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Reinvigorating property development in SA through the right legislation

Reinvigorating property development in SA through the right legislation
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Reinvigorating property development in SA through the right legislation

The Property Practitioners Act

At some point, many of us will contemplate acquiring property to enhance our economic stature, given that property is a means to achieving financial independence.  This process is usually facilitated by an estate agent or, as they are known, Property Practitioners. The Property Practitioners Act 22 of 2019 (the Act) was promulgated and brought into existence to ensure a professionally concluded sales process; where assistance does not meet the threshold of professionalism as envisaged. Accordingly, the regulators have implemented mechanisms to ensure that the rendered aid will meet the desired point. 

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