Claims
INTRODUCTION
Estate Agency Affairs Board was established in terms of Estate Agents Affairs Act 112 of 1976. The Board is a legal person and can therefore sue or be sued on its own name. It has perpetual succession and any change in the composition of member of the Board does not affect its legal personality. The Act also imposes a duty to the Board in terms of Section 7, to promote and maintain thestandard of conduct of estate agents and to regulate the activities of estate agents, having due regard to public interest
- Establishment of the fund (Section 12)
- The purpose of the fund
- The circumstances under which a claim can be lodged.
- Circumstances under which the liability of the fund is excluded 5 Payments from the fund
- Respect of a claim
- Transfer of rights and remedies to the board
- The Lodging of a claim
