEE 1922
1923
Section 77. Powers of the Executive Committee 1924 Subject at all times to the direction and control of the National Directorate, the Executive 1925
Committee shall have and may exercise the power to meet and decide on all matters relating to 1926
the management of the affairs and business of PhilRES of utmost importance and urgency when 1927
the whole National Directorate is not in a position to meet, except on matters specifically 1928
restricted under the Corporation Code of the Philippines. 1929
1930
The presence of the majority including the President shall constitute a quorum in all meetings of 1931
the Executive Committee. However, any and all actions of the Executive Committee shall be 1932
decided by a majority vote of all its members and that the same shall be reported for ratification 1933
by the National Directorate during the National Directorate next meeting. 1934
1935
The Executive Committee (Execom) shall be composed of following: 1936
1937
a. Chairman of the Board, 1938
b. Vice Chairman of the Board, 1939
c. President, 1940
d. Executive Vice President, 1941
e. Secretary General, 1942
f. Treasurer, 1943
g. Vice President for Consultants, 1944
h. Vice President for Appraisers, 1945
i. Vice President for Brokers, 1946
j. Vice President Government Assessors, 1947
k. Vice President for Appraisers, 1948
l. Vice President for Membership, 1949
m. Vice President for Chapter Development & Chapter Affairs, 1950
n. Vice President for Administration. 1951
o. Vice President for Internal Audit, 1952
p. Vice President for Academe, 1953
q. Vice-President for Public Information and External Affairs, 1954
r. Vice President for International Affairs & Affiliations, 1955
s. Vice President & Assistant Secretary General, and 1956
t. Vice President & Assistant Treasurer. 1957
1958
The existence of a quorum shall be necessary to conduct the regular business of the Executive 1959
Committee to be valid. 1960
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Section 78. Management Committee 1961 1. The Management Committee (Mancom) is composed of the following: 1962
1963
a. President, 1964
b. Executive Vice President, 1965
c. Secretary General, 1966
d. Vice President for Administration; and 1967
d. Treasurer. 1968
1969
1970
2. The Management Committee shall aid in the day to day operations of the organization. lt 1971
evaluates the performances of the PhilRES personnel periodically as may be necessary 1972
and endorses recommendations of such evaluations to the National Directorate for proper 1973
actions. 1974
1975
The presence of a quorum shall be necessary to conduct the regular business of the Management 1976
Committee to be valid. 1977
1978
1979
1980
ARTICLE XIII. 1981
NATIONAL ADMINISTRATION OFFICE 1982
(PhilRES-National) 1983
1984
Section 79. National Office and Local Chapter Administration 1985 1. The National Directorate shall establish and adopt the administrative structure of 1986
PhilRES-National and its Local Chapters to be known hereinafter as “The Administrative 1987
Structure of Local Chapters of PhilRES”, policies and procedures for the effective and 1988
efficient management of the day to day operations of PhilRES in accordance with the 1989
provisions of these By-Laws. 1990
1991
2. “The Administrative Structure of Local Chapters of PhilRES” shall be composed of the 1992
provinces, first class municipalities and cities that make up the SIX (6) Regional Area 1993
Jurisdictions. 1994
1995
The six (6) Regional Area Jurisdictions are composed of National Capital Region 1 1996
(NCR1), National Capital Region 2 (NCR2), North Luzon, South Luzon, Visayas and 1997
Mindanao. 1998
1999
3. The rank and file administrative, operating and service personnel of the National 2000
Administration Office (PhilRES-National) shall function under the direct supervision of 2001
the Management Committee through the Office of the Secretary General and the Vice 2002
President for Administration. 2003
2004
PhilRES-National shall always be composed of regular, qualified and career employees 2005
who are non-Regular and/or non-Associate Members of PhilRES. 2006
2007
The Local Chapter Secretariat offices’ rank and file administrative, operating and service 2008
personnel of PhilRES shall likewise be always composed of regular, qualified and career 2009
employees who are non-Regular and/or non-Associate Members of PhilRES. 2010
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Section 80. NCR1 Regional Area Jurisdiction 2011 The NCR1 Regional Area Jurisdiction shall be composed of the following cities and 2012
municipalities: 2013
2014
1. City of Valenzuela; 2015
2. City of Navotas; 2016
3. City of Malabon; 2017
4. Kalookan City; 2018
5. Quezon City; 2019
6. City of Marikina; 2020
7. City of San Juan; 2021
8. City of Mandaluyong; 2022
9. Municipality of Rodriguez; 2023
10. Municipality of San Mateo. 2024
2025
2026
Section 81. NCR2 Regional Area Jurisdiction 2027 The NCR2 Regional Area Jurisdiction shall be composed of the following cities and 2028
municipalities: 2029
2030
1. City of Manila; 2031
2. Pasay City. 2032
3. City of Makati; 2033
4. City of Las Pinas; 2034
5. City of Paranaque; 2035
6. Municipality of Taguig City; 2036
7. City of Muntinglupa; 2037
8. City of Pasig; 2038
9. Cainta City; 2039
10. Municipality of Pateros; 2040
11. Municipality of Taguig. 2041
2042
2043
Section 82. North Luzon Regional Area Jurisdiction 2044 The North Luzon Regional Area Jurisdiction shall be composed of the provinces, first class 2045
municipalities and cities that make up the political and geographic jurisdictions of: 2046
2047
Region 01 Ilocos Region; 2048
Region 02 Cagayan Valley; 2049
Region 03 Central Luzon; 2050
Region 14 Cordillera Administrative Region. 2051
2052
2053
Section 83. South Luzon Regional Area Jurisdiction 2054 The South Luzon Regional Area Jurisdiction shall be composed of the provinces, first class 2055
municipalities and cities that make up the political and geographic jurisdictions of: 2056
2057
Region 04a Calabarzon; 2058
Region 04b Mimaropa; 2059
Region 05 Bicol Region. 2060
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Section 84. Visayas Regional Area Jurisdiction 2061 The Visayas Regional Area Jurisdiction shall be composed of the provinces, first class 2062
municipalities and cities that make up the political and geographic jurisdictions of: 2063
2064
Region 06 Western Visayas; 2065
Region 07 Central Visayas. 2066
2067
2068
Section 85. Mindanao Regional Area Jurisdiction 2069 The Mindanao Regional Area Jurisdiction shall be composed of the provinces, first class 2070
municipalities and cities that make up the political and geographic jurisdictions of: 2071
2072
Region 09 Zamboanga Peninsula; 2073
Region 10 Northern Mindanao; 2074
Region 11 Davao Region; 2075
Region 12 Soccsksargen; 2076
Region 13 Caraga; 2077
Region 15 Autonomous Region In Muslim Mindanao. 2078
2079
2080
2081
ARTICLE XIV. 2082
ELECTIONS 2083
& 2084
ELECTION of NATIONAL OFFICERS and NATIONAL TRUSTEES 2085
2086
Section 86. Eligible Nominees 2087 1. Only Past National Presidents of PhilRES who are Members in Good Standing shall be 2088
eligible to be selected for inclusion into the Local Chapter Roster of Qualified and 2089
Eligible Candidates that shall be submitted to the Comelec for qualification and approval 2090
by the Comelec to be qualified and included into the National Roster of Qualified and 2091
Eligible Candidates for election into the position of Chairman and Vice Chairman of the 2092
National Directorate of PhilRES. 2093
2094
2095
2. Only Local Chapter Past Presidents of PhilRES who are Members in Good Standing, are 2096
eligible to be selected and included to the Local Chapter Roster of Qualified and Eligible 2097
Candidates that shall be submitted to the Comelec for qualification and approval by the 2098
Comelec to be qualified and included into the National Roster of Qualified and Eligible 2099
Candidates for election into the position of President, Executive Vice President, and 2100
Regional Vice Presidents of the National Directorate, unless otherwise provided for in 2101
these PhilRES By-Laws. 2102
2103
2104
3. All Members in Good Standing of Local Chapters are automatically eligible to be 2105
selected and included in the Local Chapter Roster of Qualified and Eligible Candidate 2106
official nominee representatives, unless otherwise provided for in these PhilRES By-2107
Laws. 2108
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Each Local Chapter shall select their official nominee representatives for inclusion into 2109
the Local Chapter Roster of Qualified and Eligible Candidates by secret ballot from the 2110
Local Chapter Members in Good Standing. 2111
2112
Only one (1) eligible Local Chapter Member receiving the highest number of votes cast 2113
by secret ballot of all the Local Chapter members in good standing for each of the 2114
following national elective positions: 2115
2116
1. Chairman of the Board of the National Directorate; 2117
2. Vice-Chairman of the Board of the National Directorate; 2118
3. President; 2119
4. Executive Vice-President; 2120
5. Vice President for Consultants; 2121
6. Vice President for Appraiser; 2122
7. Vice President for Brokers; 2123
8. Vice President for Government Assessors; 2124
9. Vice President for Government Appraisers; 2125
10. Vice President for Treasury; 2126
11. Vice President for Membership; 2127
12. Vice President for Chapter Development & Chapter Affairs; 2128
13. Vice President for Administration; 2129
14. Vice President for Internal Audit; 2130
15. Regional Vice-President; 2131
16. Secretary General; 2132
2133
shall be the Local Chapter’s representative nominee to be officially endorsed to the 2134
Comelec for inclusion into the National Roster of Qualified and Eligible Candidates to 2135
the National Elections for election into the National Directorate except otherwise 2136
provided for in these By-Laws. 2137
2138
2139
4. The non-availability of any eligible nominee representative in any of the categories does 2140
grant additional nominees to the Local Chapter in the other categories. 2141
2142
2143
5. A member may be nominated into more than one elective position provided that the 2144
member possesses the required qualifications to be nominated and elected into such 2145
elective position. 2146
2147
2148
6. A non-voting Associate Member nominee representative to Associate Members’ Pool of 2149
Nominees from which the National Board of Trustees-Elect shall choose the Associate 2150
Member representative to the National Directorate shall be selected by the Associate 2151
Members in Good Standing of the Local Chapter from among themselves by secret 2152
ballot. 2153
2154
The Associate Member garnering the highest number of votes cast by secret ballot by the 2155
Associate Members in Good Standing shall be the Local Chapter’s Associate Member 2156
nominee representative to Associate Members’ Pool of Nominees. 2157
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Section 87. Election of the National Directorate 2158 1. The Election of the National Directorate shall precede the elections for officers and 2159
trustees of the Local Chapters. 2160
2161
2162
2. No member who has already been elected or appointed in any national position may be 2163
concurrently elected or appointed in any Local Chapter. 2164
2165
2166
3. Elections for Local Chapters shall be held not earlier than fifteen (15) days after the 2167
election of the National Directorate and Officers of PhilRES and shall be conducted by 2168
the Local Chapter Comelec within their respective territorial jurisdictions. 2169
2170
2171
4. Election of the National Directorate shall consist of Twenty-One (21) National Trustees 2172
who shall be elected every year and who shall serve and function in their respective 2173
offices for the particular position they were elected into for one (1) year until their 2174
successors have been duly qualified and elected into office. 2175
2176
The National Directorate shall serve from January 01 of every year until December 31 2177
of the same year unless otherwise specifically provided for in the By Laws. 2178
2179
2180
5. The National Directorate shall be elected annually every 18th
of November by plurality 2181
vote by all Members in Good Standing as qualified by the Comelec during the Annual 2182
General Membership Meeting and Elections from the National Roster of Qualified and 2183
Eligible Candidates to the National Elections from NCR1, NCR2, North Luzon, South 2184
Luzon, Visayas, and Mindanao. 2185
2186
2187
6. Only Regular Members in Good Standing who are physically present at all meetings 2188
and/or elections may vote. 2189
2190
2191
7. Only Regular Members in Good Standing who are physically present at all meetings 2192
and/or elections who have been selected and included in the National Roster of Qualified 2193
and Eligible Candidates to the National Elections as Local Chapter nominee 2194
representatives for election may be voted upon for the particular position they were 2195
nominated for. 2196
2197
2198
8. In case of the failure to elect the minimum number of government sector representatives 2199
as required pursuant to Section 88 (A) Article XIV of these By-Laws, the vacant 2200
positions may not be filled by electing non-government representatives to the position. 2201
2202
The Trustees-elect shall by majority vote, choose a Member in Good Standing from the 2203
government sector from any regional area jurisdiction to fill that position mandated by 2204
these By-Laws to be occupied by a real estate practitioner from the government sector. 2205
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9. An eligible member who has been nominated into more than one (1) elective position 2206
may only serve and function in the highest elective position he was voted into and is 2207
automatically disqualified from being considered as a qualified candidate in the other 2208
lower positions. 2209
2210
The Comelec shall canvass and declare the winning Trustees-elect pursuant to the 2211
following sequence and priority: 2212
2213
1. Chairman of the Board of the National Directorate; 2214
2. Vice-Chairman of the Board of the National Directorate; 2215
3. President; 2216
4. Executive Vice-President; 2217
5. Secretary General; 2218
6. Vice President for Consultants; 2219
7. Vice President for Appraiser; 2220
8. Vice President for Brokers; 2221
9. Vice President for Government Assessors; 2222
10. Vice President for Government Appraisers; 2223
11. Regional Vice-President NCR1; 2224
12. Regional Vice-President NCR2; 2225
13. Regional Vice-President North Luzon; 2226
14. Regional Vice-President South Luzon; 2227
15. Regional Vice-President Visayas; 2228
16. Regional Vice-President Mindanao; 2229
17. Vice President for Treasury; 2230
18. Vice President for Membership; 2231
19. Vice President for Chapter Development & Chapter Affairs; 2232
20. Vice President for Administration; 2233
21. Vice President for Internal Audit. 2234
2235
2236
Section 88. Composition of the National Directorate 2237 A. One third (1/3) of the National Directorate seats (equivalent to seven [7] board seats) shall be 2238
allotted to the licensed real estate practitioners from the eligible and qualified government 2239
sector representatives from local government assessors, government appraisers of 2240
government owned and/or controlled corporations and financial institutes whose names 2241
appear in the National Roster of Qualified and Eligible Candidates to the National Elections 2242
unless there are no eligible and qualified candidates present during said elections. 2243
2244
B. There shall be three (3) National Trustees who are Regular Members in Good Standing 2245
elected representing the real estate consultants sector from the eligible and qualified 2246
