Property Practitioners Act 22 of 2019 (English / Tshivenda)

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22 of 2019

The Property Practitioners Act 22 of 2019 aims:

  • to provide for the regulation of property practitioners;
  • to provide for the continuation of the Estate Agency Affairs Board as the Property Practitioners Regulatory Authority;
  • to provide for the appointment of the members of the Board and matters incidental thereto;
  • to provide for the appointment of the Chief Executive Officer and other staff members of the Authority;
  • to provide for transformation of the property practitioners sector;
  • to provide for the establishment of the transformation fund and establishment of the research centre on transformation;
  • to provide for compliance with and enforcement of the provisions of the Act;
  • to provide for the continuation of the Estate Agents Fidelity Fund as the Property Practitioners Fidelity Fund;
  • to provide for consumer protection;
  • to provide for the repeal of the Estate Agency Affairs Act, 1976; and
  • to provide for matters connected therewith.

Commencement

This Act comes into operation on a date fixed by the President by proclamation in the Gazette.