Estate agents amnesty extended

18 July 2011 - 09:20
By I-Net Bridge

THE Estate Agency Affairs Board is giving illegally operating estate agents an additional three months to meet the requirements to become registered and compliant agents.

The three-month amnesty period commenced on Friday, April 15 and has been extended for three more months. The new deadline is Saturday, October 15, the EAAB said.

"Since the beginning of the amnesty period, the amnesty committee of the EAAB has considered and granted amnesty to a significant amount of applicants," the board's chairperson, Thami Bolani, said.

"The committee was especially gratified that it was able to regularise the positions of hitherto illegally operating estate agency practitioners, meaningfully contributing to their future employment prospects and ensuring that they were actively brought into the regulatory fold of professional estate agents," he said.