The Portfolio Committee on Human Settlements invites interested people/parties and stakeholders to submit written comments on the Property Practitioners Bill [B 21 - 2018].
The Bill seeks 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 the establishment, appointment, powers and functions of the Property Practitioner’s Ombud Office; 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.
Enquiries, as well as written submissions, can be sent to the Portfolio Committee on Human Settlements (Attention: Koliswa Pasiya-Mndende), 3rd floor, W/S 3/077, 90 Plein Street, Cape Town 8001, or e-mailed to firstname.lastname@example.org. In addition to the written comments, please indicate your interest in making a verbal presentation to the Committee.
The closing date for submissions is Friday, 10 August 2018.
Download Property Practitioners Bill
The proposed establishment, appointment, powers and functions of the Property 's Ombud Office and consumer protection measures are welcome. As well as the other provisions in the Bill. However clarity is sought regarding what is going to happen to persons and practising estate agents who completed and passed the EAB exams under 1976 Act.