24 June 2016
The Estate Agency Affairs Board (EAAB) wishes to advise estate agents that the renewal period for the 2017 Fidelity Fund Certificates (FFCs) will commence on 1 August 2016 (instead of the 1st of July as in previous years) and close on 31 October 2016.
Any payment of the renewal fee for 2017 FFCs made after 31 October 2016 will attract the monthly penalty for late renewal.
The new renewal fees payable for the FFCs for 2017 and subsequent years were published by the Minister of Human Settlements on 26 February 2016 in Government Gazette No 39743.
The penalties for late payment of renewal fees for FFCs for 2017 and subsequent years were also published by the Minister of Human Settlements on 19 February 2016 in Government Gazette No 39719. The detailed schedule of the new fees is available on https://www.eaab.org.za/registrations/schedule_of_fees.
Please read this important notice from the EAAB below:-