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A nicely dressed and well-spoken man asked to be shown a few properties for sale in Ballito, KZN. A few hours later he had kidnapped, throttled and tied up a 27 year-old female estate agent before driving off in her car.

''No FFC No commission' wrong title for our campaign'

Signature Real Estate is officially proceeding with their appeal against the ‘No FFC No commission’ ruling – a title that has caused some confusion among their fellow agents. Principal Romy Tarboton says in hindsight a better title would have been ‘High Court rules: Estate agent liable for EAAB inefficiency’.

     

Speakers Corner

Estate agents are talking about the news that Mamodupi Mohlala, CEO of the Estate Agency Affairs Board (EAAB), took a video of her altercation with an employee and then filed a R800 000 lawsuit against the same man for calling her a bully and an autocratic leader. Here are some of the comments on ‘This is not leadership’ says Rebosa.

     
     

From 1 January it will take longer to apply for lost title deeds

The warned about complications to apply for lost title deeds, are finally coming into effect. As of 1 January 2020 it could now take up to five weeks to obtain copies of lost title deeds.

     

New Act to clamp down on financial ‘kick-backs’

The new Property Practitioners Act makes it illegal for a property practitioner to receive a financial incentive, or better known as a ‘kick-back’ in return for recommending to clients to make use of a specific service provider such as a transferring attorney. Robert Krautkramer, director with legal firm Miltons Matsemela explains how this will work once the Act becomes effective.

     
     

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