Article 33 (Prohibited Acts)

A licensed real estate agent, etc. shall not engage in the following acts. <Amended by Act No. 12274, Jan. 28, 2014; Act No. 16523, Aug. 20, 2019; Act No. 17327, Jun. 9, 2020> 1. Acting as a business of trading in brokerage target objects under Article 3. 2. Receiving a brokerage request through a person who is engaged in brokerage business without having registered the opening of a brokerage office under Article 9, or allowing such person to use one's name, knowing that they are such a person. 3. Receiving money or valuable articles exceeding the compensation or expenses under Article 32, under any name whatsoever, including rewards or gifts. 4. Making false statements or engaging in other acts that mislead the judgment of the brokerage client regarding important matters of the transaction of the brokerage target object. 5. Brokering the sale or exchange of certificates, etc. related to the sale or lease of real estate where the transfer or brokerage is prohibited by relevant laws and regulations, or acting as a business of such sale. 6. Directly transacting with a brokerage client or acting as an agent for both parties to the transaction. 7. Acts that promote real estate speculation, such as brokering the sale of real estate for which the registration of preservation of ownership or transfer of ownership has not been made for the purpose of violating relevant laws and regulations, including tax evasion, or real estate whose change of rights such as resale is restricted by relevant laws and regulations. 8. Acts that unduly affect or are likely to affect the market price of brokerage target objects, such as falsely creating the appearance of a completed transaction for the purpose of obtaining undue profit or causing undue profit to a third party. 9. Forming an organization to restrict brokerage for specific brokerage target objects or restrict joint brokerage with persons other than organization members.