Montenegro is implementing a new draft law requiring mandatory cooperation with real estate agencies for property sales and advertising.
Important Changes: Montenegro Introduces Mandatory Cooperation with Real Estate Agencies!
Montenegro authorities also plan to establish an official registry of licensed real estate agents and introduce mandatory exams to confirm their qualifications.
What is this done for?
This change aims to structure the market and improve service quality, addressing issues of legal uncertainty and lack of insurance.
It is projected that such a step will increase trust among buyers and sellers while also contributing to rising property prices.
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