Ukraine moves to regulate real estate intermediaries under bill No. 16145
A new parliamentary bill would introduce professional qualifications, business accreditation, a unified register and written service contracts for Ukraine’s real estate intermediary market. Its backers link the reform to consumer protection, anti-money-laundering safeguards and EU integration.
Ukraine’s parliament is considering the foundations of a regulated real estate intermediary profession after bill No. 16145 was registered on October 13. The proposal covers assistance with sales, purchases, rentals, loans for use, property management and other transactions, including deals involving unfinished construction and future real estate.
The Verkhovna Rada of Ukraine reported the registration on Wednesday, October 14. The initiative was submitted by MPs Ihor Vasyliev, Oleksandr Kachura, Olena Shuliak, Heorhii Mazurashu and Mykhailo Sokolov, with the committee responsible for state organization, local government, regional development and urban planning designated as the lead committee.
The measure responds to a long-standing mismatch between the size of the brokerage market and the limited sector-specific legislation governing it. Its explanatory note estimates that intermediaries participate in about 90% of property sale and rental agreements. Yet clients currently encounter a fragmented field ranging from established agencies and members of professional associations to informal operators using several different occupational labels.
Under the proposal, an individual real estate professional and a real estate agent would have distinct legal statuses. An individual would need a qualification certificate and entry in the new register. An agent, defined as the business entity delivering intermediary services, would have to undergo accreditation. The two-tier structure is intended to verify both personal competence and the organizational eligibility of the firm or entrepreneur providing the service.
A Unified Register of Real Estate Professionals and Agents would become a central part of the framework. It is designed to collect and display information about qualified individuals and accredited providers. For consumers, a reliable public register could offer a basic check before they hand over money, identity documents or property records. Its usefulness, however, will depend on which data are publicly accessible, how quickly disciplinary changes are recorded and how cybersecurity and privacy are handled.
The bill also requires an intermediary services agreement in written or electronic form. Such a contract would identify the task assigned to the agent, the terms of delivery and the client’s obligation to pay. This could address recurring disputes about commissions, duplicate representation, the scope of document checks and whether payment is due for arranging contact or only after a transaction is completed. Detailed disclosure requirements will be important if the contract is to become more than a formal signature step.
The proposed definition of intermediary services is broad, encompassing organizational, marketing, consulting and information support intended to facilitate a property transaction. It does not absorb the separate regulated work of notaries, appraisers, architects, engineers, lawyers or capital-market professionals. Certain transactions involving state and municipal property, privatization and court-ordered or executive-authority sales would also remain outside its scope.
Professional self-government is one of the bill’s more consequential features. The drafters want to move beyond voluntary oversight by industry associations and establish a statutory system resembling arrangements used in adjacent professions. Supporters argue that a profession involved in high-value transactions needs common qualification and ethical standards. Opponents may ask whether the governing body could restrict competition, impose excessive fees or allow established market participants to control entry by newcomers.
The initiative is equally concerned with the shadow economy. Existing Ukrainian law already places reporting and anti-money-laundering duties on businesses providing certain real estate intermediary or consulting services, but the explanatory note says compliance is often weak. Accreditation and an identifiable professional population could make supervision more practical. They would also require agencies to invest in customer due diligence, record keeping, risk assessment and staff training.
This anti-money-laundering dimension connects the bill to Ukraine’s wider EU accession agenda and the Ukraine Facility. Its authors cite FATF-related standards, earlier MONEYVAL scrutiny, the European service standard EN 15733:2009 and input from the International Real Estate Federation, FIABCI. Parliamentary review will still need to test whether the institutional design and enforcement provisions are proportionate and genuinely aligned with the EU acquis rather than merely inspired by European models.
The draft establishes a broad prohibition on intermediary activity concerning property in territories temporarily occupied by the aggressor state. It would cover offices, advertising, accepting instructions, preparing transactions and receiving remuneration, including conduct performed through representatives or online channels. The policy objective is clear, but enforcement could raise difficult questions about evidence, cross-border digital advertising and owners attempting to preserve lawful claims to assets they cannot physically access.
Consumer protection is the public-facing case for the reform. The explanatory materials list schemes involving sellers without authority, false descriptions of properties, misuse of legally vulnerable clients and substitution of one type of agreement for another. Licensing-style controls can reduce anonymity, but they cannot replace title verification, notarial safeguards, effective law enforcement and accessible compensation procedures when clients suffer losses.
The bill’s supporters also point to a 2025 government e-petition calling for mandatory registration, certification and stronger safeguards, which gathered 25,999 signatures. That response signals dissatisfaction with unclear commissions and uneven service quality. It does not by itself settle the design debate: tenants and buyers may prioritize price transparency, while small agencies will be concerned about compliance costs and larger firms may favor rules that remove informal competitors.
According to the explanatory note, implementation would require no expenditure from the state budget and should eventually increase revenue by bringing transactions and income into the formal economy. That claim is likely to receive scrutiny because a secure register, accreditation, examinations and disciplinary administration all carry costs. Legislators will need to determine whether those costs fall on professionals, clients, a self-governing body or existing public institutions.
Registration is only the start of the legislative process. The unusually wide list of committees asked to examine the proposal reflects its implications for taxation, digital systems, legal policy, human rights, anti-corruption safeguards and European integration. The eventual impact will hinge less on the promise of regulation than on its execution: transparent entry rules could raise trust, while costly or opaque procedures could push smaller operators further outside the formal market.