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The Estate Agency Affairs Board (EAAB) was established in 1976 in terms of the Estate Agency Affairs Act 112 of 1976 (‘the Act”), with the mandate to regulate and control certain activities of estate agents in the public interest.

The EAAB regulates the estate agency profession through ensuring that all persons carrying out the activities of an estate agent as a service to the public are registered with the EAAB. A Fidelity Fund Certificate, which is to be renewed each year is issued as evidence of such registration and confirmation that such person is legally entitled to carry out the activities of an estate agent.

The Estate Agency Affairs Board (EAAB), which has been reporting to the Minister of Trade and industry since 1976, was transferred to the Department of Human Settlements on 17 May 2012 by Proclamation of the President of the Republic of South Africa.      

IMPORTANT NOTIFICATIONS

ESTATE AGENCY AFFAIRS BOARD

NEW TELEPHONE NUMBER

With immediate effect, the EAAB has introduced a new number in order to improve the overall experience when calling our Call Centre as well as the transfer of calls through to the EAAB offices.

The new number is 087 285 3222

The Management and Staff would like to extend their appreciation to our stakeholders for the inconvenience that they have endured in calling our offices and we trust that the changing of the number will prove to be the correct solution.

OFFICE HOURS:

MONDAY - FRIDAY
08h00 - 16h30

EXAMINATION CENTRES: PROFESSIONAL DESIGNATION EXAMINATION
18 SEPTEMBER 2014

02 July 2014

This serves to advise candidates wishing to enrol for the Professional Designation Examination on 18 September 2014 that, due to factors beyond the EAAB’s control, examination centres in George, Nelspruit, Polokwane and Rustenburg will not be utilised for that examination. Candidates may decide either to choose an alternative examination centre or to undertake the Professional Designation Examination on 20 November 2014 when these centres will again be used.

IMPORTANT NOTIFICATION

AUDIT REPORT SUBMISSIONS

01 JULY 2014

Dear Principal estate agents and Auditors

For the firms that have a February financial year-end and who have submitted audit reports via audit@eaab.org.za and also at our offices before the deadline of submission of 30 June 2014, please note that we are currently capturing the audit reports on our system and as soon as the report has been captured, you will receive an email confirmation from us.

For the principals or auditors that have submitted the audit reports via the MyEAAB portal on our website, you should have a received a confirmation of submission already via email.

Due the large volume of audit reports that we are currently processing at this time of the year, we will communicate with you issues (if any) of non-compliance noted on the submitted audit reports as and when we finalise the verification and anticipate this to be no later than 31 July 2014.

Please note that the Estate Agency Affairs Board introduced a platform for online submission of audit reports which requires either you as the Principal estate agent or your auditor to register on the MyEAAB portal on our website www.eaab.org.za  We request all Principal estate agents to encourage your auditor to submit the 2015 audit reports via this online portal.

The firms that have submitted their annual audit reports on or before the deadline date of 30 June, the EAAB would like to thank you for the timely submission of the 2014 audit report.

For the firms who have a February financial year-end but have missed the submission deadline of 30 June 2014, please request your auditors to register on MyEAAB portal on the EAAB website and submit the audit report online as soon as possible, however, it is to be noted that these submissions will be treated as late submissions and you will receive the relevant communication as and when we process the audit report.

Issued by

AUDIT COMPLIANCE DEPARTMENT
Email: audit@eaab.org.za
Tel No. 087 285 3222

AUDIT REPORT COMPLIANCE

IS YOUR FINANCIAL YEAR-END 28 FEBRUARY?

27 June 2014

To all Principal estate agents

It has come to our attention that a number of estate agency firms are having difficulty in obtaining the IT3B certificates from their respective bankers for submission as part of the audit report documentation requirements.

We hereby advise that it will be in order for the principal/auditor to submit the audit report with a covering letter explaining that they require an extention of time in which to obtain the IT3B certificate.

We encourage all principals/auditors to use this opportunity so as to avoid penalty fines.

Please utilise the MyEAAB online portal to submit your audit report or alternatively use audit@eaab.org.za

IMPORTANT NOTICE

SEE LEFT NAVIGATION BAR UNDER ANNUAL ROADSHOWS 2014 TO DOWNLOAD THE INVITATION, MAP AND HOW TO EARN CONTINUING PROFESSIONAL DEVELOPMENT CPD POINTS. Read More


ESTATE AGENCY AFFAIRS BOARD CONTACT EMAIL ADDRESSES

In a further attempt to assist our stakeholders, kindy refrain from sending emails to individuals at the EAAB unless you are corresponding with a particular individual that is assisting you.  Please avail yourself of these dedicated email addresses that have been set up when dealing with your specific queries or for submitting documentation through to the EAAB offices.

