by VDT Attorneys | Nov 10, 2025 | Estate Agent, Estate Agent commission, Property Practitioners Act
But what happens if a property practitioner has acted without a valid Fidelity Fund Certificate (FFC), and the seller or conveyancer only becomes aware of this when the seller is liable as contracted to pay the commission following registration of the sale in the...
by VDT Attorneys | Apr 13, 2022 | BEE, Property, Property Practitioners Act, Transformation
The Act reconfirms that the Property Sector BEE Transformation Charter Code applies to all property practitioners that fall within the scope of the Act and also encourages organs of state to procure services from property practitioners that comply with transformation...
by VDT Attorneys | Mar 21, 2022 | Property, Property law, Property Practitioners Act, Real Estate
The Property Practitioners Act 22 of 2019 (“Act”) commenced operation on 01 February 2022 and aims to among other things, regulate property practitioners, transform the property market and provide for greater consumer protection. The first question that generally...
by VDT Attorneys | Jun 25, 2020 | Conveyancing, Estate Agent, Property Practitioners Act
Sections 56(1) and 56(2) of the Act respectively state that an estate agent is under no circumstances entitled to any commission arising from the performance of their duties under a mandate, unless such agent is registered and holds a Fidelity Fund certificate. The...
