We know that there are still some of you battling to renew your FFC, so we have decided to share some tips to help you out. Please note the contents of this article has been extracted from this PPRA Notice.
- The cut-off date to renew your 2023 FFC is 31 Oct 2022
- Your renewal is paid for 3 years in advance
- There is no payment plan allowed for with regards to the renewals
- Principal renewals have to be applied and paid for first
- Agencies do not have to pay for renewals but still need to renew via the PPRA portal.
The firm or business practitioner on longer pays any FFC fees as a result of the legislation which provides that only natural persons pay for FFCs.
- Following this, all other Property Practitioners can renew
- There is no provision in any legislation or policy which allows the practitioner to get a refund should they leave the industry during the renew period paid for
When you renew, remember
- You must use your correct 7-digit ref number
- You need to renew on your PPRA portal “Renew individual FFC”
- You will then be issued an automated invoice giving you the correct amount payable
- Pay your invoice and PDF the Proof of Payment
- Download and complete your application form [PPRA Individual FFC Application Form]
- Click here for a link to the PPRA, and scroll down for the application form
- Upload these documents [POP & Application form] onto your PPRA portal, Log a query, FFC enquiry
To watch a Property Practitioner renewal
Now it’s time to pay for your renewal
- For access to the PPRA Fees click here
- Current Candidate [Intern] for less than 24 months = R1540
- Current Candidate [Intern] for more than 24 months = R2340
- Current Non-Principal [Property practitioner | Full Status] = R2340
- Current Principal = R2340
If you don’t renew in time you will be penalised R125 per month.