Property News You Can Use

Property News You Can Use

The Property Practitioners Act Is Passed

Some significant changes are set to kick in on 1 February 2022 when the Property Practitioners Act regulations commence. This is a positive step for the industry and promotes transparency and accountability.
The actual documentation around the Property Practitioners Act is quite long and obfuscated, so Marsha from Harcourts found all the essential elements.

 

A Long Time Coming

The Property Practitioners Act was finally passed (after about 4 years in the making) and will come into effect from 1 February. There is a lot to be happy about for all in the estate agency industry.

 

Practical Regulations

The Regulations are just to provide some of the practical ways that the Act will be implemented. Several aspects of the Act are not expanded on in the Regulations. This is either because they don’t need to be or maybe will not be implemented.

Story continues below…

 

Property Practitioners Act

St Francis Bay and Cape St Francis summer catalogue

 

Fidelity Fund Certificates

All estate agents will be required to present their own current FFC (Fidelity Fund Certificate) and the business/company they are employed at. These must be submitted to the conveyancing attorney at the time of Deed of Sale. No transaction may register, and commission paid out unless the agent and agency have current FFC’s.

The Code Of Conduct

The Code of Conduct is a set of rules all Agents and Estate Agencies have to conform to. Although they have been in play for a while, the rules relating to mandates and disclosures have been expanded. In short, no agent may advertise, canvass or undertake or offer to canvass a purchaser for the property without a signed mandate from the seller.

All sellers have to complete a declaration to disclose any defects to the property at the time of listing. This disclosure needs to be updated and re-signed at the time of the offer if it is older than 3 months.

Marsha, Harcourts

marsha.cooper@harcourts.co.za

Previously:

Property News You Can UseCoastal Towns Have Become Popular Retirement Spots Again.

 

 

Cooking With Conrad Gallagher – Tomato and Goat’s Cheese Pizza, with chorizo and rocket

Cooking With Conrad Gallagher – Tomato and Goat’s Cheese Pizza, with chorizo and rocket

Conrad Gallagher is an award winning Michelin-starred chef who has taken up residency in St Francis Bay Every week he shares something special with us. This week it is his famous Tomato and Goats Cheese Pizza with chorizo and rocket.

you will need:
900g/1lb 13oz plain Pizza Dough
6 ripe plum tomatoes, Sliced
1 × 125g/4oz log of goat’s cheese, Sliced Plus extra for sprinkling
20 thin slices of chorizo (about 125g/4oz) Rock salt and freshly ground black pepper 500g/1lb rocket
50ml/2fl oz olive oil
Serves 4

Cooking With Conrad GallagherShape the pizza dough into 4 very thin discs on a greased baking sheet. Leave to rest for 30 minutes. Preheat the oven to 180°C/350°F/Gas mark 4.

Bake the pizza bases for 20 minutes in the preheated oven, then remove from the heat and allow to cool. Reduce the oven temperature to 160°C/325°F/Gas mark 3.

Cover the bases with alternate layers of tomatoes, goat’s cheese, and
chorizo. Season with rock salt and black pepper and bake in the preheated oven until the cheese has melted for about 10 minutes.

Toss the rocket with olive oil and season. Serve the pizza with the rocket piled on top.

 

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