Prop.Prac Act ARCHIVE 2021

New property laws for South Africa – what you need to know – 10 July 2021

Signed into law by president Cyril Ramaphosa in 2019, the Property Practitioners Act (PPA) is currently awaiting official commencement in South Africa.

While there is no firm indication as to when the PPA will come into force, it is expected to bring significant changes for the sector, especially for consumers…

Property Practitioners Act: Obligations on property practitioners -19 July 2021

What has happened to the Property Practitioners Act, No 22 of 2019 (PPA)?
The President has signed the Act into law, however, the date of commencement of the Act is still to be determined. The Act will repeal the Estate Agency Affairs Act, No 112 of 1976 (“EAA Act”) in its entirety. Draft regulations were published for public comment in March 2020. However, as things stand, there is no firm indication as to when the PPA will come into force…

Slew of new property laws will have most dramatic effect on agencies and agents – experts – 7 September 2021

The Property Practitioners Act is set to change the industry “dramatically”. Other laws attorneys say will affect it include the proposed Housing Consumer Protection Bill, the Land Court Bill and the Western Cape Government’s draft Inclusionary Housing Policy.
Once the Property Practitioners Act – which has been promulgated but is not yet gazetted – comes into effect, it will have a fundamental effect on the industry because it repeals and replaces the whole of the Estate Agency Affairs Act, regulations and code of conduct…