The permission pursuant to § 34c of the German Trade Regulation Act (GewO) is an official authorization required to engage in certain activities within the real estate sector commercially.
The permit to engage in brokerage activities under § 34c of the GewO has been granted. This means that the individual or company meets the legal requirements to operate in the real estate mediation field. This includes activities as a real estate broker, facilitating the sale or rental of land, houses, or commercial properties.
The authorization ensures that the requirements for reliability, sound financial conditions, and appropriate professional liability insurance are met to operate as a real estate broker.