The EAAB at long last broke their silence over the Gauteng High Court judgement in respect of the urgent court application brought by Rebosa to compel the regulator to comply with their mandatory duty to issue outstanding Fidelity Fund certificates (FFCs).
Despite the pandemic it seems buying luxury real estate is back in vogue as an investment option for the uber-wealthy, both internationally and locally.
When it comes to handling rental payments, nothing but the best is really good enough. Think about it – when dealing with other people’s money, do you feel comfortable taking a chance on sub-standard compliance and security?
Real estate transactions are at high risk of cybercrimes given the size of the transaction. The most prevalent of these being phishing scams, a trend that is on the rise due to an increase in online communications, work from home policies and weak software security systems.
The Estate Agency Affairs Board (EAAB) has been ordered to issue without delay all outstanding fidelity fund certificates (FFCs) to the applicants listed in the urgent court order brought by Rebosa.
Real estate has always experienced ups and downs, often in line with economic cycles. None of those disruptions has been as significant as the Covid-19 pandemic.
The PayProp Rental Index annual review for 2020 has confirmed the devastating effects of lockdown on the rental market in South Africa.
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Rebosa welcomes the forensic audit of the Estate Agency Affairs Board (EAAB) as ordered by Human Settlements Minister Lindiwe Sisulu as a step in the right direction.
The Covid-19 pandemic has brought about something of a digital gold rush, with businesses moving swiftly to meet the escalating demand from customers to browse, shop, meet and pay online.