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The new law on real estate activity in Montenegro.

Montenegro has taken steps to regulate the real estate market through a new bill that obliges property owners to contact agencies to sell and advertise their properties. It is assumed that this will lead to an increase in housing prices, as sellers will be forced to use the services of intermediaries. The bill is under discussion, but its adoption is expected in the future. The purpose of the bill is to standardize the real estate market, which, according to the government, suffers from a lack of quality services and legal uncertainty. If the law is adopted, an official register of licensed real estate agents will be created in Montenegro, and mandatory exams will be introduced to check their qualifications.