{"id":9024,"date":"2020-03-09T10:07:14","date_gmt":"2020-03-09T08:07:14","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=9024"},"modified":"2020-03-10T08:43:43","modified_gmt":"2020-03-10T06:43:43","slug":"newsflash-property-practitioners-act-regulations-out-for-comment","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/newsflash-property-practitioners-act-regulations-out-for-comment\/","title":{"rendered":"Newsflash | Property Practitioners Act: Regulations out for comment"},"content":{"rendered":"

In anticipation of the commencement of the 2019 Property Practitioners Act<\/span><\/a>, draft<\/span><\/a> regulations were gazetted on Friday 6 March 2020, for comment. The regulations seek to address a range of issues raised in the Act, including training and conduct, consumer protection, compliance and enforcement. These will be financed from a transformation fund to be opened within six months of the new regulatory authority\u2019s establishment, and will be financed by the Property Practitioners Fidelity Fund.
\nRegarding the development of emerging small, medium and micro enterprises, it is mooted that, upon the repeal of the 1976 Estate Agency Affairs Act, a non-compliant historically disadvantaged property practitioner may apply to the transformation fund for a grant to assist with any legal or other expenses entailed in regularising his\/her affairs and aligning them with the requirements of the new Act.<\/p>\n

We will shortly provide full details.<\/p>\n

For assistance, contact us on www.stbb.co.za\/dev2<\/span><\/a> or email us at info@stbb.co.za<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In anticipation of the commencement of the 2019 Property Practitioners Act, draft regulations were gazetted on Friday 6 March 2020, for comment. The regulations seek to address a range of issues raised in the Act, including training and conduct, consumer<\/p>\n","protected":false},"author":36,"featured_media":3170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[137,108],"tags":[],"class_list":["post-9024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-newsflash"],"acf":[],"yoast_head":"\nNewsflash | Property Practitioners Act: Regulations out for comment - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/newsflash-property-practitioners-act-regulations-out-for-comment\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Newsflash | Property Practitioners Act: Regulations out for comment\",\"datePublished\":\"2020-03-09T08:07:14+00:00\",\"dateModified\":\"2020-03-10T06:43:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/\"},\"wordCount\":166,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/luca-bravo-210213-unsplash-1_banner.jpg\",\"articleSection\":[\"Latest\",\"Newsflash\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/newsflash-property-practitioners-act-regulations-out-for-comment\\\/\",\"name\":\"Newsflash | Property Practitioners Act: Regulations out for comment - 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