consultants whose names appear in the National Roster of Qualified and Eligible Candidates 2247
to the National Elections; 2248
2249
C. There shall be four (4) National Trustees who are Regular Members in Good Standing 2250
elected representing the real estate appraisers sector from the eligible and qualified real 2251
estate appraisers whose names appear in the National Roster of Qualified and Eligible 2252
Candidates to the National Elections; 2253
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D. There shall be seven (7) Trustees who are Regular Members in Good Standing elected 2254
representing the real estate brokers sector from the eligible and qualified real estate brokers 2255
whose names appear in the National Roster of Qualified and Eligible Candidates to the 2256
National Elections; 2257
2258
E. A non-voting Associate Member representative to the National Directorate shall be selected 2259
by the members of the National Directorate-elect from among the Associate Members’ Pool 2260
of Nominees to act as an official observer of the Associate Members during meetings of the 2261
National Directorate but would not have any right to enjoy the right and privilege to vote, 2262
make motions or, interpellate any National Trustee. 2263
2264
2265
Section 89. Rotation for the Election of the Chairman of the Board of Trustees 2266 An eligible candidate for election into the position of Chairman and Vice Chairman of the 2267
National Directorate must be a past president of PhilRES, and shall be rotated from the regional 2268
area jurisdictions in the following order, namely: Mindanao; NCR1; South Luzon; NCR2; 2269
Visayas; North Luzon and thereafter back to Mindanao in the order of its sequence unless 2270
otherwise provided for in these By-Laws. 2271
2272
Should there be no eligible nominee from a particular region in a given year, that region will 2273
lose its right to elect a Chairman of the National Directorate from its region and the region 2274
immediately following in the sequence of rotation shall have the right to elect the Chairman of 2275
the National Directorate from its region unless expressly provided for in these By-Laws. 2276
2277
The sequence of electing the Chairman of the National Directorate shall then proceed in the 2278
original order of sequence. 2279
2280
2281
Section 90. Rotation for the Election of the President 2282 The President position shall be elected by the general membership from the eligible and 2283
qualified Local Chapter official nominee representatives to the National Roster of Qualified and 2284
Eligible Candidates to the National Elections which shall be rotated from the Regional Area 2285
Jurisdictions in the following order, namely: NCR1; Mindanao; South Luzon; NCR2; Visayas; 2286
North Luzon and thereafter back to NCR1 in the order of its sequence. 2287
2288
Only Past Presidents of PhilRES Local Chapters who are Members in Good Standing of 2289
PhilRES, shall be eligible to be selected and endorsed to the Comelec for inclusion into the 2290
National Roster of Qualified and Eligible Candidates to the National Elections as the Local 2291
Chapter nominees for election into the position of President and of Executive Vice President of 2292
the National Directorate of PhilRES. 2293
2294
2295
Section 91 Annual General Membership Meeting and Elections 2296 The Annual General Membership Meeting and Elections of Phi1RES shall be held every 18
th of 2297
November of each calendar year, when all the Members in Good Standing as qualified by the 2298
Comelec shall elect by a plurality vote by ballot into the particular position they were nominated 2299
into by their Local Chapters, a National Directorate of Twenty-One (21) Trustees to serve for 2300
one year until their successors are qualified and elected. 2301
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The Regular Members in Good Standing whose names appear in the National Roster of 2302
Qualified and Eligible Candidates to the National Elections, as provided for in these By-Laws, 2303
receiving the highest number of votes cast for each position by all Regular Members in Good 2304
Standing voting in the election shall be the Trustees-Elect. 2305
2306
Only Regular Members in Good Standing who are physically present at all meetings and/or 2307
elections may vote. 2308
2309
Only Regular Members in Good Standing who are physically present at all elections who have 2310
been selected and included to the National Roster of Qualified and Eligible Candidates to the 2311
National Elections as Local Chapter nominee representatives for election may be voted upon 2312
only in the particular position they were officially nominated for. 2313
2314
2315
Section 92. Procedures in Breaking Ties 2316 1. In case of a tie for the votes cast for a National Trustee position of the National 2317
Directorate other than for the position of Chairman of the National Directorate, the tie 2318
may only be broken by secret ballot among those other Trustees-Elect not affected by the 2319
tie, excluding the Chairman-elect of the National Directorate. 2320
2321
The candidate/s that receives the highest number of votes cast by those other Trustees-2322
Elect not affected by the tie shall be the Trustee/s-Elect that shall occupy the Trustee-2323
elect for that specific position in the National Directorate. 2324
2325
If a tie should still exist after the National Trustees-Elect shall have cast their votes to 2326
break the initial tie for a National Trustee position, then the Chairman-elect of the Board 2327
of Trustee shall break the tie. 2328
2329
2. In case of a tie for the votes cast for the specific elective position of Chairman-elect of 2330
the National Directorate, the tie may only be broken by secret ballot among those other 2331
Trustees-Elect not affected by the tie. 2332
2333
2334
Section 93. Eligibility Qualifications 2335 1. All Regular Members in Good Standing shall be eligible to nominate, be nominated, give 2336
proxy, receive proxy/ies, vote and be voted upon in any election, provided that the Regular 2337
Member shall: 2338
2339
a) Have at least twelve (12) months continuous minimum residency in PhilRES as a 2340
member in good standing; 2341
2342
b) Be a possessor of a valid license and valid Professional Identification Card as a Real 2343
Estate Service Practitioner; 2344
2345
c) Shall have fully paid all PhilRES dues and assessments including that of his/her chapter 2346
on time; 2347
2348
d) Declare his/her “Local Charter of Choice” if the Individual Member is a member of more 2349
than One (1) Local Chapter. The “Local Charter of Choice” of the Individual Member 2350
shall be where that individual member may nominate, be nominated, give proxy, receive 2351
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proxies, vote and be voted upon. 2352
2353
e) Have not have been convicted of any crime involving moral turpitude; 2354
2355
f) Have any other qualifications as may be determined by the Comelec. 2356
2357
2358
2. All Regular Members in Good Standing shall be eligible to be voted upon in any position in 2359
any election, provided that the Regular Member shall: 2360
2361
a) Have at least twelve (12) months continuous minimum residency in PhilRES as a 2362
member in good standing; 2363
2364
b) Have been endorsed by his/her local Chapter in the region where he/she is a member and 2365
whose name appears in the National Roster of Qualified and Eligible Candidates to the 2366
Local Chapter Elections or National Elections in the specific position the member was 2367
nominated into; 2368
2369
c) Have accepted the nomination to serve in any position and have pledged to adhere and 2370
abide the by-laws of PhilRES; 2371
2372
d) Be a possessor of a valid license and valid Professional Identification Card as a Real 2373
Estate Service Practitioner; 2374
2375
e) Shall have fully paid all PhilRES dues and assessments including that of his/her chapter 2376
on time; 2377
2378
f) Have not have been convicted of any crime involving moral turpitude; 2379
2380
g) Have not been involved in any act or a member of an association/organization with 2381
purposes/activities directly or indirectly inimical or inconsistent to PhilRES’ purposes; 2382
and 2383
2384
h) Any other qualifications as may be determined by the Comelec. 2385
2386
2387
3. No Regular Member may run for re-election as President or Local Chapter President 2388
immediately (a) after their term has expired, or (b) who was not able to perform his/her 2389
regular duties and functions (on leave) as of the end of his/her term, or (c) who was not able 2390
to finish as his/her term for whatever reason, as President or Local Chapter President. 2391
2392
2393
4. No Regular Member shall be elected as a National Trustee and/or be appointed to any 2394
national committee chairman position for more than three (3) consecutive terms. 2395
2396
2397
5. No Regular Member shall be elected as a Local Chapter Trustee and/or be appointed to any 2398
Local Chapter committee chairman position for more than three (3) consecutive terms unless 2399
otherwise provided for by the Local Chapter respective by-laws as far as Committee 2400
Chairman position is concerned. 2401
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6. No Regular Member or Associate Member or any of their relatives within the second (2nd
) 2402
degree of consanguinity or affinity shall be employed as a regular or contractual employee of 2403
PhilRES-National or any of its Local Chapters. 2404
2405
2406
2407
ARTICLE XV. 2408
LOCAL CHAPTERS 2409
2410
Section 94. Purpose and Objectives in Creating Local Chapters 2411 The purpose and objectives of creating a Local Chapter are the following: 2412
2413
1. To promote maximum participation of all members in all activities and programs, in 2414
advancing the objectives of the organization and that of the real estate service profession; 2415
2416
2417
2. To be the extension of the national organization in the Chapter's territory or jurisdiction 2418
and to police the members within their respective jurisdiction. 2419
2420
2421
3. To implement and carry out all programs and projects of the national organization, 2422
except when the nature of a project requires direct implementation by the national 2423
organization. 2424
2425
2426
Section 95. Chapter Organization 2427 1. Governance 2428
2429
a. The National Directorate shall prescribe a set of uniform rules governing the 2430
administration and operation of Local Chapters which shall not be inconsistent 2431
with the Articles of Incorporation and By-Laws of PhilRES. 2432
2433
Exception or modifications of the rules and provisions for any specific Local 2434
Chapter shall not be allowed unless otherwise approved by the National 2435
Directorate and when so approved such modifications should be applicable for all 2436
other Local Chapters. 2437
2438
b. No act of a Local Chapter shall directly or indirectly nullify or contravene any 2439
provisions of these By-Laws and such rules and regulations adopted by the 2440
National Directorate; and 2441
2442
c. All Chapters shall be under the general supervision of their respective Regional 2443
Vice-Presidents as provided in these By-Laws. 2444
2445
2446
2. Formation of Chapter 2447
The National Directorate may, as it deems fit, organize or approve applications to 2448
organize Local Chapters. 2449
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The National Directorate shall organize or approve the organization of not more than one 2450
(1) Local Chapter for each province, each city or each First Class Municipality. 2451
2452
The National Directorate shall have the sole authority to approve and prescribe rules and 2453
regulations as prescribed and consistent with these By Laws for the creation or 2454
organization of a new Local Chapter. 2455
2456
2457
3. Authority and Duties of Chapters 2458
The following are the authority and duties of Local Chapters. Local Chapters shall: 2459
2460
a. Adopt a name which shall include the acronym “PhilRES-" as prefix of the Local 2461
Chapter’s name consistent with rules and regulations on Chapter nomenclature; 2462
2463
b. Cooperate with other Local Chapters, Regional and National organizations upon 2464
consultation and with the permission of the National Directorate to further the 2465
interests of the members, and by agreement with these organizations, may 2466
represent and act for them only within the Local Chapter’s jurisdiction and 2467
domain. 2468
2469
Local Chapters seeking or intending to hold or conduct any activity which is 2470
outside and beyond its local chapter jurisdiction and territory are required to: 2471
2472
b.1 Formally notify the National Directorate in writing at least thirty 2473
(30) days prior to the holding of any activity outside and beyond 2474
its local chapter jurisdiction and territory of its intention to hold an 2475
activity; 2476
2477
b.2 Formally notify in writing the Local Chapter within whose local 2478
chapter jurisdiction and territory the intended activity is to be held 2479
and seek its permission at least thirty (30) days prior to the holding 2480
of the activity; 2481
2482
c. Collect PhilRES-National and Local Chapter Annual Membership Dues; 2483
2484
d. Implement all programs and projects of PhilRES-National; and 2485
2486
e. Perform such other functions and duties as may be assigned by the Regional 2487
Vice-President which shall be consistent with the plans and programs of the 2488
National Directorate. 2489
2490
2491
4. Chapter in Good Standing 2492
2493
a. To be in good standing for the current calendar year a Local Chapter 2494
2495
i. must have the minimum number of fifteen (15) members in good 2496
standing; and 2497
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ii. must have paid on time as prescribed in this By Laws the required 2498
Chapter Annual Fee at such reasonable amounts as determined by the 2499
Local Chapter Board of Trustees. 2500
2501
b. A Chapter in good standing shall be given the right to: 2502
2503
i. qualify members in good standing for inclusion into the National Roster 2504
of Qualified and Eligible Candidates for election or appointment as a 2505
National Trustee or National Officer; and 2506
ii. participate in various national awards, such as Most Outstanding Local 2507
Chapters, etc. 2508
2509
2510
Section 96. Administration of Chapters 2511 1. Composition 2512
The administration of each Local Chapter shall be vested in a Local Chapter Board of 2513
Trustees consisting of the following elected members. 2514
2515
a. Chapter President, 2516
b. Chapter Executive Vice President, 2517
c. Chapter Secretary, 2518
d. Chapter Treasurer, 2519
e. Chapter Auditor, 2520
f. Chapter Vice President for Consultants, 2521
g. Chapter Vice President for Appraiser, 2522
h. Chapter Vice Presidents for Brokers, 2523
i. Chapter Vice President for Government Appraiser, 2524
j. Chapter Vice {President for Government Assessors. 2525
2526
A non-voting Associate Member representative to the Local Chapter Board of Trustees 2527
shall be selected by the members of the Local Chapter Trustees-elect from among the list 2528
of Associate Members in Good Standing to act as an official observer of the Associate 2529
Members during meetings of the Local Chapter Board of Trustees but would not have 2530
any right to enjoy the right and privilege to vote, make motions or, interpellate any 2531
Trustee. 2532
2533
Should there be no eligible candidate for a particular sectoral category at any Local 2534
Chapter elections, a Regular Member in Good Standing from the particular sectoral 2535
category shall be appointed by the duly elected National Directorate from a list of Five 2536
