Consumers

IMMEDIATE RELEASE 7 DECEMBER 2011 ESTATE AGENCY AFFAIRS BOARD INSTITUTES ACTION AGAINST GAVIN WRIGHT PROPERTY TEAM CC AND MR. GAVIN ELISON WRIGHT IN CAPE TOWN

Consumer Protection Act (CPA) I know my rights, Do you know yours?

The Consumer Protection Act has some serious implications for agents selling property - for one, a disgruntled purchaser can get out of a sale agreement within 5 days of signing it.

How the CPA will affect new Lease Agreements South Africa’s new Consumer Protection Act (CPA) also deals with some important changes to the law governing Lease Agreements, when the new CPA comes into effect on 1st April 2011.

South Africa’s new Consumer Protection Act (CPA) came into effect on 1 April 2011. This law fundamentally changes the way business is done in South Africa.

The Consumer Protection Act (CPA), which came into full effect on 01 April 2011, spells out some material changes that apply when the seller is acting in the ordinary course of business and the purchaser is either a body with a turnover and asset value of under R3 million or an individual.

Buying a home is probably the largest investment decision most consumers will ever make, yet they often take less time when doing so than they would when, say, buying a new car.

The home buyer is a consumer when dealing with the estate agent and will enjoy protection under the CPA as regards implied warranties and rights.