All Property Practitioners who deposit funds into the PPRA bank account are requested to use their seven (7) digit reference numbers or ID numbers (if not having a 7-digit reference number). This will assist PPRA to ensure deposited funds are allocated to the correct client accounts

When the CPD programme was implemented in 2015, estate agents were given 2 options to acquire their necessary CPD points for each year. They had the option to do their CPD via contact sessions which are venue-based or via e-Learning which is online. In 2020, contact sessions were suspended because of the Covid-19 virus.  

    This serves to inform all real-estate property practitioners (estate agents) aged 60 years and above that effective immediately this type of exemption is no longer available and no applications will be accepted in relation thereto. Therefore, all categories of affected property practitioners (estate agents) who have not qualified or...

The PDI transformation initiative program which was introduced in January 2019 under section 27 of the Estate Agency Affairs Act (EAAA) has not been retained under the Property Practitioners Act (PP Act). This program was meant to assist PDI’s who would otherwise have been non-complaint with the provisions of the previous EAAA to be issued...

Following the coming into operation and effect of the Property Practitioners Act, No.22 of 2019 (the PPA) on 1 February 2022, some industry bodies were of the view that the Standard of Training of Estate Agents Regulations of 2008 (the Education Regulations), are no longer applicable as we now have new PPA Regulations. The Property Practitioners...

The hearings were prompted by receipt of written comments pertaining to alleged racism practices within the property sector as well as an investigation undertaken by the PPRA as a result of the complaint report received against a Property Practitioner (EstateAgent) in the Western Cape province. The PPRA is hosting a series of hearings and...

S50(1) Requires property practitioners to be SA citizens and lawfully resident in SA. This excludes foreign nationals who were previously registered under the EAA Act 112/2976. We are required by law to comply with the Act. Property practitioners who wish to register and operate within SA must either be SA citizens and lawfully resident in SA or...

Please take note of this important notification that will assist you in obtaining your three (3) year 2023 fidelity fund certificate without any delays. Regulation 15.4 states that every property practitioner to whom a fidelity fund certificate or registration certificate, as the case may be, has already been issued in respect of a specific...

Dear Stakeholders Please be  informed  that  we previously mentioned that one of the reasons that exams had to be postponed was due to  the unavailability of study guides. However, we are glad to announce that study guides are now available and candidates may contact the Regulator in that regard and order study guides. Best...

The new Property Practitioners Act (the PPA) which came into effect on 1 February 2022 requires business property practitioners, who have not been exempted from keeping a trust account, to submit an audit report to the Property Practitioners Regulatory Authority (PPRA). According to the repealed Estate Agency Affairs Act (EAAA), audit reports on...

In order to ensure that DNFBP entities remediate and enhance their RMCPs, in accordance with the required Recommended Actions in Immediate Outcome 4 Preventative Measures of the Mutual Evaluation Report, the Property Practitioners Regulatory Authority (PPRA) is requesting all property practitioners previously included in the definition of...

The Property Practitioners Regulatory Authority (PPRA) hereby gives notice and calls upon all property practitioners who have not registered for their FFC or renewed for 2022 to ensure that they comply with section 47 (1) of the Property Practitioners Act by approaching the PPRA for their registration on or before the 30 June 2022.

The document discusses the implications of the property Practitioners Act and Regulations on the Education and Training Environment.

The Board of the Property Practitioners Regulatory Authority ( PPRA ) welcomes the decision of the court handed down on the 14th of April 2022, putting to rest with certainty the unwarranted assertion that the PPRA Board was unlawfully and illegally appointed. In the same token, the court’s decision dismisses the assertion that the...

The Estate Agency Affairs Board("EAAB") is a regulatory authority established in terms of the Estate Agency Affairs Act 112 of 1976("EAA Act") to maintain and promote the standards of conduct of real estate agents and regulate the activities of estate agents in the public interest. Therefore the EAAB is obliged to exercise...

The EAAB would like to inform all eligible estate agents that the CPD 2021 material will be uploaded in the coming weeks thereby making the CPD programme available from 1 October 2021.