(5) recommendees submitted by the President to the National Directorate to fill that 2537
particular vacant sectoral category for that particular election. 2538
2539
2540
2. Qualifications of Officers 2541
Candidate nominees at any elections for Chapter Officers must possess the following 2542
qualifications: 2543
2544
a. Regular membership in good standing of the Chapter; 2545
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b. Active participation in the affairs of the Chapter for at least two (2) years. This 2546
requirement does not apply for Local Chapters in the first two (2) years of 2547
formation; 2548
2549
c. Demonstrated leadership in professional, civic or community undertakings; 2550
2551
d. Good moral character and adherence to the PRC prescribed National Code of 2552
Ethics and Responsibilities and other authorized authorities; and 2553
2554
e. At least two (2) consecutive years of active practice of the profession. 2555
2556
2557
3. Term of Office 2558
2559
a. The members of the Chapter Board of Trustees shall serve for one (1) year from 2560
January 01 until December 31 of every year they are elected or until the 2561
successor shall have been qualified and elected. 2562
2563
b. No member of the Chapter Board of Trustees shall hold office and/or be 2564
appointed in any position for more than three (3) consecutive terms. 2565
2566
2567
4. Vacancy 2568
In case of vacancy during the term of office of any of the trustees or officers, the 2569
provision of law as embodied in the filling up of vacancies as enumerated in the 2570
Corporation Code of the Philippines shall apply unless otherwise provided for in this By-2571
Laws. 2572
2573
2574
5. Duties of Chapter Officers 2575
The duties of the Chapter Officers arc as follows: 2576
2577
a. President 2578
The President, who shall be a Trustee, shall perform all duties as customary to his 2579
office. He shall: 2580
2581
a.1 Be the Chief Executive Officer of his Local Chapter; 2582
2583
a.2 Preside at all Meetings and at the Annual General Membership Meeting 2584
and Elections; 2585
2586
a.3 Always be the Official Representative of his Local Chapter and act in its 2587
name subject to the declared policies of the Local Chapter and the 2588
National Directorate of PhilRES and the provisions of the standard 2589
PhilRES Local Chapter By-Laws; 2590
2591
a.4 Countersign all checks for disbursements of funds of his Local Chapter; 2592
2593
a.5 Submit an annual report to the members; 2594
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a.6 Serves as the Chief Executive Officer of the Chapter and as such shall 2595
exercise general supervision over the affairs thereof; 2596
2597
a.7 Ensures that the By-Laws as well as the resolutions, directives and 2598
policies issued in pursuance thereof by the Local Chapter Directorate, 2599
officers and committees acting within their respective legal authorities are 2600
complied with by the Chapter; 2601
2602
a.8 Presides over all the meetings of the Chapter Board of Trustees and the 2603
General Membership of the Chapter; 2604
2605
a.9 Organizes the Chapter committees; 2606
2607
a.10 Supervises all its committee works, and social and business affairs; 2608
2609
a.11 Signs contracts, directives and legal instruments which have been 2610
approved by the Chapter Board of Trustees; and 2611
2612
a.12 Represents the Chapter on all occasions and in all matters where it should 2613
be represented and submits reports and plans and programs of his Local 2614
Chapter to their respective Regional Vice Presidents. 2615
2616
b. Executive Vice President 2617
The Local Chapter Executive Vice President who shall be a Trustee, shall 2618
perform all duties as customary to his office and shall have the powers, 2619
authorities, duties, functions and responsibilities assigned and duties the Local 2620
Chapter President or Local Chapter Board of Trustees may from time to time 2621
assign to him. 2622
2623
The Executive Vice President shall: 2624
2625
b.1 assist the Local Chapter President of PhilRES in all matters; 2626
2627
b.2 take-over the duties and responsibilities in the temporary absence of the 2628
Local Chapter President; 2629
2630
b.3 represent his Local Chapter and act in its name subject to the declared 2631
policies of the Local Chapter Board of Trustees and the provisions of their 2632
Chapter By-Laws in the temporary absence of the Local Chapter 2633
President. 2634
2635
c. Secretary 2636
The Local Chapter Secretary who shall be a Trustee, shall perform all duties as 2637
customary to his office and shall have the powers, authorities, duties, functions 2638
and responsibilities assigned and duties the Local Chapter President or Local 2639
Chapter Board of Trustees may from time to time assign to him. 2640
2641
c.1 Issues and Certifies a duly notarized List of Regular Members and 2642
Associate Members in Good Standing as of 15 March of every year not 2643
later than 31 March of the same year and together with the Membership 2644
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Committee Chairman transmits the certified list to the Secretary General. 2645
This list shall also indicate its members with memberships with other 2646
local chapters and the “Local Chapter of Choice” of such member/s; 2647
2648
c.2 Issues all notices, circulars, records and supervise the proper recording of 2649
minutes of all Chapter meetings; 2650
2651
c.3 Takes charge and custody of all the legal correspondences of the Chapter; 2652
2653
c.4 Prepares and submits a quarterly accomplishment report to the respective 2654
Regional Vice President; 2655
2656
c.5 Safekeeping of all records for proper turnover to the next secretary; and 2657
2658
c.6 Performs such other matters as may, from time to time, be required of him 2659
by the Chapter President and the Local Chapter Board of Trustees. 2660
2661
d. Treasurer 2662
The Local Chapter Treasurer who shall be a Trustee, shall perform all duties as 2663
customary to his office and shall have the powers, authorities, duties, functions 2664
and responsibilities assigned and duties the Local Chapter President or Local 2665
Chapter Board of Trustees may from time to time assign to him. 2666
2667
d.1 Takes charge of the over-all supervision of the financial affairs of the 2668
Chapter; 2669
2670
d.2 Collects all fees, dues or contributions from the Chapter members as 2671
required by their Local Chapter By-Laws and as may be authorized by the 2672
Local Chapter Board of Trustees and/or by the PhilRES-National which 2673
are not inconsistent with the By-Laws. 2674
2675
The Local Chapter Treasurer shall forward to the Local Chapter Secretary 2676
before the end of the month of March of every year the List of Regular 2677
Members and Associate Members who have paid their required 2678
membership dues and other assessments or arrears, if any as of 15 March 2679
of every year; 2680
2681
d.3 Disburses funds as necessary and in accordance with approved accounting 2682
and auditing rules and procedures; 2683
2684
d.4 Signs all instruments of the Local Chapter wherein his signature is 2685
required by law and perform all such duties for the Chapter as may be 2686
assigned to him by the Chapter President and the Chapter Board of 2687
Trustees; 2688
2689
d.5 Remits to the Treasurer the national share of the national annual 2690
individual membership dues and Local Chapter membership dues and 2691
prepare an official report of the said remittance to the Chapter Board of 2692
Trustees; 2693
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d.7 Renders monthly report and audited annual financial report to the Chapter 2694
members and to the Treasurer regarding the receipt and disbursement of 2695
funds and their amounts under his/her responsibility; 2696
2697
d.8 Signs all checks, and all financial transactions, together with the Chapter 2698
President or another officer as may be designated by the Chapter Board of 2699
Trustees. 2700
2701
e. Local Chapter Auditor 2702
The Local Chapter Auditor who shall be a Trustee, shall conduct regular audit in 2703
accordance with the auditing rules and regulations and perform all duties as 2704
customary to his office and shall have the powers, authorities, duties, functions 2705
and responsibilities assigned and duties the Local Chapter President or Local 2706
Chapter Board of Trustees may from time to time assign to him. 2707
2708
The Local Chapter Auditor: 2709
2710
e.1 Conducts an overall independent review of all financial affairs to ensure 2711
check and balance of the business operations of the Chapter; and 2712
2713
e.2 Serves as a regular member of the Chapter Board of Trustees with voting 2714
rights. 2715
2716
2717
Section 97. Chapter Meetings 2718 1. The Chapter Board of Trustees shall hold meetings at least once a month that will not be 2719
in conflict with any previously set PhilRES-National activity; 2720
2721
2. The Chapter General Membership Meeting shall hold meetings in such frequency as the 2722
Chapter Board of Trustees decides. 2723
2724
During the meeting at such time and date in such place as may be agreed upon by its 2725
members, Chapter activities shall be discussed and the Chapter Treasurer shall render a 2726
report on the financial affairs of the Chapter; 2727
2728
3. No subject matter requiring a quorum shall be acted upon unless notice thereof is given 2729
to the members at least seven (7) days before the day of meeting. 2730
2731
2732
Section 98. Chapter Committees 2733 1. The Chapter Committees are but may not be limited to: 2734
2735
a. Committee on Internal Affairs 2736
b. Committee on Professional Practice 2737
c. Committee on Governmental and External Affairs 2738
d. Committee on Education 2739
e. Committee on Professional Development 2740
f. Committee on Continuing Professional Education 2741
g. Committee on Multi Listing or Property Listing 2742
h. Committee on Advocacy and Anti-Colorum 2743
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2. The Local Chapter Board of Trustees and/or the President shall have the power to create 2744
other committees at any time and appoint Chapter Committee Chairman and members 2745
subject to the confirmation of the Local Chapter Board of Trustees. 2746
2747
2748
Section 99. Revival of Inactive Chapters 2749 The National Directorate shall institute measures and policies concerning the revival of inactive 2750
Chapters. 2751
2752
2753
Section 100. Certificate of Chapter Registration 2754 A Certificate of Chapter Registration is issued to each Local Chapter that is organized which 2755
states the date of admission, classification as Chapter, territorial domain, Regional Area 2756
Jurisdiction classification, Chapter Charter Officers and Members; duly signed by the President, 2757
Secretary General, Regional Vice President and the Chairman of the Committee on Chapter 2758
Organization. lt shall bear the Official Seal of PhilRES. 2759
2760
2761
Section 101. Local Chapter Presidents Assembly (LCPA) 2762 1. Composition 2763
2764
a. The Local Chapter Presidents' Assembly is composed of all incumbent Local 2765
Chapter Presidents with the President, or his duly appointed representative who is 2766
also a National Trustee, as member. 2767
2768
b. The Officers of the Local Chapter Presidents' Assembly shall be: 2769
2770
b.1 CPA Chairperson; 2771
b.2 CPA Vice Chair; 2772
b.3 CPA Secretary; 2773
b.4 CPA Treasurer. 2774
2775
2776
2. Purposes for the Local Chapter Presidents’ Assembly 2777
The Local Chapter Presidents' Assembly meets either by Regional Area Jurisdiction or as 2778
a collective national body of Chapter Presidents for the following purposes: 2779
2780
a. To discuss and exchange ideas and monitor implementation of program and 2781
projects; 2782
2783
b. To compare results of programs and projects and evaluate difficulties and 2784
successes and recommend solutions to the problems; 2785
2786
c. To propose and endorse through their respective Regional Vice Presidents, to the 2787
National Directorate any needed amendments in the Local Chapter By-Laws or 2788
PhilRES-National By-Laws; 2789
2790
d. Submit through their respective Regional Vice Presidents, programs and policies 2791
through resolutions, subject to the approval of the National Directorate. 2792
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3. Quorum Assembly Requirements 2793
2794
a. The President, or his duly appointed representative who is also a National 2795
Trustee, must always be present in any Local Chapter Presidents’ Assembly to 2796
be valid and shall be part of the quorum and voting members at any meeting of 2797
the CPA. 2798
2799
b. The Local Chapter Presidents' Assembly must have a valid quorum for any 2800
Assembly business to be valid. 2801
2802
2803
Section 102. Types of Membership in Local Chapters 2804 The Types of Membership of Local Chapters are: 2805
2806
1. Regular Members 2807
2808
1.a Natural persons who are licensed and registered real estate service practitioners 2809
who have been duly licensed and recognized by the Professional Regulatory 2810
Board of Real Estate Service pursuant to the provisions of Section 20 Article III 2811
and Section 30 Article IV as applicable of R. A. 9646, and its Implementing 2812
Rules and Regulations, and; 2813
2814
1.b Who have been admitted into PhilRES as a Regular Member pursuant to the 2815
provisions of Section 34 Article IV of R. A. 9646, and its Implementing Rules 2816
and Regulations. 2817
2818
1.c Regular Members of Local Chapters are the classified as: 2819
2820
1.c.1. Founding Members 2821
2822
The Founding Members of Local Chapters are the Founding 2823
Incorporators, Founding Officers and Trustees and the other Members of 2824
the Local Chapter at the time of the filing of the Articles of Incorporation 2825
and By-Laws of that particular Local Chapter. 2826
2827
1.c.2. Charter Members 2828
2829
The Charter Members are the registered and licensed real estate service 2830
practitioners who were accepted as members of the Local Chapter and 2831
who were classified as Charter Members by the Local Chapter upon their 2832
formal acceptance, investiture and badging to the Local Chapter. 2833
2834
1.c.3. Ordinary Regular Members 2835
Ordinary Regular Members are those Regular Members who are not 2836
classified as Founding, Charter, Senior, Emeritus nor Fellows of PhilRES 2837
Local Chapters. 2838
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2. Associate Members 2839
Associate Members of Local Chapters are the accredited and/or registered professionals 2840
in the real estate industry engaged in kindred trades or occupations such as, but not 2841
limited to accredited real estate salespersons. An accredited Salesperson is a 2842
natural person who performs service for, and in behalf of a real estate broker and who is 2843
registered and licensed by the Professional Regulatory Board of Real Estate Service and 2844
who have been admitted into the Local Chapter of PhilRES as an Associate Member 2845
pursuant to the provisions of Rule 2 Paragraph 2 of PRC Resolution No. 2004-178. 2846
2847
2848
2849
ARTICLE XVI. 2850
NATIONAL STANDING COMMITTEES 2851 2852
Section 103. 2853 The National Standing Committees shall be as follows: 2854
2855
1. PhilRES Council of Elders and Advisers; 2856
2. Membership Committee; 2857
3. Chapter Development and Chapter Affairs Committee; 2858
4. Ways and Means Committee; 2859
5. Property Administration and Property Management Committee; 2860
6. Committee on Academe and Continuing Professional Education; 2861
7. Information Technology Committee; 2862
8. Oversight, Vigilance & Enforcement Committee; 2863
9. Mediation, Conciliation and Arbitration Committee; 2864
10. National Committee on Elections (Comelec); 2865
11. Committee on Library, Records and Archives; 2866
12. Committee on Awards; 2867
