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Estate Agency Affairs Board welcomes forensic audit


Estate Agency Affairs Board welcomes forensic audit
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The Estate Agency Affairs Board (EAAB) has welcomed the forensic audit instituted by the Minister of Human Settlements, Water and Sanitation into its affairs, and says it has, in fact, reached out to the Director General to “move the matter forward”.
While the Board does not know the reasons for the forensic audit – which was called for on March 1, it is confident that all its affairs are in order and will “fully cooperate” with the process.
In a media statement on the matter, chairman Nkosinathi Biko notes that the Auditor-General has been the EAAB’s auditor since 2018, and received a “clean audit” in the most recent financial year. ....

Tony Clarke , Lindiwe Sisulu , Africa Rebosa , Estate Agents Fidelity Fund , Estate Agency Affairs Board , Fidelity Fund Certificates , Human Settlements , Director General , Nkosinathi Biko , Real Estate Business Owners , South Africa , டோனி கிளார்க் , நம்பகத்தன்மை நிதி சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , மனிதன் குடியேற்றங்கள் , இயக்குனர் ஜநரல் , ரியல் எஸ்டேட் வணிக ஓநர்ஸ் ,

Estate Agency Affairs Board faces forensic audit as Rebosa takes it to court


Estate Agency Affairs Board faces forensic audit as Rebosa takes it to court
By Property Writer
Cape Town – The embattled and long-troubled Estate Agency Affairs Board (EAAB) is facing the wrath of the law and government in what can only be described as a bad start to the month for the regulatory body.
Not only is it facing a forensic audit but also a legal battle to try and force it to issue outstanding Fidelity Fund Certificates to qualified agents.
Earlier this week, Minister for Human Settlements, Water and Sanitation Lindiwe Sisulu, in a “powerful demonstration of support for the property industry”, ordered a forensic audit of the EAAB. ....

Cape Town , Western Cape , South Africa , Tony Clarke , Africa Rebosa , Lindiwe Sisulu , Audit Of The Estate Agents Fidelity Fund , Estate Agency Affairs , Estate Agency Affairs Board , Fidelity Fund Certificates , High Court , Human Settlements , Sanitation Lindiwe Sisulu , Real Estate Business Owners , Property Practitioners Bill , Estate Agents Fidelity Fund , Estate Agency Affairs Act , கேப் நகரம் , மேற்கு கேப் , டோனி கிளார்க் , நம்பகத்தன்மை நிதி சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , உயர் நீதிமன்றம் , மனிதன் குடியேற்றங்கள் , ரியல் எஸ்டேட் வணிக ஓநர்ஸ் , ப்ராபர்டீ ப்ர்யாக்டிஶநர்ஸ் ர சி து ,

Estate Agency Affairs Board plans to defend itself in court


Estate Agency Affairs Board plans to defend itself in court
By Edward West
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CAPE TOWN - THE ESTATE Agency Affairs Board (EAAB) intends to defend legal action taken against it by the Real Estate Business Owners of South Africa (Rebosa) organisation, due to a near decade-old issue of the regulator not issuing Fidelity Fund Certificates (FFC) on time.
Last week, Rebosa said it had resorted to taking the EAAB to court for shoddy services delivery, following “years of attempted collaboration” in trying to resolve the problem, Rebosa chairperson Tony Clarke said in a statement.
Rebosa was going to court on behalf of “hundreds of members” who had not been issued its FFC for 2021. ....

Tony Clarke , Africa Rebosa , Agency Affairs Board , Fidelity Fund Certificates , Affairs Board , Real Estate Business Owners , South Africa , டோனி கிளார்க் , நம்பகத்தன்மை நிதி சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , வாழ்க்கைத்தொழில்கள் பலகை , ரியல் எஸ்டேட் வணிக ஓநர்ஸ் ,