CLOSING DATE FOR THE EAAB 07 MAY 2015 PROFESSIONAL DESIGNATION EXAMINATION (PDE)

Issued by: EAAB 15 March 2015 All stakeholders are advised that the closing date for the PDE to be held on 07 May 2015 is 24 April 2015. DATE VENUE NAME ADDRESS 07 MAY 2015 BYTES CONFERENCE CENTRE BYTES BUSINESS PARK.BLOCK C.241 THIRD ROAD.MIDRAND DURBAN SPA CONFERENCE CENTRE 57 OR TAMBO PARADE.DURBAN CAPE TOWN LODGE … Read moreCLOSING DATE FOR THE EAAB 07 MAY 2015 PROFESSIONAL DESIGNATION EXAMINATION (PDE)

EAAB NOTIFICATION: HOMEOWNERS ASSOCIATIONS (HOAs)

 ALL ESTATE AGENTS, MANAGING AGENTS AND TO ALL STAKEHOLDERS The Estate Agency Affairs Board (EAAB) together with representative bodies of estate agents and estate agencies and of HOA’s has met in order to provide guidance in respect of practices relating to the payment of fees/sharing of commission to procure any degree of exclusivity in the … Read moreEAAB NOTIFICATION: HOMEOWNERS ASSOCIATIONS (HOAs)

EAAB CLARIFICATION STATEMENT REGARDING THE NON-ISSUE OF FIDELITY FUND CERTIFICATES DUE TO AUDIT REPORTING NON-COMPLIANCE

EAAB

23 MAY 2014

The Estate Agency Affairs Board (EAAB) is mindful of the legitimate concerns of the estate agency firms and practitioners who have not yet received their Fidelity Fund Certificates for 2014 as a result of audit reporting non-compliance issues.

Estate agents are however reminded that the EAAB is precluded by the provisions of the Estate Agency Affairs Act from issuing Fidelity Fund Certificates under such circumstances.

Estate agents that have been rendered disqualified by virtue of non-audit compliance are required to go through a formal process before the Fidelity Fund Certificate/s can be issued even after the outstanding audit reports have been duly received.  The EAAB is doing everything possible to expedite the issue of Fidelity Fund Certificates once the disqualification has been removed.  A substantial number of Fidelity Fund Certificates have already been issued under circumstances where the non-audit compliance has been satisfactorily remediated. 

Read moreEAAB CLARIFICATION STATEMENT REGARDING THE NON-ISSUE OF FIDELITY FUND CERTIFICATES DUE TO AUDIT REPORTING NON-COMPLIANCE