• Republic of the Philippines

is

DEPARTMENT OF FINANCE Roxas Boulevard Corner Pablo Ocampo, Sr. Street Manila 1004

DEPARTMENT ORDER NO. J(-,W0 1 October 2010

Subject:

Deputizing the Bureau of Local Government Finance (BLGF) to Certify Trainings on Real Property Valuation/Appraisal for Assessors and Appraisers in the Local Government Units (LGUs), Pursuant to Sec. 20c of Republic Act No. 9646, Otherwise Known as the Real Estate Service Act (RESA)

WHEREAS, Republic Act No. 9646, otherwise known as the Real Estate Service Act (RESA), mandates the professionalization and regulation of real estate service practitioners, including assessors and appraisers in the government service, under the Professional Regulation Commission (PRC), through the Professional Regulatory Board of Real Estate Service (PRBRES); WHEREAS, the application for registration without examination or automatic licensure of real estate service practitioners has already commenced, following the publication of the Implementing Rules and Regulations (IRR) of RESA on July 24, 2010; WHEREAS, in granting the automatic licensure for assessors, assistant assessors, and appraisers in government service, Sec. 20c of RESA and its IRR mandates the Department of Finance (DOF) to certify trainings on real property appraisal for assessors and appraisers in the government service; WHEREAS, the DOF oversees the appraisal and assessment work for the local government units (LGUs) by promulgating rules and regulations for the classification, appraisal, and assessment of real property, pursuant to Sec. 201 of Republic Act No. 7160, otherwise known as the Local Government Code of 1991. WHEREAS, the Bureau of Local Government Finance (BLGF) exercises technical supervision and coordination of assessment operations in the LGUs, pursuant to Sec. 33, Chapter 4, Title II of Executive Order No. 292, otherwise known as the Administrative Code of 1987, and conducts and oversees trainings on real property valuation/appraisal and assessment; .WHEREAS, in the interest of the service and for purposes of expediency in facilitating the accreditation requirements of the PRC/PRBRES for concerned local government practitioners, deputizing the certification function by DOF to the BLGF is necessary; NOW, THEREFORE, in consideration of the foregoing, the BLGF is hereby deputized to certify trainings on real property valuation/appraisal, pursuant to the requirements of Sec. 20(c) of RESA and its IRR. in the City of Manila, this 1"t of October 2010.

CESAR V. PURISIMA

SecrejM92 9

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