eaab.org.za How to Deregister & Reregister : Estate Agency Affairs Board

Name of the Organization : Estate Agency Affairs Board
Type of Facility : How to Deregister & Reregister
Location : Johannesburg

Website : https://www.eaab.org.za/home

How To Apply For EAAB De-Register?

How To Deregister :
** In closing down an existing agency firm the following documentation is required to be submitted to the Estate Agency Affairs Board Registrations Department :
** A letter from the bank, confirming the closure and relevant date in respect of the trust account/s
** All outstanding audit reports are to be up to date;

Related : Estate Agency Affairs Board Submission of Audit Reports : www.southafricain.com/5102.html

** Payment of any outstanding levies and/or penalties (if any);
** Should the date of closure of the trust account follow the period of audit of a financial year end, an additional audit report will have to be submitted to cover the period since

** the last completed audit report, up to the date of closure of the trust account;
** Letter from the agency’s auditors, confirming the correct procedures insofar as the transfer of the trust funds (if any);
** Letter from the principal of the agency, requesting deregistration as an estate agency from the EAAB;
** Return of all current year’s Fidelity Fund Certificates by the agency (if any).

Please Note :
** No de-registration request will be considered without submission of all relevant documentation.

How To Re-Register An Estate Agency Firm ?

To Re-register a firm Principal : Director, Member, Partner or Sole Proprietor the following documents must be submitted :
** A certified ID copy;
** A letter from appointed auditors (IRBA registered);
** CK documents (if it is an already existing CC);
** CM documents if it’s a company;
** Both Business and Principal application forms;
** A letter from the bank confirming that trust account has been opened in terms of Section 32(1) of Act 112 of 1976;
** A signed letter from the principal instructing the EAAB to Re-register the firm;
** Required payment or Proof of payment.

Please Note :
** No Re-registration will be done without any of the required documents

FAQ On Estate Agency Affairs Board

Frequently Asked Questions FAQ On Estate Agency Affairs Board

Q: What is the Estate Agency Affairs Board (EAAB)?
A: The Estate Agency Affairs Board (EAAB) is a regulatory body that oversees the estate agency industry in South Africa. It was established in terms of the Estate Agency Affairs Act, and its primary role is to regulate and control estate agents’ activities and to ensure that they comply with the industry’s ethical and professional standards.

Q: What is the EAAB’s mandate?
A: The EAAB’s mandate is to regulate and control certain activities of estate agents in the public interest. This includes the registration and licensing of estate agents, the setting of educational and training standards, the investigation of complaints against estate agents, and the enforcement of compliance with the Estate Agency Affairs Act.

Q: Who needs to register with the EAAB?
A: Anyone who wishes to practice as an estate agent in South Africa must be registered with the EAAB. This includes estate agents, intern estate agents, and non-executive directors of estate agencies.