Key facts
Code summary
Code L
Official title Real Estate Activities
Version PSIC 2019
Source layer PSA / BSP
Section L - Real Estate Activities
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PSIC 2019 Navigation-first hub Section L - Real Estate Activities
PSIC Section L covers real estate activities in the Philippines. It is a single-division section for property buying, selling, renting, leasing and management.
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Child codes
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About this level
Practical summary
Section L sits in the PSIC 2019 hierarchy. This section is the property layer of PSIC. It separates ownership, leasing, agency and management work from construction, trading and financial services. Common examples include Real Estate Activities.
Administrative context
Where this code is used
It is used in property registration, landlord profiling and real-estate reporting when the business earns from land or building use rather than from construction work. Typical starting points include Real Estate Activities.
Selection note
How to choose it
Choose this section when the main revenue comes from property as an asset. If the business builds the property or brokers financing around it, compare the construction or finance sections instead. Compare child divisions such as Real Estate Activities and keep moving deeper until the wording matches the actual line of business.
Official note
Source-backed description
This section includes acting as lessors, agents and/or brokers in one or more of the following: selling or buying real estate, renting real estate, providing other estate services such as appraising real estate or acting as real estate escrow agents. Activities in this section may be carried out on own or leased property and may be done on a fee or contract basis. Also included is the building of structures, combined with maintaining ownership or leasing of such structures. This section includes real estate property managers.
FAQ
What does PSIC Section L cover?
PSIC Section L covers real estate activities in the Philippines. It is a single-division section for property buying, selling, renting, leasing and management.
Which activities usually belong in Section L?
This section is the property layer of PSIC. It separates ownership, leasing, agency and management work from construction, trading and financial services.
How do I compare Section L with nearby PSIC sections?
Start with the section boundary and then compare the child divisions below it. Choose this section when the main revenue comes from property as an asset. If the business builds the property or brokers financing around it, compare the construction or finance sections instead.