The Property Practitioners Bill is now a reality. The Bill, which will replace the Estate Agency Affairs Act of 1976, will ensure the continuation of the Estate Agency Affairs Board (EAAB) as the Property Practitioners Regulatory Authority, provide for the continuation of the Estate Agents Fidelity Fund as the Property Practitioners Fidelity Fund and provide for consumer protection and related matters.
Fundamental issues have arisen out of the “Bill” that will have far reaching consequences for the industry. We therefore, encourage you to read our attached commentary, which has been submitted to the department and invite you to a series of roadshows which we will be holding to discuss the Bill in detail.
We look forward to your participation.