Enforcement

On 2 August 2011, the Estate Agency Affairs Board ("the EAAB"), represented by A.B. Scarrott Attorneys, confirmed the order obtained by the EAAB on an urgent basis on 24 May 2011.

As most consumers will, by now, be aware, CSTM was interdicted by the High Court, Gauteng South on 24 May 2011 from continuing to operate as an estate agent. This means that CSTM may no longer legally perform the functions and activities of an estate agent including, in particular, the management of sectional title schemes. The Court also...

On 19 April 2011, the Estate Agency Affairs Board, represented by A.B. Scarrott Attorneys, brought an application as a matter of urgency before the South Gauteng High Court asking for certain interim relief against Constantia Sectional Title Management (Pty) Limited and its then sole director, Quintin Brown.

We confirm that the hearing of the application brought by the EAAB in the South Gauteng High Court for interdictory and other relief against CSTM has been enrolled for hearing in Court 6E tomorrow, Tuesday 24 May 2011 at 10:00am, so soon thereafter the matter may be heard.

The EAAB instituted proceedings against CSTM in the South Gauteng High Court on 14 April 2011 under case number 15402/2011.

ESTATE AGENCY AFFAIRS BOARD (EAAB) PLACES HOLD ON FIRST NATIONAL BANK ACCOUNTS OPENED BY CONSTANTIA SECTIONAL TITLE MANAGEMENT (PTY) LIMITED

Following a disclosure regarding alleged improprieties in the conduct of the activities of CSTM a comprehensive investigation was recently launched by the EAAB. This matter is on the roll for urgent matters in the South Gauteng High Court tomorrow, 20 April 2011.