The New Real Estate Register of the Balearic Islands (“ROAIIB”)

Through the introduction of a mandatory real estate register, known as the Registro de Agentes Inmobiliarios de las Islas Baleares (ROAIIB), real estate agents are required to prove their qualifications and professional suitability in order to register. With this, the Balearic government aims to exclude so-called “amateur agents” and better protect both buyers and owners. […]