PROCEDURE WHEN APPLYING FOR EXEMPTION BASED ON AGE OF 60 YEARS AND ABOVE AGAINST THE NQF LEVEL 4 AND/OR 5 REAL ESTATE QUALIFICATIONS AND PROFESSIONAL DESIGNATION EXAMINATION FOR PRINCIPALS AND FOR NON-PRINCIPALS – 1 APRIL 2018
The Press release dated June 30, 2011: EAAB grants estate agents qualification and PDE exemption for over 60’s deals with the resolution and policy approved by the EAAB Board for the grant of exemption and process that must be followed by interested and qualifying estate agents who are aged 60 years and above. The fee payable to the EAAB for the consideration and assessment of each individual application (portfolio of evidence) and for consideration into the interview phase is the sum of R2130.00, effective from 01 April 2018.
If the applicant is a registered estate agent holding a valid fidelity fund certificate, and meeting the policy criteria and upon submission of a compliant portfolio of evidence as per policy requirements, must pay the above-mentioned fee into the following bank account, namely:
Account Name: Estate Agency Affairs Board
Bank Name: ABSA
Account Number: 4052033310
Branch Code: 632005
Payment reference: Applicant’s 7 digit reference number. Those unsure of this number must contact 087 285 3222 9our Call Centre) for confirmation of the correct number prior to making payment.
Upon receipt of the portfolio of evidence, regarded as an application for the exemption, the relevant Education and Training official will assess the portfolio for compliance and ensure the paid fee is processed prior to inviting the applicant for an interview. Once the applicant has been invited for such an interview, it is incumbent upon the applicant to confirm and attend the scheduled interview as per invitation.
It should be noted that in view of the set deadline for qualifications compliance and to avoid disqualifications, the EAAB will be conducting the interviews as per set schedule/invitation and no rescheduling/postponements will be allowed.
Any persons who postpones or does not attend as scheduled must arrange to attend the interview at the EAAB offices prior to the cut-off date or within allowable set-deadlines, failing to arrange, attend and successfully complete the interview in order to be granted exemption will render the person disqualified in terms of Section 27 of the Estate Agency Affairs Act. Additionally non- confirmation and non-pitch at the interview venue without a valid reason will result in the forfeiture of the paid fee.
The Education and Training Department
ESTATE AGENCY AFFAIRS BOARD