13. Committee on Review of Laws and By-Laws; 2868
14. Ethics and Discipline Committee; 2869
15. Committee on Protocol and Rules; 2870
16. Taxation & Legislation Committee, 2871
17. Education and Information Committee. 2872
18. Multiple Listing Committee; 2873
19. Committee on International Affairs & Affiliations 2874
2875
All committee members shall be appointed every year by the President except for the members 2876
of the PhilRES Council of Advisers whose composition shall be permanent subject to the 2877
addition of new permanent. 2878
2879
All committee members and new additions to the PhilRES Council of Elders and Advisers shall 2880
be confirmed by the National Directorate. 2881
2882
Aside from the Standing Committees, there shall be such other committees which may be 2883
created by the National Directorate or the Executive Committee only for special or specific 2884
purposes. 2885
2886
a. Each committee shall be composed of a Chairman, a Vice Chairman, a Secretary, 2887
and not more than four (4) members; 2888
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b. A committee chairman and members of the standing committees shall be 2889
recommended by the Executive Trustees, endorsed by the Executive Vice 2890
President and appointed by the President, subject to confirmation of the National 2891
Directorate; 2892
2893
c. No member of the National Directorate shall be a Chairman or member of any 2894
standing committee unless specifically provided for in these By Laws. A 2895
National Trustee may however, be appointed Chairman or member of any special 2896
or ad hoc committee created by the President. 2897
2898
2899
Section 104. National Committee Meetings and Activities 2900 Regular meetings of each committee shall be held at least once every month. Special meetings 2901
may also be held. Notices of meetings should be circulated to committee members at least one 2902
(1) week prior to the meeting date. 2903
2904
National Committee activities shall be coordinated and reported to the Executive Vice President. 2905
2906
2907
Section 105. National Committee’s Reports 2908 Minutes of all regular and special meetings shall be submitted to the PhilRES-National for the 2909
information of the national officers and members. 2910
2911
All committees shall submit reports of their activities to the National Directorate through the 2912
Executive Vice President. 2913
2914
2915
Section 106. Duties and Functions of National Standing Committees 2916 All National Standing Committees may at any time propose programs, systems procedures and 2917
policies for the smooth and effective operation of PhilRES, PhilRES-National and its Local; 2918
Chapters. 2919
2920
The duties and functions of Standing Committees are as follows: 2921
2922
1. Chapter Development and Chapter Affairs Committee 2923
a. Promotes the objectives of PhilRES through the organization and development of 2924
new local Chapters, and; 2925
2926
b. Coordinates the preparation of charter requirements and activities with PhilRES-2927
National. 2928
2929
2930
2. Membership Committee 2931
a. Takes charge of all matters concerning membership; 2932
2933
b. Effects the registration of all registered and licensed real estate practitioners as 2934
members of PhilRES; 2935
2936
c. Maintains an up to date listing of members with their complete personal and 2937
professional data; 2938
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d. Sets up criteria to determine and up-date current membership status; 2939
2940
e. Takes responsibility of authenticating and updating of the PhilRES roster 2941
including information and data on each member such as addresses, telephone 2942
numbers, good standing status, residence in the organization, and the like, and; 2943
2944
f. Disseminates information, invitations and activities of PhilRES-National to all 2945
members especially the Member Emeritus, Honorary Members of the College of 2946
Fellows, Senior Members, and the Past Presidents. 2947
2948
2949
3. Committee on Library, Records and Archives 2950
a. Organizes library and archival materials and maintain such for reference of the 2951
members, and; 2952
2953
b. Receives all archival materials, documents, and the like, for turn over to 2954
PhilRES-National. 2955
2956
2957
4. Committee on Awards 2958
a. Prepares programs of incentives in the form of recognition of members; and 2959
2960
b. Takes charge of all matters regarding granting of awards and the respective 2961
criteria for services rendered to PhilRES and the real estate profession. 2962
2963
2964
5. Ways and Means Committee 2965
a. Studies and recommend an effective program in the collection of dues arid other 2966
fees including acceptance of donations and bequeaths; 2967
2968
b. Keeps PhilRES in sound financial condition to meet its obligations and finance 2969
its projects; and 2970
2971
c. Generates funds for proper implementation of projects subject to the approval of 2972
the National Directorate. 2973
2974
2975
6. Committee on Review of Laws and By-Laws 2976
a. Interprets the provisions of By-Laws, existing laws, proposed new laws and 2977
recommends amendments and/or suggestions to the By-Laws, existing laws and 2978
proposed new laws; 2979
2980
b. Provides for referral service concerning these By-Laws; 2981
2982
2983
7. Information Technology Committee 2984
a. Prepares the Filipino real estate professional for globalization by providing the 2985
latest information technology tools & trends needed to compete in the global 2986
arena; 2987
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b. Helps make the Filipino real estate professional comfortable with information 2988
technology; 2989
2990
c. Addresses the information technology needs of the Filipino real estate 2991
professional in the present and the future by providing solutions that are user 2992
friendly, affordable and practical. 2993
2994
2995
8. Ethics and Discipline Committee 2996
a. Determines, sets, prescribes, consolidates and recommends the scope, coverage 2997
and content of the National Code of Ethics and Responsibilities upon 2998
consultation, coordination and recommendation with the different Colleges of 2999
Fellows’, more specifically: 3000
3001
a.1 Real Estate Consultants’ College of Fellows Committee on Code of Ethics 3002
and Responsibilities; 3003
3004
a.2. Real Estate Appraisers’ College of Fellows Committee on Code of Ethics 3005
and Responsibilities 3006
3007
a.2.1 Private Appraisers/Valuers Committee on Code of Ethics and 3008
Responsibilities; 3009
3010
a.2.2 Government Sector Assessors/Appraisers Committee on Code of 3011
Ethics and Responsibilities; 3012
3013
a.2.3 Real Estate Brokers’ College of Fellows Committee on Code of 3014
Ethics and Responsibilities; 3015
3016
a.2.4 The Ethics and Discipline Committee shall form a separate sub-3017
committee that will handle specific recommendations and 3018
suggestions for the Committee on Code of Ethics and 3019
Responsibilities for Salespersons and Associate Members. 3020
This committee shall be composed of one (1) member each from 3021
the: 3022
3023
a.4.1 Real Estate Consultants’ College of Fellows Committee on 3024
Code of Ethics and Responsibilities; 3025
3026
a.4.2 Private Appraisers/Valuers Committee on Code of Ethics 3027
and Responsibilities; 3028
3029
a.4.3 Government Sector Assessors/Appraisers Committee on 3030
Code of Ethics and Responsibilities; 3031
3032
a.4.4 Real Estate Brokers’ College of Fellows Committee on 3033
Code of Ethics and Responsibilities, and; 3034
3035
a.4.5 Appoint three (3) representatives from the Associate 3036
Members’ Pool of Nominees representatives to the 3037
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Committee on Code of Ethics and Responsibilities for 3038
Salespersons and Associate Members. 3039
3040
These three (3) representatives shall be selected by the 3041
regular committee members of the Ethics and Discipline 3042
Committee from among the Associate Members’ Pool of 3043
Nominees to act as official representatives of their sector 3044
and would be allowed to enjoy the right and privilege to 3045
vote, make motions or, interpellate any member during 3046
committee deliberations of the Committee on Code of 3047
Ethics and Responsibilities for Salespersons and Associate 3048
Members. 3049
3050 b. Invites, coordinates and seeks the recommendations of other allied and kindred 3051
organizations to determine, set, prescribe and recommend the scope, coverage 3052
and content of the National Code of Ethics and Responsibilities; 3053
3054
c. Promotes and ensures the highest standards of ethical conduct in the practice and 3055
service of the real estate profession by adhering and conforming to the National 3056
Code of Ethics and Responsibilities as prescribed by the Professional Regulatory 3057
Board of Real Estate Service (PRBRES); 3058
3059
d. Continuously endeavours adherence to the National Code of Ethics and 3060
Responsibilities, and; 3061
3062
e. Receives endorsements and/or reports from the Oversight, Vigilance & 3063
Enforcement Committee and/or from the members or the public complaints of 3064
violations of the National Code of Ethics and Responsibilities; 3065
3066
f. Studies and recommends action to the Mediation, Conciliation and Arbitration 3067
Committee Commission on Professional Practice on cases involving malpractice 3068
and unethical conduct of members. 3069
3070
3071
9. Committee on Academe and Continuing Professional Education (CPE) 3072
a. Implements the CPE Program as required in the R.A, 9646, and its Implementing 3073
Rules and Regulations or under any other law that may be passed, covering the 3074
practice of the real estate service profession and in support of the CPE Council of 3075
the PRC through the PBRES; 3076
3077
b. Devises the appropriate systems and procedures necessary to implement the 3078
accreditation system and the effective monitoring of CPE compliance by 3079
PhilRES, its Local Chapters and/or any of its Kindred Organizations service 3080
providers; 3081
3082
c. Undertakes all the necessary steps to ensure that programs are in place for the 3083
continuous education of a registered and licensed real estate professionals 3084
brought about by modernization, scientific and technological advances; raises and 3085
maintains the professional capability in delivering professional services; and 3086
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instils and maintains the highest technical and ethical standards of the practice of 3087
the profession; 3088
3089
d. Issues the CPE Primer that contain all the information, rules, regulations and 3090
policies with respect to CPE and its implementation; and 3091
3092
e. Promotes CPE Program nationwide and shall devise a communication system 3093
through which all CPE queries and issues are addressed. 3094
3095 3096
10. Committee on Protocol and Rules 3097
a. Promotes and ensures the highest standards of professional and ethical courtesy, 3098
protocol and conduct in PhilRES-National and Local Chapter board meetings as 3099
described and recommended in the latest edition of Robert’s Rules of Order; 3100
3101
b. Promotes and ensures the highest standards of professional and ethical courtesy, 3102
protocol and conduct in PhilRES-National and Local Chapter activities and 3103
public engagements as described and recommended in the latest edition of 3104
Robert’s Rules of Order; 3105
3106
c. Continuously endeavours adherence to the Robert’s Rules of Order in all 3107
PhilRES-National and Local Chapter activities; 3108
3109
d. Receives suggestions, comments and/or reports from the Oversight, Vigilance & 3110
Enforcement Committee and/or from other committees, members or the public in 3111
order to further improve the standards of protocol in all PhilRES-National and 3112
Local Chapter activities; 3113
3114
e. Studies, trains, recommends action and disseminates the latest standards of 3115
protocol in all PhilRES-National and Local Chapter activities. 3116
3117
3118
3119
ARTICLE XVII. 3120
SPECIAL COMMITTEES 3121
3122
Section 107. 3123 The National Directorate shall have the power to create and form any special committee or 3124
position at any time. This special committee/s or position/s term and tenure shall be set and 3125
prescribed by the National Directorate as it may deem fit, necessary and proper for the smooth 3126
operation of PhilRES. 3127
3128
All Special Committees may at any time propose programs, systems procedures and policies for 3129
the smooth and effective operation of PhilRES, PhilRES-National and its Local; Chapters. 3130
3131
3132
Section 108. 3133 The special committee created may exist and continue to perform such special functions and 3134
responsibilities even beyond the tenure of the National Directorate that created it. 3135
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All person/s serving and performing in such special committee/s or position shall serve in such 3136
position for a co-terminus period with that of the term of the Special Committee unless 3137
otherwise removed or suspended for cause after due notice and hearing or voluntary resignation. 3138
3139
3140
Section 109. 3141 The National Directorate shall confirm all Standing Committee and Special Committee positions 3142
as well as all Presidential appointees or designees in such Special Committee positions before 3143
such appointees or designees shall be allowed to perform such functions. 3144
3145
3146
3147
ARTICLE XVIII. 3148
NATIONAL COMMITTEE on ELECTIONS 3149
(Comelec) 3150
3151
Section 110. Composition of Members of Comelec 3152 There shall be a National Committee on Elections (Comelec), a Standing Committee composed 3153
of six (6) regular members and three (3) alternate members that shall be appointed by the 3154
President and confirmed by the National Directorate. 3155
3156
The regular members of the Comelec shall be appointed by the President from one (1) 3157
representative from each of the following Regional Area Jurisdictions NCR1. NCR2, North 3158
Luzon, South Luzon, Visayas, and Mindanao. 3159
3160
The President may appoint the alternate members of the Comelec from any Regional Area 3161
Jurisdiction of his choice. Alternate members may only assume any temporary vacancy in the 3162
six (6) member Committee on Elections. 3163
3164
1. Composition. 3165
a. The Comelec is composed of the six (6) representatives from each Regional Area 3166
Jurisdiction appointed by the President and confirmed by the National 3167
Directorate. 3168
3169
b. The members of the Comelec shall elect from among themselves their 3170
Chairpersons on Accreditation and Canvassing. 3171
3172
c. Incumbent officers and members of the National Directorate or Chapter Board of 3173
Trustees are disqualified to be a member of the Comelec. 3174
3175
3176
2. Functions. 3177
The duties and functions of Comelec are as follows: 3178
a. Acts as an independent body and shall take charge of all matters concerning 3179
elections; 3180
3181
b. Directs, supervises and controls the overall conduct of the elections, enforce rules 3182
and regulations, directives, orders and instructions; 3183
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c. Deputizes any member of PhilRES in good standing to act as its agent in the 3184
enforcement and implementation of the provisions of these By-Laws; 3185
3186
d. Constitutes Committees under its general administration and supervision of 3187
election procedures as follows: 3188
3189
d.1 Committee on Accreditation 3190
This Committee shall: 3191
3192
d.1a. be composed of two members and a Chairperson; 3193
3194
d.1b. receive the transmittal of the records of the Members in Good 3195
Standing as certified to by the Secretary General and the 3196
Treasurer; 3197
3198
