Estate Agency Affairs Act, 1976

To provide for the establishment of an Estate Agency Affairs Board and an Estate Agents Fidelity Fund; for the control of certain activities of estate agents in the public interest; and for incidental matters. The core function of the Registration department is to ensure the management of the registration processes of all applications pertaining to Fidelity Fund Certificates.  This includes the following:

The registering of new applications:

-  Change in firm ownership;
-  Change of trading names;
-  New Principal applications
-  New Interns
-  Full Status applications
-  Annual renewals
-  Submission of Audit Reports
-  Trust Accounts
 

Application for registration consists of:

Registration as an employee Estate Agent under a registered Estate Agency, that require a valid  Fidelity Fund Certificate are:
- Intern estate agent;
- Full status estate agent;
- Principal estate agent;
- Registration for a new company;

Registration as an attorney – Certificate issued in terms of Section 1 of the ACT (but is not a Fidelity Fund Certificate)