1. It is any person who in the normal course of business sells, lets, rents, markets, auctions, or manages a property, on behalf of someone else for remuneration.
2. It can be either a natural person (e.g., Sole proprietor) or juristic person e.g., Pty, cc, trust).
1. Estate agents
2. Auctioneers
3. Bond and bridging finance originators
4. HOAs who perform property practitioner activities
5. Managing agents
6. Property facilitators and intermediaries
7. Business brokers, including sales of franchises and business undertakings
8. Developers who preform property practitioners’ activities, including project managers, development managers, investment sales agents
9. Time share and fractional ownership practitioners
10. Property advertising platforms
11. Property practitioners who specialise in collecting and distributing trust monies in terms of Regulation 2.4.1. (Payment processing agents)
12. Attorney employees.
1. Registration of firm by approved name reservation (reserving name on portal- approved or rejected / repeat)
2. Once approved, upload documents on portal including
a. Application form for firm / entity.
b. Bank letter dated, signed and stamped stating section 54(1) PP Act 22/2019 trust account opened in the name of the firm OR audit approved exemption using affidavit under provisions of Reg.2.
c. Auditor’s letter (IRBA) stating practice number, who will act on behalf of firm.
d. Proof of FICA registration.
e. BEE certificate if PTY /trust / CC.
f. Tax clearance if PTY, trust, CC, partnership or sole proprietorship.
g. All entity CIPC documents showing registration of entity and directors / members.
h. Payment of administration fee of R640. (Only administration is payable. No FFC fee required by Act and regulations)
i. Company resolution advising the main director or principal
j. (The firm must be accompanied by the principal registration application as specified in point 4 below).
1. Qualifications and education requirements:
a) Internship;
b) NQF 4;
c) PDE 4; and
d) NQF 5 or education exemption and PDE 5.
2. Complete application form
3. Clear copy of an ID document
4. Firm documents, as indicated in point 3 above, must have been submitted and name validated
5. Payment of R640 administration fee
1. Qualifications and education requirements:
a) Internship;
b) NQF 4 or education exemption; and
c) PDE 4.
2. Complete the application form
3. Clear copy of an ID document
4. Letter of employment dated, signed by both principal and employee, showing firm F number (PPRA registration number), not older than 6 months
5. Payment of R640 administration fee
1. Complete the application form
2. Clear copy of an ID document
3. Letter of employment dated, signed by both principal and employee, showing firm F number (PPRA registration number), and name and PPRA registration number of principal (7-digit pin), no older than 6 months.
4. Payment of R2295 for new entrants (this is inclusive of the R 473 for the Fidelity Fund, R1822 for Fidelity Fund Certificate).
1. Stamped, signed bank letter with date of closure of trust account/s
2. Winding up audit report of trust account/s
3. Submission of any outstanding audit reports
4. Proof of payment of any amounts outstanding to the PPRA
5. Signed and dated request from principal for deregistration.
Any individual property practitioner can apply for deregistration by submitting a signed and dated letter from either the principal or property practitioner requesting individual deregistration.
1. Updated CIPC documents showing removal as director or alternatively confirmation from the auditor together with an affidavit. (Regulation 41.16)
2. Company or cc resolution signed by directors confirming resignation or removal as director and co – principal.
1. No principal can be substituted for a sole proprietor.
2. To substitute the principal of a juristic person:
a. Application form from the new principal to be registered as principal of the entity.
b. Written consent from the current principal to be removed as principal.
c. CIPC documents showing change of directors and removal of existing principal and showing new principal as director.
d. Board resolution confirming substitution.
1. Qualifications and education requirements:
a) Internship;
b) NQF 4;
c) PDE 4; and
d) NQF 5 or education exemption and PDE 5.
2. Complete application form
3. Clear copy of an ID document
4. Firm documents, as indicated in point 3 above, must have been submitted and name validated
5. Company or CC resolution signed by directors / members.
6. CIPC documents showing directorship of new principal.
7. Payment of R640 administration fee
1. Complete application form.
2. Clear copy of ID document.
3. Letter of employment dated, signed by both attorney and employee, with details of attorney employer, attorney registration reference, and employee’s 7-digit PPRA reference number (7-digit pin), no older than 6 months.
4. Affidavit from attorney employer confirming compliance with S1(f) of the definition of Property Practitioner.
5. Payment of R3241 for new entrants (this is inclusive of the R 473 for Fidelity Fund, R2768 for Registrations Certificate)
6. Remember the R 400 is only for new property practitioners who want to register.
3 years and renewal by the 31 October each year.
Only Estate Agents and Attorney Employees are currently being registered, all other property practitioners may apply for a Section 4 Exemptions from Section 47 and 48 of the PPA until the PPRA commences their registration.
All applications form and format letters can be downloaded on the PPRA website.
https://theppra.org.za/licensing-and-registrations/
Non-Estate Agents and non-Attorney Practitioners may apply using Form E1, found on page 79 of the PPA Regulations.