d.1c. receive the transmittal of the records of the Members in Good 3199
Standing as certified to by the Local Chapter Secretary and the 3200
Local Chapter Treasurer; 3201
3202
d.1d receive the transmittal of the records of the eligible and qualified 3203
Local Chapter official nominee representatives to the Roster of 3204
Qualified and Eligible Candidates to the National Elections as 3205
certified to by the Local Chapter Secretary and the Local Chapter 3206
Treasurer; 3207
3208
d.1e have the power to qualify and disqualify any member of the in 3209
accordance with the provisions of these By-Laws. 3210
3211
d.2 Committee on Canvassing 3212
This Committee shall: 3213
3214
d.2a. be composed of three (3) members and a Chairperson who must 3215
have be a member of the College of Fellows; 3216
3217
d.2b. take charge of the canvassing, counting and tallying of votes; 3218
3219
d.2c. have the authority to validate or invalidate any vote ballots cast in 3220
the election; and 3221
3222
d.2d. take charge of preparing the official record of the elections to be 3223
submitted to the Secretary General. 3224
3225
3226
3. Term of Office 3227
The members of the Comelec shall serve for the period beginning from 120 days prior to 3228
the date of any National Election and shall end upon the assumption into office of the 3229
trustees-elect. 3230
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4. The Comelec shall accredit the official eligible representative nominees for each 3231
particular elective position from the Local Chapters comprising the Regional Area 3232
Jurisdictions from the provinces, first class municipalities and cities as defined in Section 3233
79(2) and Sections 80-85 Article XIII of these By-Laws. 3234
3235
3236
Section 111. 3237 At all elections, the Comelec shall accredit the qualified voting members of PhilRES who are 3238
Members in Good Standing in coordination with the Treasurer and the Secretary General. 3239
3240
The Comelec shall certify who may issue and receive proxies, vote and be voted upon and shall 3241
certify the same to the National Directorate. 3242
3243
The Comelec shall allow any prospective candidate or nominee to announce his availability to 3244
run for or be nominated or appointed in any office, position, regular or special committee and 3245
shall prescribe the rules and procedure regarding such acts and activities. 3246
3247
3248
Section 112. 3249 The Comelec as a collegiate body shall immediately proclaim the winners of all elections and 3250
certify the results of the election to the National Directorate. The Trustees-Elect of the National 3251
Directorate shall serve their terms on the following year after their election from January 01 3252
until December 31. 3253
3254
3255
Section 113. Election Protests 3256 Any/all election protests must be made formally and in writing not later than fifteen (15) 3257
calendar days from the date when the election was held. 3258
3259
Formal election protests must clearly cite the reasons for such protests and must be properly 3260
supported by evidence. Any member that is the subject of an election protest may not be 3261
inducted until such time that the Comelec rules with finality on the merits of the election protest. 3262
3263
3264
Section 114. 3265 The members of the Trustees-elect together with the different committees and its respective 3266
members shall be formally inducted into office during the General Membership Meeting and 3267
Christmas Party which shall be held in the month of December of each calendar year set by the 3268
National Directorate. 3269
3270
3271
Section 115. Limitation Upon Members of the Comelec 3272 No incumbent Trustee of the National Directorate or National Officer shall serve as member of 3273
the Comelec. 3274
3275
No member of PhilRES shall serve as member of the Comelec for more than two (2) 3276
consecutive terms. 3277
3278
All members of the Comelec are disqualified from: 3279
a) giving and/or receiving proxies; 3280
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b) being counted as part of the determination of a quorum; 3281
c) being nominated; 3282
d) voting and being voted upon. 3283
3284
3285
3286
ARTICLE XIX. 3287
MEDIATION, CONCILIATION and ARBITRATION COMMITTEE 3288
3289
Section 116. Settlement of Disputes among Members 3290 There shall be a Mediation, Conciliation and Arbitration Committee which will be tasked to 3291
settle disputes between and among different Members, their Patrons, Clients, and the General 3292
Public. 3293
3294
3295
Section 117. Exhaustion of Administrative Remedies 3296 Except for intra-corporate and criminal complaints, exhaustion of the PhilRES’ administrative 3297
proceedings/remedies is mandatory before elevating any civil action to the Professional 3298
Regulatory Board of Real Estate Service or judicial court. 3299
3300
3301
Section 118. Mediation, Conciliation and Arbitration Policies and Procedures 3302 The following policies and procedures shall be observed: 3303
3304
a) The Complaint must be in verified form and addressed to the National Directorate citing 3305
the issues, the nature of the complaint and shall be supported with evidence, if any; 3306
3307
b) The Complaint shall also state the prayer to resolve the issue(s) of the complaint; 3308
3309
c) The National Directorate shall then endorse the Complaint to the Mediation, Conciliation 3310
and Arbitration Committee for appropriate action; 3311
3312
d) The Mediation, Conciliation and Arbitration shall request the Respondent(s) to 3313
Answer/Comment on the complaint in writing within seven (7) days upon receipt thereof 3314
copy furnish Complainant of the Comment/Response; 3315
3316
e) If necessary, the Mediation and Arbitration Committee may call the 3317
Mediation/Conciliation Conference within five (5) days upon receipt of the 3318
Answer/Comment. The conference shall only be attended by the Mediation and 3319
Arbitration Committee Members, Complainant and the Respondent. 3320
3321
f) Lawyers will not be allowed at all Mediation/Conciliation Conferences; 3322
3323
g) If no compromise agreement is achieved after exhausting the Mediation/Conciliation 3324
meetings, the Mediation, Conciliation and Arbitration Committee shall render its 3325
Resolution on the Complaint within fifteen (15) days upon receipt of the Respondent’s 3326
Answer/Comment copy furnished the parties (Complainant and Respondent); 3327
3328
h) Any party who is dissatisfied with the Resolution of the Mediation, Conciliation and 3329
Arbitration Committee shall have seven (7) days to appeal the resolution of the 3330
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Mediation, Conciliation and Arbitration Committee to a Special Adjudication Committee 3331
of the PhilRES Council of Elders and Advisers. 3332
3333
i) The Resolution of the Special Adjudication Committee of the PhilRES Council of Elders 3334
and Advisers shall be considered final and executory for purposes of Mediation and 3335
Conciliation and its recommendations shall be endorsed to the National Directorate for 3336
disposition; 3337
3338
j) Any decision, resolution, recommendation or action of the National Directorate can be 3339
appealed to the Professional Regulatory Board of Real Estate Service (PRBRES) or 3340
appropriate regulatory body. 3341
3342
3343
Section 119. Composition of the Mediation, Conciliation and Arbitration Committee 3344 The Mediation, Conciliation and Arbitration Committee shall be composed of seven (7) Regular 3345
Members in good standing. 3346
3347
Of the seven (7) committee members, the Chairperson and two (2) other members shall be 3348
appointed by the President and confirmed by the National Directorate. 3349
3350
Both Complainant and Respondent shall be allowed to name two (2) Regular Members in good 3351
standing of their choice to the mediation, conciliation and arbitration committee. 3352
3353
The two (2) Regular Members of choice of both Complainant and Respondent shall not be 3354
contestable for whatever reason other than as to eligibility as Members in Good Standing of 3355
PhilRES. 3356
3357
3358
Section 120. Composition of the Special Adjudication Committee of the 3359
PhilRES Council of Elders and Advisers 3360 The Special Adjudication Committee of the PhilRES Council of Elders and Advisers shall be 3361
composed of at least five (5) PhilRES Past National Presidents who are not members of the 3362
Mediation, Conciliation and Arbitration Committee, but must be members in good standing and 3363
shall serve as the Final Tribunal to settle all controversies among members that cannot be 3364
successfully settled at the Mediation, Conciliation and Arbitration Committee. 3365
3366
The members of the Special Adjudication Committee shall be composed of the members of 3367
PhilRES Council of Elders and Advisers who shall be automatically confirmed by the National 3368
Directorate to be the members of the Special Adjudication Committee. 3369
3370
The Special Adjudication Committee will be legally assisted by the Board Legal Counsel in all 3371
the controversies brought to it for deliberation and disposition.. The Board Legal Counsel shall 3372
be an non-voting member of the Special Adjudication Committee but shall be allowed to 3373
participate in all its deliberations and his legal advice shall be taken into consideration in 3374
disposing of any controversy/ies. 3375
3376
3377
Section 121. Penalties and Sanctions 3378 No penalties and sanction shall be meted unless there is compliance of due process. Any 3379
member found guilty for violating any provision of these by-laws, the provisions of R. A. 9646, 3380
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and its Implementing Rules and Regulations and other realty laws shall be imposed with the 3381
following sanctions: 3382
3383
For the 1st Offense - Reprimand; 3384
3385
For the 2nd violation of the same Offense - Suspension of Membership for 3386
two (2) months; 3387
3388
For the 3rd violation of the same Offense - Suspension of Membership for 3389
six (6) months; 3390
3391
For the 4th violation of the same Offense - Expulsion from Membership; 3392
3393
For combination of two (2) Offenses - Suspension of Membership for 3394
six (6) months; 3395
3396
For combination of at least three (3) Offenses - Expulsion from Membership. 3397
3398
3399
Section 122. Complaints from Non-PhilRES Members 3400 All complaints from non-PhilRES members must be in verified form addressed to the National 3401
Directorate and must be endorsed by a Regular Member in Good Standing before any complaint 3402
from a non-member may be acted upon by the National Directorate for endorsement to the 3403
Mediation, Conciliation and Arbitration Committee. 3404
3405
3406
3407
ARTICLE XX. 3408
DISCIPLINARY ACTIONS, SUSPENSION, EXPULSION 3409
IMPEACHMENT & RECALL 3410
3411
Section 123. GROUNDS for DISCIPLINARY ACTIONS, SUSPENSION, 3412
IMPEACHMENT and EXPULSION 3413 All Members must be of good moral character and shall always act in a generally, morally, 3414
legally and socially accepted norms of conduct and behaviour and must not be a cause for 3415
embarrassment or public scandal that would affect the interest of PhilRES and/or of any of its 3416
members. 3417
3418
Any officer, Trustee or member may be suspended, impeached, recalled or expelled from 3419
PhilRES only after due notice and hearing, upon recommendation and findings of the Mediation, 3420
Conciliation and Arbitration Committee based on any of the following grounds: 3421
3422
a) Refusal or neglect to give effect to any lawful decision of PhilRES or the National 3423
Directorate; 3424
3425
b) Infringement of any provision of these By-Laws, the National Code of Ethics and 3426
Responsibilities or any rule or regulation of Phi1RES; 3427
3428
c) Any final judgment, civil or criminal, for acts involving moral turpitude, fraud, 3429
misrepresentation, cheating or wrongful conversion of property; 3430
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d) Failure to pay his dues for at least three (3) years; 3431
3432
e) Loss of his/her membership status; 3433
3434
f) Any material non-disclosure or any misrepresentation of facts, details and/or 3435
circumstances pertaining to his application with Phi1RES would render the Member in 3436
Good Standing status of said member void; 3437
3438
g) Performing any act that is deemed an affront to public morals or any act that is generally, 3439
widely and socially unacceptable to norms of conduct and behaviour, or any act inimical 3440
to the interest of PhilRES and its members. 3441
3442
The National Directorate is mandated to act on a Resolution Recommendation for Action or 3443
Resolution Recommendation for Dismissal of Complaint by the Mediation, Conciliation and 3444
Arbitration Committee within thirty (30) working days from receipt of such written report and 3445
recommendation, if not, PhilRES shall lose jurisdiction over the case. 3446
3447
The National Directorate may adopt and prescribe additional rules of procedure, not contrary to 3448
law, on impeachment and expulsion cases or complaint proceedings brought before it. 3449
3450
3451
Section 124. Suspension of Membership in Good Standing 3452 Any member who fails to pay his annual membership due on time shall be considered not to be a 3453
Member in Good Standing. 3454
3455
Any member who fails to pay any regular or special assessments duly approved by the National 3456
Directorate or, such other unpaid obligations to Phi1RES, beyond ninety (90) days upon 3457
certification by the Treasurer shall be considered not to be a Member in Good Standing and the 3458
change of the member’s eligibility status shall be recommended to the Committee on 3459
Membership for appropriate actions. 3460
3461
Any member who is in arrears in the payment of any dues beyond ninety (90) days shall be 3462
notified by the Treasurer in writing thru a “Notice of Unpaid Obligations” informing him that he 3463
is not a member in good standing because of his accountability with PhilRES. 3464
3465
Such “Notice of Unpaid Obligations” shall include a demand for payment of his financial 3466
obligations immediately from receipt of such notification. 3467
3468
Removal of the member’s good standing status for non-payment of arrears beyond ninety (90) 3469
days after due notification as certified to by the Treasurer shall not require prior need to be 3470
coursed to the Mediation, Conciliation and Arbitration Committee for enforcement by the 3471
Membership Committee. 3472
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ARTICLE XXI. 3473
FUNDS and ACCOUNTS 3474
3475
Section 125. 3476 All monies of Phi1RES shall be deposited in the name of PhilRES in a savings, current or any 3477
kind of account with any bank or financial institution to be designated by the National 3478
Directorate. 3479
3480
The President or Treasurer shall always be a co-signatory for all accounts of PhilRES in any 3481
bank or financial institution. 3482
3483
The National Directorate shall designate the other alternate signatories in case of the un-3484
availability of the President or Treasurer to sign any withdrawal or disbursement of the funds of 3485
PhilRES. 3486
3487
No disbursements of PhilRES may be made in cash. All disbursements must bear the full name 3488
of the check payee/s. 3489
3490
No check disbursements shall be issued indicating “BEARER”, “CASH”, “and/or BEARER” 3491
or “and/or CASH” together with the name of the payee/s. 3492
3493
Except for regular administrative expenses which must always bear the certification by the Vice 3494
President for Administration in the check voucher request form, No funds of PhilRES will be 3495
disbursed without prior approval of the Board including but not limited to salary increases and 3496
bonuses of employees/staff. 3497
