Real estate association is an industry body of agents and brokers that
unite for the purpose of effectively exerting combined influence upon matters
affecting real estate industry. The association can also provide
trainings to other estate agents, seek to influence the government, produce
market research, and operate multiple listing services for the benefit of its
members. Real estate associations operate as independent organizations
with a budget and leadership approved by the members. Starting a real estate
association is very easy. You can start as informal gathering and grow it to
formalized arrangement with officials and membership dues and later have
permanent staff.
Associations are registered under the
Societies Act in Kenya by the Registrar of Societies. This is the procedure of
registration.
1. Name
Search: Have an official name search and secure the
proposed name of the association. A name search is conducted to ascertain
if proposed names are available for registration. This is a guideline on how
to conduct the association name search.
2. Visit the offices of the Registrar of
Societies in the Registrar General Division of the office of the Attorney
General to make the application for registration. Here you will be given
application forms to make the application.
These forms include;
i. Application
for Registration of Society Form
A
ii. Notification
of Registered Office Or Postal Address Of A Society Form
B
iii. Specimen
constitution for a society : Specimen
constitution for a society
3. Drafting
of the Constitution. Preparation of the
proposed constitution of the Society. A guideline is provided in the Act
4. Submit your application documents, societyâs constitution, required documents and application fee of
Ksh.2000 payment receipt to the office of registrar of societies.
Requirements for registration of a real
estate association.
i. A
list of designated members ( 10 members minimum);
ii. The
names, occupation and postal addresses of the officials Chairman, treasurer and
secretary;
iii. Constitution
of the society which must contain name, postal address and objects of the
society;
iv. Application
form A and B each in duplicate signed by three of the officers.
v. Copies
of the ID, PIN and Passport photo of the officials.
vi. Application
fee of Ksh. 2000
The processing of the application takes a
maximum of 120 days to be ready. If the application is approved a certificate
of registration of the association is then issued. If the application does not
comply with the societies rules a Notice of refusal is issued.
Every registered society shall furnish the
Registrar annually, the annual returns of the previous year by filing in the
prescribed form and at a prescribed fee based on the number of members of the
society.
The Registrar of Societies office is located
in sharia House, Harambee Avenue, Nairobi. For more information call +254-2-2227461/2251355
/0711 9445555/0732 529995 or send an email to [email protected]. You can also
check their website on https://www.statelaw.go.ke