Advertising in AGENT magazine:  margie@eaab.org.za
General information eab@eaab.org.za
Fidelity Fund Certificate application forms applications@eaab.org.za
Fidelity Fund Certificate annual renewals renewals@eaab.org.za
Status upgrades and qualification updating upgrades@eaab.org.za
To order the PDE 4 & 5 study material studyguides@eaab.org.za
Information regarding the Professional Designation Examination (PDE) and duplicate copies of old EAAB examination certificates pde@eaab.org.za
For Professional Designation Examination (PDE);  Equivalency matrix; and Over 60's exemption exemptions@eaab.org.za
For PDE examination results and appeals resultsappeal@eaab.org.za
To apply for an affidavit: lungile.mntambo@eaab.org.za
Audit report submission and all related queries audit@eaab.org.za

IMMEDIATE RELEASE
25 MARCH 2014

MEDIA RELEASE: ESTATE AGENCY AFFAIRS BOARD RESPONDS TO THE ORDER GRANTED IN PHILIP vs ESTATE AGENCY AFFAIRS BOARD (39922/12) [2013] ZAGPPHC 276

The above case, relating to the payment of interest and legal costs in respect of a claim instituted against the Fidelity Fund, resulted in an order being granted against the Estate Agency Affairs Board (EAAB) for payment of the amount stated in the order sought. Read More

CLARIFICATION STATEMENT REGARDING THE NON-ISSUE OF FIDELITY FUND CERTIFICATES DUE TO AUDIT REPORTING NON-COMPLIANCE

23 MAY 2014

The Estate Agency Affairs Board (EAAB) is mindful of the legitimate concerns of the estate agency firms and practitioners who have not yet received their Fidelity Fund Certificates for 2014 as a result of audit reporting non-compliance issues. Read More

The Estate Agency Affairs Board in its further endeavours to streamline processes for our stakeholders has introduced further enhancements to the MyEAAB online portal on our website www.eaab.org.za for the submission of the estate agency firms annual audit report.    Read More ...

IMMEDIATE RELEASE - 30 JANUARY 2014

COMMUNIQUE:  Many non-compliant estate agency firms unlikely to receive Fidelity Fund Certificates for 2014

The Estate Agency Affairs Board (EAAB) is very concerned that a large number of estate agency firms will not be receiving fidelity fund certificates (or licences   Read More ...

DISQUALIFICATION DUE TO THE FAILURE TO COMPLY WITH AUDIT REQUIREMENTS

01 January 2014

 

Kindly be advised that the EAAB considers and processes compliant audit reports and, should an audit report be found not to comply with the requirements set out in the Estate Agency Affairs Act, 112 of 1976 (“the Act”),   Read more ....

IMPORTANT AUDIT REPORT NOTIFICATION

The Estate Agency Affairs Board (EAAB) hereby wishes to remind all estate agent firms irrespective of legal form i.e. Sole Proprietor; Close Corporation; PTY; Partnership of the audit requirements to be adhered to in terms of our legislation.  Read More

ESTATE AGENTS CONTACT DETAILS INFORMATION UPDATE FORM

All estate agents are required to update their information in order to enable the EAAB to communicate with estate agents effectively.
Read more...

THE ESTATE AGENCY AFFAIRS BOARD NO LONGER ACCEPTS CHEQUES

All estate agents, stakeholders and new applicants are hereby informed that, with effect from 1 December 2011, the EAAB will no longer be accepting any payments made by cheque.

Read more...

FIDELITY FUND CERTIFICATE - Application Forms

In addition to the Estate Agency Affairs Board’s MyEAAB online registration portal, in an effort to improve the turn-around period for the processing of new applications, our Registrations Department has created an e-mail address specifically for the processing of new applications. 
Read More

FIDELITY FUND CERTIFICATES UNCLAIMED FROM THE POST OFFICE

The Estate Agency Affairs Board (EAAB) has compiled an updated list of fidelity fund certificates that have been returned as unclaimed by estate agents from the various Post Office outlets.  In this regard, the EAAB has made every effort to ensure that agents are aware of such unclaimed fidelity fund certificates.  .
Read more...

NOTICE TO ALL STAKEHOLDERS REGARDING THE PURPORTED PRESENTATION OF CONTINUING PROFESSIONAL DEVELOPMENT (CPD) COURSES

It has come to the attention of the EAAB that various real estate-related courses, workshops, seminars and presentations are presently being advertised as being CPD-accredited   Read More ...

PROFESSIONAL DESIGNATION EXAMINATIONS – 2014

This serves to advise that the Professional Designation Examinations for both non-principal estate agents and principal estate agents are scheduled to take place on the following Thursdays in 2014, namely:

18 September 2014

20 November 2014

Read More ...

EDUCATION QUALIFICATION DEADLINE EXTENSION


COMPLIANCE DUE DATE EXTENSION: CERTIFICATION AGAINST NQF LEVEL 4 AND NQF LEVEL 5 FOR ESTATE AGENTS REGISTERED WITH THE ESTATE AGENCY AFFAIRS BOARD (EAAB) ON 15 JULY 2008

Further and final extension granted by the Estate Agency Affairs Board for the certification of estate agents registered on 15 July 2008

In terms of the Standard of Training of Estate Agents Regulations, 2008, estate agents who were registered on 15 July 2008, the date when the Regulations came into effect, Read More

REQUEST FOR PROPOSAL FOR PROVISION OF CONTINUING PROFESSIONAL DEVELOPMENT (CPD) SOFTWARE
(REF: EDU 2014/002)


The Estate Agency Affairs Board guided by the principles of the Preferential Procurement Policy Framework Act (“PPPFA”) hereby invites suitably qualified Firms to submit proposals for the provision of an appropriate and cost-effective Continuing Professional Development (CPD) managing, monitoring and control system (software) for a period of three years.

PLEASE SEE TENDERS ON THE LEFT NAVIGATION MENU BAR

 




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