3498
3499
Section 126. Inspection of Account 3500 The books of accounts and records of PhilRES shall be open to inspection by any Regular 3501
Member of PhilRES at any time during business hours except Saturdays, Sundays and holidays. 3502
3503
Such inspection of books of accounts may only be allowed upon submission of a written request 3504
duly submitted to PhilRES Secretariat Office at least ten (10) working days prior to such 3505
inspection. 3506
3507
3508
Section 127. Fiscal Management & Control 3509 1. Annual PhilRES National Budget. 3510
3511
The PhilRES Annual National Budget for the ensuing year shall be prepared by the 3512
incoming Treasurer for presentation to the National Directorate for deliberation, approval 3513
and adoption. 3514
3515
2. The Annual National Budget must contain the following information, such as but not 3516
limited to: 3517
3518
a. a statement of estimated revenues for the ensuing calendar year; 3519
b. a statement of estimated expenditures for the ensuing calendar year; 3520
c. a comparative statement of last calendar year's annual budget with the ensuing 3521
calendar yea/s recommended budget 3522
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3. Fund Generation 3523
3524
The National Directorate may adopt policies related to donations, bequeaths and other 3525
contributions, special assessments on its members and other measures to raise funds for 3526
approved projects of the national organization based on PhilRES's plans and programs 3527
for the calendar year or long-term program/s. 3528
3529
4. Miscellaneous 3530
a. All title to, and interest in, the real, personal, and intangible property of the 3531
PhilRES imposed, granted, and conferred by the laws of the Republic of the 3532
Philippines and by these By-Laws is vested and shall remain solely in the 3533
PhilRES; no member shall have any right, title, or interest in such property at any 3534
time; 3535
3536
b. Unexpended and unencumbered revenue in a fund at the close of a calendar year 3537
shall be used only to further the objectives of the PhilRES, safeguard its future 3538
shall never be distributed as dividends or remuneration to any officers and or 3539
members; 3540
3541
c. No officer or member or non-member of PhilRES shall have any right, authority 3542
or power to expend any money of PhilRES, to incur any liability for and in its 3543
behalf, or to make any commitment that will or may be deemed to bind or 3544
involve the PhilRES in any expense or financial liability, unless such 3545
expenditure, liability or commitment has been authorized and budgeted by the 3546
National Directorate or by a specific resolution at a meeting duly called for the 3547
purpose, except that the National Directorate may provide for the adjustment and 3548
reallocation of accounts within the overall approved budget and for increased 3549
expenditures balanced by the increased revenues; 3550
3551
d. PhilRES shall at all times hold full title to, if not majority title and interest in any 3552
subsidiary or juridical entity (which in no case shall be less than seventy-five 3553
percent [75%] of ownership) that involves the operation and management of any 3554
business or non-business activity that involves such as, but not limited to, the 3555
operation, appropriation, use and/or utilization of the name, acronym or any 3556
intellectual property developed, acquired or granted to PhilRES or operational 3557
component or service component of the Philippine Institute of Real Estate 3558
Practitioners (PhilRES) Incorporated such as, but not limited to website/s, email 3559
address/es, multiple listing services, property listing services, professional 3560
bonding or insurance agency operation, online services and any tangible and/or 3561
intangible property of PhilRES. 3562
3563
e. To preclude any instance of conflict of interest, PhilRES shall at all times, use 3564
and employ only, professional staff and personnel that are not Regular Members 3565
of PhilRES in the operational, management and administration facilities and/or 3566
activities of PhilRES including those of the National Secretariat Staff and Local 3567
Chapter Secretariat Staff. 3568
3569
f. In acquiring real properties and securing loans, the National Directorate shall 3570
seek the prior approval by a 2/3 majority vote of the members of the National 3571
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Directorate in a meeting duly called for the purpose of such acquisition of real 3572
properties, securing of loans and mortgages. 3573
3574
g. If at any time prima facie evidence can be shown by any member regardless of 3575
membership status, to the Professional Regulatory Board of Real Estate Service 3576
(PRBRES) and/or to the Professional Regulation Commission (PRC) as 3577
contained in a verified Petition/Complaint, that funds were released or were being 3578
seriously misappropriated or that there exists a serious financial or fiduciary 3579
malfeasance, misfeasance or nonfeasance by the members of the National 3580
Directorate, the Professional Regulation Commission (PRC) if it deems proper in 3581
order to protect the interest of the general membership-at-large of PhilRES, may 3582
motu propio, immediately suspend the professional licenses of these members of 3583
the National Directorate. 3584
3585
Upon suspension of their licenses, the members affected would lose their 3586
“Member in Good Standing” status and therefore ineligible to hold on to their 3587
positions and subsequently their positions be automatically declared vacant. 3588
3589
h. If the Secretary General is one of those members whose licenses were suspended 3590
pursuant to Section 124(4)g Article XX of these By-Laws, the most senior 3591
National Administrative Officer of PhilRES-National shall temporarily take-over 3592
the day to day affairs and functions of PhilRES-National until a new Secretary 3593
General shall have been elected into office. 3594
3595
i. If the majority of the members of the National Directorate is affected by Section 3596
124(4)g Article XX of these By-Laws and therefore there is not enough members 3597
to constitute a valid quorum, the remaining members of the National Directorate 3598
not affected shall constitute themselves as an “Emergency PhilRES Ad Hoc 3599
Management Team” and conduct the day-to-day affairs and functions of 3600
PhilRES-National until a newly elected National Directorate shall have been 3601
elected into office to serve the remaining unexpired term of the office or position 3602
that they were elected into. 3603
3604
The Comelec shall immediately announce and call for a Special General 3605
Membership Meeting and Elections for the vacant National Trustee positions 3606
affected and shall be held not later than thirty (30) days from the existence of the 3607
vacancies. 3608
3609
3610
3611
ARTICLE XXII. 3612
EXCLUSIONS and EXCLUSIVITY 3613
3614
Section 128. 3615 PhilRES is an accredited and integrated national organization of licensed real estate practitioners 3616
and professionals, as well as accredited real estate salespersons who are governed, adhere to and 3617
abide by a strict code of ethics, responsibilities and professional conduct. 3618
3619
As such, exclusivity in the enjoyment of its amenities, functions and privileges to the exclusion 3620
of all others, must be maintained and preserved at all times in favour of its members. 3621
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1. Only Regular Members in Good Standing duly authorized in a formal board resolution 3622
by the National Directorate or by their respective Local Chapter Board of Trustees, as 3623
applicable, and performing official functions may enter into or sign any engagement or 3624
contract with third parties for and in behalf of PhilRES or any of its Local Chapters as 3625
applicable. 3626
3627
2. Non-members are explicitly and expressly excluded and barred from being appointed as 3628
representatives or attorneys-in-fact of PhilRES or any Local Chapter and sign any 3629
engagement or contract with third parties for and in behalf of PhilRES or any of its Local 3630
Chapters as applicable, unless explicitly and expressly allowed to do so by a two-thirds 3631
(2/3) affirmative vote of the members of the National Directorate. 3632
3633
No agreement, engagement or contract with third parties will be honoured by PhilRES 3634
that violates this expressed provision of these By-Laws. 3635
3636
3. Only members, special invited guest/s and paying guests may attend official functions 3637
and activities of PhilRES-National or its Local Chapter activities. 3638
3639
The interest of members shall always prevail over the interest of non-members, guests or 3640
special guests. For incidents involving special guests, utmost care and prudence should 3641
be exercised and the strict adherence to rules of protocol must be observed. 3642
3643
4. Any special invited guest/s and paying guests complained of by any Regular Member or 3644
Associate Members as allegedly disturbing any activity/ies or any proceeding/s of 3645
PhilRES-National or its Local Chapter shall be immediately barred and prevented from 3646
further attending any activity/ies or any proceeding/s of PhilRES-National or its Local 3647
Chapters without necessity of providing any proof or basis for such a claim or allegation. 3648
3649
Whenever necessary, the offending party or person being complained of shall be escorted 3650
out or ejected by force, whenever necessary, or with the assistance of any legitimate 3651
security or police authorities from the premises or locality where the activities or 3652
proceedings of PhilRES-National or its Local Chapters are being held. 3653
3654
Utmost care and prudence should be exercised and the strict adherence to rules of 3655
protocol must be observed in effecting these extreme measures. 3656
3657
5. Absolutely no committee or group identified as emanating from, created by, or 3658
sponsored by PhilRES-National or its Local Chapter shall include non-members 3659
(including spouses and children of members). 3660
3661
3662
3663
ARTICLE XXIII. 3664
RULES OF PROFESSIONAL CONDUCT 3665
3666
Section 129. 3667 1. To strengthen the foundation of the real estate service profession in the Philippines, there 3668
must be unity of purpose and a clear concept of the duties, obligations and 3669
responsibilities of all licensed real estate service professionals other professions, their 3670
clients or employer, to their colleagues in the profession, and to the public. These duties, 3671
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obligations and responsibilities include the maintenance of high standards of 3672
competence, integrity and most importantly, uprightness, righteousness and morality in 3673
their actions and functions. 3674
3675
2. For this purpose, the National Code of Ethics and Responsibilities as adopted and 3676
promulgated by the PRBRES as approved by the Professional Regulation Commission 3677
(PRC) at any time shall be made as an integral part of these By-Laws to which all 3678
members of PhilRES are obligated to abide by and adhere to. 3679
3680
3. Subject to the approval of the National Directorate, the Ethics and Discipline Committee 3681
shall establish such rules and regulations as may be necessary to enforce and implement 3682
the provision of this Article. 3683
3684
4. Booing, hooting, whistling, shouting or any form of loud vociferous or loud audible 3685
sound or annoyingly distracting physical activity that shall disturb the peace and 3686
tranquillity of proceedings in any formal meeting or convention shall be considered as a 3687
“very serious breach of professional etiquette and professional conduct”. 3688
3689
Upon finding of culpability after due notice and hearing, the offending member shall be 3690
meted with severe disciplinary sanctions that carry with it a minimum penalty of 3691
suspension as a bona fide member of PhilRES for a minimum period of six (6) months or 3692
for a longer period that shall be determined by the competent authority hearing and 3693
deciding in such proceedings. 3694
3695
3696
3697
ARTICLE XXIV. 3698
INDEMNIFICATION, REIMBURSEMENT and PAYMENT for LEGAL EXPENSES 3699
3700
Section 130. Indemnification 3701 1. The National Directorate may establish and implement policies, to the full extent 3702
permitted by law, for the payment, reimbursement, indemnification and advance release 3703
of monies and funds for the purpose of payment, reimbursement and indemnification of 3704
legal expenses of Trustees, officers, committee members and employees of PhilRES who 3705
due to the legal exercise of their functions, duties and responsibilities as Trustees, 3706
officers, committee members and employees of PhilRES incur, incurred or will incur 3707
expenses in connection with an action, suit, or proceedings that they will, or PhilRES 3708
will bring forth or will be brought forth or were brought against them. 3709
3710
These monies and funds may be released to the affected Trustees, officers, committee 3711
members and employees of PhilRES who shall avail of this provision of these By-Laws 3712
only under a special proviso and undertaking that requires that they shall immediately 3713
reimburse and pay back PhilRES immediately without need for demand when they have 3714
been found guilty of any infraction, offence, crime or Illegal administrative act, 3715
regardless whether such finding or conviction is final and executory. 3716
3717
2. Indemnification shall extend to all sums paid by the Trustees, officers, committee 3718
members and employees of PhilRES in the way of filing fees, certified true copies of 3719
records, judgments, amounts paid in settlement, and reasonable expenses (including 3720
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counsel fees) actually and necessarily incurred in connection with the action, suit, or 3721
proceeding a Trustee, officer, employee, or committee member of the PhilRES. 3722
3723
3. No money shall be paid by PhilRES under this Section except upon the affirmative vote 3724
of a majority of the National Directorate constituting a quorum. 3725
3726
3727
3728
ARTICLE XXV. 3729
CALENDAR YEAR 3730
3731
Section 131. 3732 The calendar year of PhilRES shall begin on the first day of January and shall end on the last 3733
day of December of each year. 3734
3735
3736
3737
ARTICLE XXVI. 3738
SEAL 3739
3740
Section 132. 3741 PhilRES shall adopt a seal where it shall be inscribed, “PHILIPPINE INSTITUTE of REAL 3742
ESTATE SERVICE PRACTITIONERS (PhilRES) INCORPORATED - AIPO 2011 -”. 3743
3744
3745
3746
ARTICLE XXVII. 3747
SEPARABILITY OF PROVISIONS 3748
3749
Section 133. 3750 Should any provision of these By-Laws or any part thereof be declared invalid or illegal, the 3751
other provisions, as they. are separable or are not affected, shall remain in force. 3752
3753
3754
3755
ARTICLE XXVIII. 3756
REPEALING CLAUSE 3757
3758 Section 134. Except as expressly provided for by these By-Laws, all rules and regulations or 3759
parts thereof inconsistent with any provision of these By-Laws and any subsequent provision as 3760
provided by law shall be deemed repealed. 3761
3762
3763
3764
ARTICLE XXIX. 3765
EFFECTIVITY 3766
3767
Section 135. 3768 These By-Laws. as hereby adopted, shall take effect immediately upon its approval by the 3769
Securities and Exchange Commission. 3770
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ARTICLE XXX. 3771
TRANSITORY PROVISIONS 3772
3773 Section 136. “Caretaker Officers and Caretaker National Directorate”. 3774
Prior to its recognition and accreditation by the Professional Regulation Commission (PRC) as 3775
the Accredited and Integrated Professional Organization (AIPO) for the Real Estate Service, the 3776
