Acts Online
GT Shield

Property Practitioners Act, 2019 (Act No. 22 of 2019)

Chapter 8 : Property Practitioners

58. Limitation on relationships with other property market service providers

 

(1) A property practitioner may not—
(a) practise in association with any person which or who is prohibited by any law, any professional code of conduct, any code of ethics or protocol, report or charter on corporate governance, from doing so; or
(b) enter into any arrangement, formally or informally, whereby a consumer is obliged or encouraged to use a particular service provider including an attorney to render any service or ancillary services in respect of any transaction of which that property practitioner was the effective cause.

 

(2) The Minister may by regulation prohibit any relationship which could harm the interests of consumers.

 

(3) A person who renders any service in contravention of this section is not entitled to any remuneration, payment or consideration in respect of such services rendered, and if the consumer has paid any remuneration, payment or consideration of the relevant service provider must immediately upon request in writing by any affected party repay any such remuneration, payment or consideration, together with interest.

 

(4) A person who, within one month of being requested to do so, fails to repay any such remuneration payment or consideration together with interest is guilty of an offence.