For any company to perform any meaningful and economical business, it needs to be properly registered with the relevant authorities and government agencies. To this end, it will be prudent for the potential entrepreneurs to engage the services of a qualified practicing advocate of the high court to guide them on this all important legal process. Such a lawyer should be admitted to the bar and be in possession of a current practicing certificate from the regulatory body. This will ensure that the process is not marred by incompetence that could lead to the rejection of the registration documents at the registrar’s office. See post for more topics discussed on Incorporation of a Real Estate Agent and further inquiries.
There have been cases where pretenders to the throne have misled innocent and unsuspecting members of the public and swindled them off their hard earned money by making them believe that they are in a position to prepare such documents that are water tight and competent enough to withstand the stringent screening that goes on at the registrar’s office. In the end, the documents are discovered to be as defective as they are irregular. As a result, the entrepreneur will have to go back to the drawing board and start the process afresh. A competent lawyer will start by requiring the company promoters to provide the potential names of the company. To this end, the real estate agents will be required to furnish at least three names for the company. The lawyer will commence by writing to the registrar to furnish their office with a search in regard to the names. This helps the lawyer to make a rational and informed decision on whether to proceed with the registration process or to stop and request the agents to look for alternative names. If the names will be approved as fit for the registration, then the registrar will issue a notification to the effect that the names have been reserved for registration and for a particular period of time. If the period lapses before any process have been commenced, the natural consequence will be that the process will have to start afresh again. See Page Sunshine Coast Real Estate Management for more detailed information on Real Estate Agent Company.
This means that the lawyer will have to act fast and in the best interest of their client. They will have to prepare all the registration documents as soon as it is practicable. This will be followed by presentation of such documents for assessment and subsequent registration of the same. At this juncture, the registrar may require the company owners to pay a certain fee to enable the process continue.
When the fee has been paid and everything has been confirmed to be in order, the process will kick off as the lawyer keeps a watchful eye on behalf of the client. This means that the client will be required to pay instruction fee to the said lawyer to enable them act and continue acting until the process is concluded logically. Real estate managers will also follow such a process and in the end the registrar will issue them with a certificate of incorporation which acts as a birth certificate for this artificial person.