History
It accommodates only licensed members of the Real Estates Registration Association
Senior Member of the International Real Estate Professions Federation
It's the only professional Real Estate Association in Cyprus which numbers 185 licensed members.
The Association's basic aims are:
- The protection and promotion of the non-profit real estate interests
- The organization, co-ordination and co-operation of the real estate agents for support and promotion of their non-profit interests
- The briefing in all the Lawmaking, Administrative, Urban planning and other measure provisions, Proposals or Law-plans that affect the growth of any motionless property and the real estate section
- The implementation of the real estate deontology code
- The growth of a co-operation or connection with other organizations that comprise the same relevant aims
The real estate agent profession has been assured by the
legislation 66/87. With the legislation some legal frames have
been placed in the profession exercise. It presupposes
punishments in anyone that exercises the profession without
being qualified enough and do not has the relevant license which
is predicted by the legislation.
Although the existence of the law, the association faces in much
the illegal exercise of the real estate profession and tries in
each possible way to stop that illegal phenomenon.
By having in mind the CREAA statute, the Administrative Council
is elected every two years in the association's General
Assembly. The A. Council works by having in mind the internal
regulations. It comes together once a moth and sees to various
subjects/problems that concern the real estate sector in
general, especially the association's members.
Members of the Association can be registered ONLY if they are
licensed real estate agents.
The real estate agent license is given by the Real Estates
Registration Association, which is established with the relevant
legislation.
In the Association there are some committees working such as the
Executive, Arbitrator and at place Provincial Committees.