The President of the Republic of South Africa his Excellency President Cyril Matamela Ramaphosa in his address to the nation on 11 July 2021 as part of his interventions by the State to alleviate the effects of the Covid pandemic on human life and the economy announces the following:

The EAAB hereby extends the compliance period to finalise and catch up the required annual CPD points for the 2020 CPD programme to 31 August 2021.  This is as a result of a technical glitch in the EAAB system, which has caused a delay for estate agents to access the MyCPD portal and acquire their CPD 2020 verifiable points before the...

Please take note of the important notification that will assist you in obtaining your 2022 fidelity fund certificate without any delays.

The submission deadline of 30 June 2021 for estate agency firms with a financial year-end of 28 February 2021 is imminent and this notification serves as a reminder to principals of these estate agency firms.

This serves to advise all Intern Estate Agents who wish to submit completed and signed-off intern logbooks that the following submission methods are available:

The EAAB published a communique citing that CPD fees for 2020 will be waived and that those estate agents who have already made payment towards their CPD fees will have their accounts credited for the 2021 financial year. Thus, the said estate agents will not be required to pay the CPD fees in the corresponding year, i.e. 2021.

Given the outbreak and continuous spread of the COVID-19 pandemic and its uncertainty, in South Africa and around the world, the EAAB is also deploying different measures to curtail and contain the spread of the virus.

The EAAB earlier this month announced an exciting initiative that will assist estate agents from disadvantaged backgrounds gain entry into the profession.

The Press release dated June 30, 2011: EAAB grants estate agents qualification and PDE exemption for over 60’s deals with the resolution and policy approved by the EAAB Board for the grant of exemption and process that must be followed by interested and qualifying estate agents who are aged 60 years and above. The fee payable to the EAAB...

The Estate Agency Affairs Board (EAAB) has embarked on an awareness campaign for all prospective property consumers to advise them and encourage them to only deal with estate agents whose compliant registration status is evidenced by their EAAB Privyseal.

It constitutes a gross understatement to say that the EAAB is appalled at the occurrence of yet another blatant incident of racist behaviour within the estate agency sector.

Registration on the registration and reporting platform of the FIC presentation slides below

26 AUGUST 2016 ISSUE PAPER ON GUIDANCE REQUIRED TO IMPLEMENT THE FINANCIAL INTELLIGENCE CENTRE AMENDMENT ACT, 2016 Purpose of the Issue Paper 1. The Issue Paper is intended to elicit comments on aspects where accountable institutions will require guidance when the amendments to the Financial Intelligence Centre Act, 2001 (the FIC Act), to be...

Wednesday, 17 August 2016: The Financial Intelligence Centre (the FIC) in consultation with National Treasury, South African Reserve Bank and the Financial Services Board has published an Issue Paper on guidance required to implement the FIC Amendment Bill, 2016, on the FIC’s website today. Click here to read the Issue Paper.

11 AUGUST 2016 ALL ESTATE AGENCY FIRMS ARE REQUIRED TO ENSURE COMPLIANCE BY THEIR EMPLOYEES IN SIGNING UP FOR PRIVYSEAL CONSUMER PROTECTION INITIATIVE Following the EAAB's successful pilot of the PrivySeal Consumer Protection Initiative in June 2016, the EAAB now requires all registered estate agents to sign up, at no cost, for their estate...

LAUNCH OF CONSUMER PROTECTION INITIATIVE PRIVYSEAL Following the EAAB's successful pilot of the PrivySeal Consumer Protection Initiative in June 2016, the EAAB requires all registered estate agents to sign up for their Privyseal at www.privyseal.com.

The unprecedented 21-day national lockdown kicks in at midnight Thursday 26 March 2020. President Cyril Ramaphosa announced the bold effort to stave off the rampant Coronavirus that has gripped the world. The lockdown will have dire consequences for the economy and the manner in which business is conducted in the property and real estate...

Please take note of this important notification that will assist you in obtaining your three (3) year 2023 fidelity fund certificate without any delays. Regulation 15.4 states that every property practitioner to whom a fidelity fund certificate or registration certificate, as the case may be, has already been issued in respect of a specific...