UNDESIRABLE PRACTICES – Property Practitioners Prohibited from Being Party to Any Arrangement to Paying Accreditation Fees to Homeowners’ Associations.
This is an anonymous and secure reporting platform designed to assist the PPRA to enforce compliance with the PP Act by reporting transgressors for investigation and prosecution.
Section 63(1) of the Property Practitioners Act, 22 of 2019 read with Regulation 35.1 provide that, the Minister of Human Settlements declared the following business practices undesirable and therefore prohibited:-
35.1.1.2 “any arrangement in terms of which any party or person that directly or indirectly controls or manages any residential property development, including any body corporate or homeowners’ association (the managing organisation) –
35.1.1.3 receives money or any other reward in exchange for a benefit, advantage or other form of preferential treatment in respect of the marketing of properties in such property development;
35.1.1.6 effectively provides an advantage to any one property practitioner or group of property practitioners over and above any other property practitioners, in providing services in relation to properties in such property development; or
35.1.1.7 effectively excludes or disadvantages any property practitioner or group of property practitioners from being able to provide services in relation to properties in such property development”.