{"id":12600,"date":"2025-11-13T17:54:17","date_gmt":"2025-11-13T12:54:17","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/new-rules-on-trust-based-real-estate-management-for-realtors-have-been-introduced-in-uzbekistan\/"},"modified":"2025-11-13T17:54:17","modified_gmt":"2025-11-13T12:54:17","slug":"new-rules-on-trust-based-real-estate-management-for-realtors-have-been-introduced-in-uzbekistan","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/new-rules-on-trust-based-real-estate-management-for-realtors-have-been-introduced-in-uzbekistan\/","title":{"rendered":"New rules on trust-based real estate management for realtors have been introduced in Uzbekistan"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>Legalization of trust management \u2014 owners can officially transfer real estate to realtors for lease without the risk of fraud. The requirement for certification is to improve the qualifications of realtors, protect clients from non-professionals. Transparency \u2014 control over income and expenses will protect against rent theft.  <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>Realtors can officially manage real estate: lease, repair, accounting;<\/li>\n<li>Only firms with certified specialists are allowed;<\/li>\n<li>The standard regulates rights, obligations, contracts, and transparency;<\/li>\n<li>Goal: market stabilization, rights protection, quality growth.<\/li>\n<\/ul>\n<h3>Powers of Realtors<\/h3>\n<ul>\n<li><strong>Leasing:<\/strong> finding tenants, concluding contracts, collecting payments.<\/li>\n<li><strong>Repair control:<\/strong> organization, quality control, timing.<\/li>\n<li><strong>Income and Expense Accounting:<\/strong> Transparent Reporting to the Owner.<\/li>\n<\/ul>\n<h3>Requirements for realtors<\/h3>\n<ul>\n<li><strong>Certification:<\/strong> only firms with certified specialists are allowed \u2014 examination, training.<\/li>\n<li><strong>Legislation: <\/strong>compliance with laws, the Code of Professional Conduct.<\/li>\n<li><strong>Contracts: <\/strong>the standard regulates the conclusion of agreements \u2014 the protection of the rights of owners, realtors.<\/li>\n<\/ul>\n<h3>Transparency<\/h3>\n<ul>\n<li><strong>Reporting: <\/strong>Realtors are obliged to keep a transparent record of income (rent), expenses (repair, utilities).<\/li>\n<li><strong>Control:<\/strong> the owner can verify the reporting, demand clarification.<\/li>\n<\/ul>\n<h3>Why<\/h3>\n<ul>\n<li><strong>Market stabilization:<\/strong> legalization of trust management will streamline the rental market and reduce the shadow sector.<\/li>\n<li><strong>Protection of rights:<\/strong> the standard will protect owners from fraud (failure to pay rent, theft), realtors from unjustified claims.<\/li>\n<li><strong>Quality growth:<\/strong> certification will improve the qualifications of realtors, improve the service.<\/li>\n<\/ul>\n<h3>Context<\/h3>\n<ul>\n<li><strong>The rental market is growing:<\/strong> due to urbanization (60% of the urban population), labor migration (1.8 million abroad), and students (500+ thousand).<\/li>\n<li><strong>Trust management is a trend: <\/strong>owners transfer property to realtors for lease (don&#8217;t want to do it themselves, live in other cities).<\/li>\n<li><strong>Problems:<\/strong> fraud (failure to pay rent to the owner, theft by realtors), unprofessionalism (poor repairs, conflicts with tenants).<\/li>\n<li><strong>The standard solves problems:<\/strong> legalization, certification, transparency will protect owners, tenants, realtors.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Realtors can officially manage real estate on behalf of the owners: leasing, monitoring repairs, accounting for income and expenses. <\/p>\n","protected":false},"author":4,"featured_media":11560,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/11\/691613d3742c5.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":11560,"YlB8HH34jIzY":"New rules on trust-based real estate management for realtors have been introduced in Uzbekistan"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2118,2543,3630,3468],"class_list":["post-12600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-economics","tag-property","tag-realtors","tag-regulation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New rules on trust-based real estate management for realtors have been introduced in Uzbekistan &#8212; 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