Founding Trustees/Incorporators/Interim AIPO Trustees of PhilRES shall be known as the 3777
“Caretaker National Directorate” and shall perform duties and responsibilities as any regularly 3778
elected Officers and Members of the Board of Trustees under the Corporation Code. Thereafter, 3779
an election among the Members and Trustees of PhilRES shall have to be conducted and those 3780
elected shall perform the assigned duties and responsibilities as the “Founding AIPO National 3781
Officers and National Directorate” until the First Regular National Election shall have been 3782
called for the purpose of electing the Regular National Officers and National Directorate of 3783
PhilRES. 3784
3785
Upon election of the “Founding AIPO National Officers and National Directorate”, the 3786
“Caretaker National Directorate” shall cease to perform their duties and responsibilities 3787
immediately. Subsequently, the “Caretaker National Directorate” of PhilRES shall turn-over to 3788
the newly elected and qualified National Officers the duties and responsibilities as National 3789
Officers and National Directors of AIPO. 3790
3791
3792
Section 137. 3793 The “Caretaker National Directorate” and/or the “Founding AIPO National Officers and 3794
National Directorate”, as applicable, shall formulate rules and guidelines that will govern and be 3795
the basis of calling the “First Regular General Membership National Convention and Elections” 3796
and shall be called on a date and time to be announced by the “Caretaker National Directorate” 3797
and/or the “Founding AIPO National Officers and National Directorate”, as applicable. This is 3798
in conformity with R. A. 9646 and its Implementing Rules and Regulations and PRC Resolution 3799
2004-178. 3800
3801
3802
Section 138. Immediate Organization of Local Chapters Upon Recognition and Approval 3803
of PhilRES as AIPO and Announcement of the Holding of the “First Regular 3804
General Membership National Convention and Elections” for National 3805
Officers and National Board of Trustees 3806 The “Founding AIPO National Officers and National Directorate” upon the effectivity of its 3807
recognition and accreditation as the AIPO, shall formally announce the acceptance of new 3808
members and act on applications for accreditation of local chapters on provinces, cities and/or 3809
First Class Municipalities. 3810
3811
The “Founding AIPO National Officers and National Directorate” shall assess and evaluate, 3812
upon the recommendation of the Membership, Chapter Development and Chapter Affairs 3813
Committees, all applications to be accredited as Local Chapters in the provinces, cities or First 3814
Class Municipalities. 3815
3816
1. PhilRES shall accept individual applications for membership of eligible applicants who 3817
are not yet members of any local chapter. Provided, that these individual applicants 3818
applying for membership, shall have all the necessary documentary requirements 3819
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attached in their applications and the payments of the required fees & other assessments 3820
in pursuance to Section 139 Article XXX of these By Laws. 3821
3822
Upon approval of the individual members to PhilRES, the latter shall assign the new 3823
individual members to Local Chapters it deems necessary and proper. 3824
3825
These new members may opt to transfer to other Local Chapters of their choice only 3826
after the conduct of the “First Regular General Membership National Convention and 3827
Elections” for National Officers and the National Directorate. Applicants for a Local 3828
Chapter shall formally communicate its intent to the National Directorate to set-up a 3829
New Local Chapter. 3830
3831
3832
2. Applicants of a Local Chapters shall execute an Unconditional Undertaking to adopt the 3833
standard Articles of Incorporation and By-Laws approved by the National Directorate for 3834
all Local Chapters of PhilRES with no exceptions thereto whatsoever. 3835
3836
3837
3. Applicants for Local Chapters must have at least a minimum of fifteen (15) Regular 3838
Members, who possess the eligibility qualifications as required in this Transitory 3839
Provision and as further provided for in Section 139 Article XXX of the PhilRES By 3840
Laws. 3841
3842
3843
4. Applicants for Local Chapters must submit a duly accomplished and filled-up Members 3844
Information Record of the proposed Local Chapter, incorporating therein the photocopies 3845
of their valid Certificate of Registration and Professional Identification Card or PRC 3846
Certificate of Registration and Professional Identification Card Claim Stub. 3847
3848
3849
5. Applicants for Local Chapters shall be acted upon and may be approved or denied 3850
depending upon the evaluation of the National Directorate and the joint 3851
recommendations of the Chapter Development, Chapter Affairs and the Membership 3852
Committees. 3853
3854
3855
6. Applicants for Local Chapters shall pay simultaneously all required dues and fees upon 3856
their submission of their applications to form local chapters. Said fees paid to PhilRES 3857
are forfeitable in case the application for Local Chapters are denied. 3858
3859
3860
7. The approved Local Chapter/s shall be registered with the Securities and Exchange 3861
Commission (SEC), affixing therein the national association’s name as “PhilRES-”. 3862
3863
3864
8. This transitory provision for the organization, creation or approval of Local Chapters and 3865
acceptance of Regular Members shall commence and be applicable only upon the 3866
effectivity of the recognition of PhilRES as the AIPO by the PRC and shall cease thirty 3867
(30) days prior to the holding of the “First Regular General Membership National 3868
Convention and Elections” for Officers and the National Directorate. 3869
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The regular provisions for the organization, creation or approval of Local Chapters and 3870
acceptance of Regular Members shall thereafter apply after the holding of the “First 3871
Regular General Membership National Convention and Elections” for Officers and the 3872
National Directorate . 3873
3874
3875
9. After accreditation as the AIPO by PRC, the “Founding AIPO National Officers and 3876
National Directorate” will endeavour to call the “First Regular General Membership 3877
National Convention and Elections” for National Officers and National Directorate 3878
within ninety (90) calendar days upon its determination of the existence of the 3879
appropriate condition and environment to hold the “First Regular General Membership 3880
National Convention and Elections” for National Officers and National Directorate. 3881
3882
3883
Section 139. Minimum Qualifications of Regular Members Eligible To Be Accepted and 3884
Admitted as Regular Members of New Local Chapters as provided for in the 3885
Transitory Provisions of Section 138 Article XXX of the PhilRES By Laws 3886 The following provisions shall govern the basic eligibility qualification of an applicant for 3887
Regular Membership: 3888
3889
1. Those real estate service practitioners who have already signed in the Roster of 3890
Registered Professionals with the Professional Regulation Commission (PRC) and those 3891
who have already been issued their respective Professional Identification Card (ID) and 3892
Certificate of Registration prior to the holding of the “First Regular General Membership 3893
National Convention and Nominations” for Officers and National Directorate. 3894
3895
3896
2. Those persons whose names appear in the list/s of approved applicants for licensing 3897
without examinations published and/or officially announced by the Professional 3898
Regulation Commission (PRC) either in newspapers or in its official website. Likewise, 3899
those who have already signed the Roster of Registered Professionals with the 3900
Professional Regulation Commission (PRC) but have not been issued their respective 3901
Professional Identification Card (ID) and Certificate of Registration prior to the holding 3902
of the “First Regular General Membership National Convention and Nominations” for 3903
Officers and National Directorate. 3904
3905
3906
3. Those examinees whose names appear in the list/s of examinees who successfully passed 3907
the licensure examinations for real estate service practitioners published and/or officially 3908
announced by the Professional Regulation Commission (PRC) either in newspapers or in 3909
its official website. Likewise, those who have signed the Roster of Registered 3910
Professionals at the office of the Professional Regulation Commission (PRC) and have 3911
been issued their respective Professional Identification Card (ID) and Certificate of 3912
Registration prior to the holding of the “First Regular General Membership 3913
Nominations” for Officers and National Directorate. 3914
3915
3916
4. Those examinees whose names appear in the list/s of examinees who successfully passed 3917
the licensure examinations for real estate service practitioners published and/or officially 3918
announced by the Professional Regulation Commission (PRC) either in newspapers or in 3919
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13 July 2011
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Practitioners (PhilRES) Incorporated
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its official website. Likewise, those who have signed the Roster of Registered 3920
Professionals at the office of the Professional Regulation Commission (PRC) but have 3921
not been issued their respective Professional Identification Card (ID) and Certificate of 3922
Registration prior to the holding of the “First Regular General Membership National 3923
Nominations” for Officers and National Directorate. 3924
3925
3926
5. The above-enumerated Members must have paid the required Membership Application 3927
and Processing Fees and other required fees, dues and assessments to be qualified. 3928
3929
3930
Section 140. Local Chapters & Regular Members In Good Standing Pursuant to the 3931
Transitory Provisions in the conduct of the “First Regular General 3932
Membership National Convention and Elections” for National Officers and 3933
National Board of Trustees of PhilRES 3934 All Local Chapters organized, created or approved prior to the holding of the “First Regular 3935
General Membership National Convention and Elections” pursuant to and consistent with the 3936
Transitory Provisions of Section 138 Article XXX and Section 139 Article XXX shall be 3937
automatically classified as Local Chapters in Good Standing. Accordingly, all its Founding and 3938
Chapter Members shall be automatically classified as Members in Good Standing. 3939
3940
Effectivity and implementation of the Provisions of Section 21 Article IV are held in abeyance 3941
under the Transitory Provision of Sections 138 & Section 139, Article XXX of PhilRES By 3942
Laws. 3943
3944
3945
Section 141. Eligible Nominees For the “First Regular General Membership National 3946
Convention and Elections” of PhilRES 3947 PhilRES, the AIPO, will endeavour to call the “First Regular General Membership National 3948
Convention and Elections” for National Officers and National Directorate within ninety (90) 3949
calendar days upon its determination of the existence of the appropriate condition and 3950
environment to hold the “First Regular General Membership National Convention and 3951
Elections” for National Officers and National Directorate “First Regular General Membership 3952
National Convention and Elections. 3953
3954
All Founding Trustees/Incorporators/Interim AIPO Trustees of PhilRES shall automatically be 3955
eligible to be members who can be endorsed as Local Chapter official nominees of the Local 3956
Chapter where they are Regular Members. Appointed members of “Comelec” are disqualified 3957
and are not eligible to be a nominee of the Local Chapter where they are Regular Members. 3958
3959
All Members in Good Standing of Local Chapters as certified to by the Local Chapter Secretary 3960
and approved by the Comelec, pursuant to the Transitory Provisions of Section 140 Article XXX 3961
are automatically eligible to be included among the members that can be endorsed as Local 3962
Chapter official nominee representatives for submission to and approval by the Comelec. These 3963
nominees are eligible to issue and receive proxy/ies. 3964
3965
The eligible members of the Local Chapter shall select their official nominees. Said nominees 3966
shall be included in the “Certified List of Qualified and Eligible Candidates to the National 3967
Election”. The nomination shall be done by a secret ballot, of the Local Chapter Members in 3968
Good Standing. 3969
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13 July 2011
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Only one (1) eligible Local Chapter Member, receiving the highest number of votes cast by 3970
secret ballot, of Local Chapter members in good standing, may be nominated for any of the 3971
following national elective positions, to wit: 3972
3973
1. Chairman of the Board; 3974
2. Vice-Chairman of the Board; 3975
3. President; 3976
4. Executive Vice-President; 3977
5. Vice President for Consultants; 3978
6. Vice President for Appraiser; 3979
7. Vice President for Brokers; 3980
8. Vice President for Government Assessors; 3981
9. Vice President for Government Appraisers; 3982
10. Vice President for Treasury; 3983
11. Vice President for Membership; 3984
12. Vice President for Chapter Development & Chapter Affairs; 3985
13. Vice President for Administration; 3986
14. Vice President for Internal Audit; 3987
15. Regional Vice-President; 3988
16. Secretary General; 3989
3990
That thirty (30) calendar days prior to the conduct of the “First Regular General Membership 3991
National Convention and Elections” the Local Chapter Secretary shall submit to Comelec the 3992
“Certified List of Local Chapter Members in Good Standing” who are eligible to become 3993
nominees in the respective positions in PhilRES, pursuant to the Transitory Provisions of 3994
Section 140 Article XXX of PhilRES By Laws. 3995
3996
Of the submitted “Certified List of Local Chapter Roster of Qualified and Eligible Candidates to 3997
the National Elections” Comelec shall evaluate from the list submitted and upon its discretion, 3998
to approve or disapprove any nominee endorsed based on qualifications. 3999
4000
Upon official announcement by Comelec of the “National Roster of Qualified and Eligible 4001
Candidates to the National Elections” all the eligible nominees listed therein shall become the 4002
final and official roster of candidates who will be voted upon by all qualified members. 4003
Nominees must be physically present during the election day. 4004
4005
The “National Roster of Qualified and Eligible Candidates to the National Elections” shall be 4006
issued and released by the Comelec seven (7) days prior to the holding of the “First Regular 4007
General Membership National Convention and Elections”. 4008
4009
4010
Section 142. Transitory Eligibility Provisions for Regular Members Eligible To Vote, 4011
Give Proxy and/or Receive Proxy/ies for the “First Regular General 4012
Membership National Convention and Elections” 4013 The “First Regular General Membership National Convention and Elections” shall be held at a 4014
time and place most convenient and practicable to PhilRES and its members as determined by 4015
the Founding AIPO National Directorate. 4016
4017
At least thirty (30) calendar days prior to the conduct of the “First Regular General Membership 4018
National Convention and Elections” the Local Chapter Secretary shall issue and shall submit to 4019
Amended Articles of Incorporation And New By-Laws
