Rebosa applies for BEE certificate exemption
The PPRA has called for industry input on Rebosa’s application for BEE certificate exemption for valid but non-compliant certificate holders.
The PPRA has called for industry input on Rebosa’s application for BEE certificate exemption for valid but non-compliant certificate holders.
As the PPRA adheres to its newfound stance that BEE certificates need to be both compliant and valid, Sakeliga has announced its intention to sue the Authority. Join their upcoming webinar to learn more.
Real estate businesses with more than R2.5 million in annual turnover must become BEE compliant by 2025 or risk not being able to renew their FFCs.
As a real estate agency owner, you must submit a verified BEE certificate to obtain your FFC. But what if your estate agency can’t meet the minimum requirements?
With the PP Act and Regulations now in full force as of 1 February, property practitioner firms (business property practitioners or estate agencies, inclusive of sole proprietors) will not be able to apply for or renew their Fidelity Fund Certificates (FFCs) without submitting a valid BEE certificate.
Being a Property Practitioner is not a typical corporate career. Due to its entrepreneurial nature, there is no set paycheck. Remuneration is determined by the practitioner.