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13 July 2011
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Comelec a “Certified List of Local Chapter Members in Good Standing With Voting 4020
Eligibilities” pursuant to the Transitory Provisions of Section 140 Article XXX. 4021
4022
The “Certified List of Local Chapter Members in Good Standing With Voting Eligibilities” 4023
shall be subject to the qualification of and approval by the Comelec that shall be eligible to vote, 4024
give proxy and/or receive proxy/ies on the day of elections for the “First Regular General 4025
Membership National Convention and Elections”. 4026
4027
The consolidated roster of “Certified List of Members in Good Standing With Voting 4028
Eligibilities” per Local Chapter shall be issued and released by the Comelec seven (7) days prior 4029
to the holding of the “First Regular General Membership National Convention and Elections”. 4030
4031
4032
Section 143. Transitory Eligibility Provisions for New Regular Members other than Local 4033
Chapter Founding Members To Be Eligible to Vote 4034 New Regular Members may be admitted into the New Local Chapters and be eligible to vote, 4035
give proxy and/or receive proxy/ies prior to the conduct of the “First Regular General 4036
Membership National Convention and Elections” subject to the provisions contained herein this 4037
Section 143 Article XXX. 4038
4039
Aside from the payment of the compulsory required membership application fees, membership 4040
processing fees, Local Chapter Regular Membership Fees and the National Membership fees, 4041
new Regular Member applicants into the newly organized Local Chapters must possess the 4042
eligibility qualifications pursuant to Section 19 Article IV of these By Laws except for 4043
Paragraph 1 Section 19 Article IV of these By Laws to be accepted and admitted as Regular 4044
Members. 4045
4046
In lieu of the provisions of Paragraph 1 Section 19 Article IV of these By Laws, the following 4047
provisions shall govern the basic eligibility qualification of a Regular Member applicant into the 4048
newly organized Local Chapter: 4049
4050
1. Those real estate service practitioners who have already signed the Roster of Registered 4051
Professionals at the office of the Professional Regulation Commission (PRC) and who 4052
have already been issued their respective Professional Identification Card (ID) and 4053
Certificate of Registration prior to the holding of the “First Regular General Membership 4054
National Convention and Elections” for National Officers and National Directorate and 4055
other qualifications as approved by the Comelec. 4056
4057
4058
2. Those persons whose names appear in the list/s of approved applicants for licensing 4059
without examinations published and/or officially announced by the Professional 4060
Regulation Commission (PRC) either in newspapers or in its official website who have 4061
already signed the Roster of Registered Professionals at the office of the Professional 4062
Regulation Commission (PRC) but have not been issued their respective Professional 4063
Identification Card (ID) and Certificate of Registration prior to the holding of the “First 4064
Regular General Membership National Convention and Elections” for National Officers 4065
and National Directorate and other qualifications as approved by the Comelec. 4066
Amended Articles of Incorporation And New By-Laws
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Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
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3. Those persons whose names appear in the list/s of examinees who successfully passed 4067
the licensure examinations for real estate service practitioners published and/or officially 4068
announced by the Professional Regulation Commission (PRC) either in newspapers or in 4069
its official website and have signed the Roster of Registered Professionals at the office of 4070
the Professional Regulation Commission (PRC) and have been issued their respective 4071
Professional Identification Card (ID) and Certificate of Registration prior to the holding 4072
of the “First Regular General Membership National Convention and Elections” for 4073
National Officers and National Directorate and other qualifications as approved by the 4074
Comelec. 4075
4076
4077
4. Those persons whose names appear in the list/s of examinees who successfully passed 4078
the licensure examinations for real estate service practitioners published and/or officially 4079
announced by the Professional Regulation Commission (PRC) either in newspapers or in 4080
its official website and have signed the Roster of Registered Professionals at the office of 4081
the Professional Regulation Commission (PRC) but have not been issued their respective 4082
Professional Identification Card (ID) and Certificate of Registration prior to the holding 4083
of the “First Regular General Membership National Convention and Elections” for 4084
National Officers and National Directorate and other qualifications as approved by the 4085
Comelec. 4086
4087
4088
5. The Regular Members must have paid their required Membership Application Fees, 4089
Processing Fees and National Annual Membership Dues and Local Chapter Annual 4090
Membership Dues to be qualified to vote. 4091
4092
At least thirty (30) calendar days prior to the conduct of the “First Regular General Membership 4093
National Convention and Elections” the Local Chapter Secretary shall issue and submit to the 4094
Comelec a “Certified List of Local Chapter Members in Good Standing With Voting 4095
Eligibilities” pursuant to the Transitory Provisions of Sections 140-142 Article XXX. 4096
4097
The “Certified List of Local Chapter Members in Good Standing With Voting Eligibilities” 4098
shall be subject to the qualification of and approval by the Comelec that shall be eligible to vote, 4099
give proxy and/or receive proxy/ies on the day of elections for the “First Regular General 4100
Membership National Convention and Elections”. 4101
4102
4103
Section 144. 4104 Comelec shall prescribe and promulgate the rules and procedures that will determine the 4105
veracity of documents presented to it, including ascertaining the eligibility of the members of 4106
the Local Chapter. These are real estate service practitioners, exercising the right to nominate, 4107
to be nominated, to vote and be voted upon and to give and receive proxy/ies as prescribed in the 4108
Transitory Provisions of Article XXX. 4109
4110
Effectivity and implementation of Section 21(b) Article IV of these By-Laws and Section 93 4111
(1a) Article XIV of PhilRES By-Laws are held in abeyance and will be applicable only after the 4112
holding of the Regular Nominations and Elections of Officers and Members of the Board of 4113
Trustees of PhilRES which be called by the Interim Board of Trustees. 4114
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13 July 2011
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13 July 2011
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Section 145. 4115 Effectivity and implementation of Section 21(b) Article IV of these By-Laws is applicable only 4116
upon the holding of the Regular Nominations and Elections of Officers and National Directorate 4117
of PhilRES in selecting the Local Chapter official nominee for Associate Members. The same 4118
shall held in abeyance and the date of the selection of the said Associate Member representative 4119
to the Board will be announced by the Interim Board of Trustees. 4120
4121
4122
Section 146. 4123 Sections 86 (1 & 2) Article XIV of these By-Laws shall be applicable only upon the holding of 4124
Regular Nominations and Election of Officers and the Members of the National Directorate of 4125
PhilRES for the calendar 2014 and onwards. 4126
4127
Prior to the holding of the Regular Nominations and Election of Officers and Members of the 4128
National Directorate of PhilRES for the year 2014, any Regular Members in Good Standing of 4129
PhilRES shall be eligible to be endorsed to Comelec for inclusion into the National Roster of 4130
Qualified and Eligible Candidates. 4131
4132
4133
Section 147. 4134 The observance of the eligibility of candidates on a regional rotation basis requirement is 4135
mandatory as prescribed in Section 89 Article XIV of these By-Laws. This is applicable to 4136
positions of Chairman and Vice Chairman of the Board of Trustees of PhilRES for the calendar 4137
year 2014 and onwards. 4138
4139
4140
Section 148. 4141 The observance of the eligibility of candidates on a regional rotation basis requirement is 4142
mandatory as prescribed in Section 90 Article XIV of these By-Laws. This is applicable to 4143
positions of President and Executive Vice President of PhilRES for the calendar year 2014 and 4144
onwards. 4145
4146
Prior to the holding of the Regular Nominations and Election of Officers and Members of the 4147
National Directorate of PhilRES for the year 2014, any Regular Members in Good Standing of 4148
PhilRES shall be eligible to be endorsed to Comelec for inclusion into the National Roster of 4149
Qualified and Eligible Candidates to the National Elections as the Local Chapter nominees for 4150
election into the position of President and Executive Vice President of the National Directorate 4151
of PhilRES. 4152
4153
4154
4155
ARTICLE XXXI. 4156
AMENDMENTS of the BY-LAWS 4157
Section 149. Amendments 4158 These By-Laws, or any provision thereof, may be amended and adopted or repealed by a 4159
majority vote of the Members in Good Standing and by a majority vote of the Trustees at any 4160
Regular General Membership Meeting or Special General Membership Meeting duly held for 4161
the purpose. 4162
4163
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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Philippine Institute of Real Estate Service
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13 July 2011
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Adopted this 13th
day of May, 2010 in Quezon City, Republic of the Philippines by the 4164
affirmative vote of the undersigned members representing a majority of all the Members of 4165
PhilRES in Good Standing and the affirmative vote of a majority of the Members of the 4166
National Directorate in a meeting duly held for the purpose. 4167
4168
4169
4170
4171
SGD: Pilar Torres-Banaag SGD: Florentino S. Dulalia, Jr. 4172
Trustee/Chairman Trustee/President 4173
TIN 120-478-582 TIN 165-424-216 4174
4175
4176
4177
SGD: Julius G. Topacio SGD: Mario G. Magcalas 4178
Trustee/Treasurer Trustee/VP Govt Appraisers 4179
TIN 111-972-908 TIN 138-201-751 4180
4181
4182
4183
SGD: Amelita E. Sarmiento SGD: Juan B. Dayag 4184
Trustee/Corp. Secretary Trustee/VP-Appraisers 4185
TIN 142-997-142 TIN 250-910-957-010 4186
4187
4188
4189
SGD: Enrico Melchor G. Sevilla SGD: Marissa P. Magsino 4190
Trustee/VP-Consultants Trustee/Public Info. Off. 4191
TIN 136-387-250 TIN 179-213-354 4192
4193
4194
4195
SGD: Abundio C. Gultiano, Jr. SGD: Mary Gaw So 4196
Trustee/VP-Brokers Trustee/VP-Admin 4197
TIN 080-171-980-518 TIN 184-874-577 4198
4199
4200
4201
SGD: Genaro N. Flores SGD: Ernesto M. Angeles 4202
Trustee Trustee/VP Finance 4203
TIN 138-052-185 TIN 145-662-419 4204
4205
4206
4207
SGD: Gener R. Sison SGD: Nestor P. Quiambao 4208
Trustee/VP-Govt Assessors Trustee 4209
TIN 129-094-811 TIN 130-235-077 4210
4211
4212
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Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
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4213
4214
SGD: Nelson E. Parreno SGD: Evangeline M. De Jesus 4215
Trustee Trustee/Asst. Corp, Sec. 4216
TIN 126-156-321 TIN 129-252-633 4217
4218
4219
4220
SGD: Maria Teresita B. Canlas SGD: Joselito C. Caballero 4221
Trustee Trustee 4222
TIN 164-955-743 TIN 134-634-816 4223
4224
4225
4226
SGD: Oscar J. Galipot SGD: Alejandro S. Manalac 4227
Trustee Trustee/Asst. Treasurer 4228
TIN 131-081-722 TIN 136-817-560 4229
4230
4231
4232
SGD: Roche U. Rigos 4233
Trustee/VP Membership 4234
TIN 147-848-121 4235
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Philippine Institute of Real Estate Service
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13 July 2011
Page 93 of 94
Amended Articles of Incorporation And New By Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
Page 93 of 94
TRUSTEES' CERTIFICATE 4236
4237 We, the undersigned, constituting a majority of the members of the National Directorate, and 4238
the Corporate Secretary, hereby certify that the foregoing Amended Articles of Incorporation 4239
and New By-Laws of the Philippine Institute of Real Estate Service Practitioners (PhilRES) 4240
Incorporated dated 13 July 2011 is a true and correct copy of the Amended Articles of 4241
Incorporation and New By-Laws adopted by PhilRES upon the affirmative vote of the 2/3 of 4242
the members in good standing and affirmative vote of the majority of the Members of the 4243
National Directorate during a joint Regular National Directorate Meeting and Special General 4244
Membership Meeting held at 1pm– 6 p.m. 13 July 2011 PhilRES Office at #139 Matahimik 4245
St., UP Village, Quezon City, Metro Manila 1100, Philippines. 4246
4247
IN WITNESS WHEREOF, we have hereunto signed, and the Corporate Secretary has 4248
countersigned this Certificate in Quezon City, Metro Manila, Philippines, this 13th
day of July 4249
2011. 4250
4251
4252
Pilar M. Torres-Banaag Gener R. Sison 4253
Trustee/Chairman Trustee/President 4254
TIN 120-478-582 TIN 129-094-811 4255
4256
4257
Mario V. Badillo Emilie Q. Duterte 4258
Trustee/Vice Chairman Trustee/Exec. Vice President 4259
TIN 140-512-323 TIN 117-757-866 4260
4261
4262
Josefina D. Magumcia Amelita E. Sarmiento 4263
Trustee/Corp. Secretary Trustee 4264
TIN 110-232-180 TIN 142-997-142 4265
4266
4267
Enrico Melchor G. Sevilla Marissa P. Magsino 4268
Trustee/VP-Consultants Trustee/ 4269
TIN 136-387-250 TIN 179-213-354 4270
4271
4272
Abundio C. Gultiano, Jr. Evangeline M. De Jesus 4273
Trustee/VP-Brokers Trustee 4274
TIN 080-171-980-518 TIN 129-252-633 4275
4276
4277
Nestor P. Quiambao Nelson E. Parreno 4278
Trustee Trustee 4279
TIN 130-235-077 TIN 126-156-321 4280
4281
4282
Maria Teresita B. Canlas Joselito C. Caballero 4283
Trustee /Trustee Trustee 4284
TIN 164-955-743 TIN 134-634-816 4285
Amended Articles of Incorporation And New By-Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
Page 94 of 94
Amended Articles of Incorporation And New By Laws
Philippine Institute of Real Estate Service
Practitioners (PhilRES) Incorporated
13 July 2011
Page 94 of 94
4286
Oscar J. Galipot Florentino S. Dulalia, Jr. 4287
Trustee Trustee 4288
TIN 131-081-722 TIN 165-424-216 4289
4290
4291
Jose Julius M. G. Topacio Mario G. Magcalas 4292
Trustee Trustee/VP Govt Appraisers 4293
TIN 111-972-908 TIN 138-201-751 4294
4295
4296
Carolina Q. Alvarez Remigio C. Ramirez 4297
Trustee Trustee 4298
TIN 119-453-928 TIN _____________ 4299
4300
4301
Albert D. Mercado . 4302
Trustee 4303
TIN _____________ 4304
4305
4306
4307
Certified true and correct: 4308
Josefina D. Magumcia 4309
TIN 110-232-180 4310
Corporate Secretary 4311
4312
4313
4314
4315
ACKNOWLEDGMENT 4316
4317
REPUBLIC OF THE PHILIPPINES ) 4318
Quezon City ) 4319
4320
BEFORE ME, Notary Public for and in Quezon City, Metro Manila, Philippines, 4321
personally appeared Josefina D. Magumcia with TIN 110-232-180 known to me and to me 4322
known to be the same person who executed the foregoing Trustees’ Certificate and 4323
acknowledged to me that the same is their own free and voluntary act and deed. 4324
4325
WITNESS MY HAND AND SEAL this 13th
day of July 2011, at Quezon City, Metro 4326
Manila, Philippines. 4327
4328
Doc. No. _____ 4329
Page No. _____ 4330
Book No. _____ 4331
Series of 2011 4332