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Choose a Provider That Suits Your Needs

Real estate is one of the most demanding careers out there – fast-paced, target-driven, and often high-stress. In fact, research ranks it among the top 10 most stressful jobs globally. Between chasing leads, closing deals, and hitting targets, the last thing you need is uncertainty around your education and compliance. That’s where we come in. At PropAcademy, we simplify things for you.

We hear the same stories every day:
Learners redoing qualifications because they were sold the wrong course. Others being misled about compliance timelines or persuaded into study groups that delay their success. The truth is, some providers, agencies or law firms keep you under their roof longer than needed – not for your benefit, but for theirs. This isn’t just unfair – it’s damaging.

Not All Advice Is Good Advice

Before you sign up for a course based on someone’s recommendation, ask yourself:

Do they really understand the education and compliance process?
If not, you could end up:

Taking the wrong qualification and missing your compliance deadlines.

Studying for months only to find out you’re ineligible for submission.

Losing your Fidelity Fund Certificate (FFC) renewal because you weren’t certified in time.

You must be fully compliant — that means qualified and certified — by September in the year your FFC expires. No certificate = no renewal.

What to Watch Out for in Group Study

Group learning has its place, but it can also delay your progress — and sometimes, cost you more than you bargained for:

Different paces: You may be held back by slower learners.

Forced waiting: Some providers delay submissions until everyone in the group is ready.

Material withheld: You only receive the next module once the whole group has caught up.

No control: Your progress depends on others, not your own efforts.

High risk, high cost: Miss one lesson? Some providers require you to repurchase the entire course — no partial catch-ups allowed.

Before you commit to group-based learning, ask: Is this in my best interest — or theirs? Your education journey should be built around your pace, your schedule, and your success.

Is It All About Price?

Of course, budget matters. But if you’re going to compare costs, compare fairly. Ask the right questions:

Do you know what you are buying? So many learners do not even know the name of the course/study programme they are on. You need to know!

Are you buying the full qualification or just a portion of it? Some providers offer “entry-level” pricing that only covers part of the course — and you’ll be asked to pay more later for the rest.

Is the provider accredited? Can they prove it with valid documentation?

Are you getting full support – or will you pay extra for that later?

Are webinars included – and are they live, recorded, or both?

Is the platform professional – or are you just receiving links and PDFs?

Are you working at your pace – or stuck waiting on others?

Don’t be fooled by a low price tag that doesn’t tell the full story. You deserve clarity, value, and a qualification that actually gets you across the line.

Final Thought

Before you commit to the cheapest option or follow someone else’s plan, make sure it’s the right one for you. Ask questions. Demand clarity. And choose a provider who puts your future first — not their own profits.

At PropAcademy, we support you from day one to done. No surprises, no hidden costs, just expert guidance and real results.

Understand the Study Methods Before You Commit

Are you getting everything you were promised? Not all “online” or “group” study experiences are created equal. Let’s break down your options — and what to watch out for:

Online Learning (Like PropAcademy)

What it is: 100% remote learning via a digital platform.
Best for: Independent learners, busy professionals, remote locations.
Pros: Flexible, self-paced, no travel needed.
Cons: Requires discipline and reliable internet.

Why PropAcademy stands out

A professional learning platform
Unlimited live & recorded webinars
Real people, real support
Clear navigation
Everything online
no printing or couriering

Hybrid (Blended) Learning

What it is: Online learning with some in-person sessions (like assessments or workshops).
Best for: Learners who want a bit of both.
Pros: Balance of structure and freedom.
Cons: Some travel required, fixed schedules for in-person parts.

Face-to-Face (Classroom-Based)

What it is: In-person classes with a trainer.
Best for: Learners who prefer structured environments.
Pros: Real-time interaction and support.
Cons: Fixed schedules, travel required, less flexible.

Distance Learning (Old-School Correspondence)

What it is: Paper-based or emailed materials with little to no online support.
Best for: Learners in areas with limited internet.
Pros: Doesn’t rely on technology.
Cons: Slow, outdated, often lacking proper support.

Choose What Sets You Up for Success

  1. Before you sign up with any provider, ask the right questions:
  2. Is their “online” course really online, or are you chasing paperwork and courier bags?
  3. Do they offer real support when you’re stuck?
  4. Is the platform professional, or just a glorified inbox?
  5. Check their customer reviews, have they allowed reviews on their socials?

The study method you choose impacts how quickly, smoothly, and successfully you qualify.

At PropAcademy, we’re not just ticking boxes — we’re setting you up for long-term success.

Choosing the Right NQF4 Real Estate Qualification: Your Career Deserves More Than a Quick Sale

In the current real estate training landscape, agents are being bombarded with offers, promises, and “too-good-to-be-true” deals. And unfortunately, many of them are just that.

At the heart of the confusion lies the NQF Level 4 in Real Estate. If you’re unsure about the difference between the Legacy qualification (SAQA ID 59097) and the Occupational Certificate (SAQA ID 118714) — or even what you’re being sold — you’re not alone.

The most common issue we’re seeing right now is misleading information being shared with learners, often in the rush to make a sale. But as a property professional, the most powerful thing you can do is take ownership of your education journey. And that starts with two key things:

1. Know the Course. Know the Code.

There are two versions of the NQF4 in Real Estate:

  • Legacy Qualification (59097):
    Originally expired on 30 June 2024. In March 2025, it was granted an enrolment extension to 30 June 2026. It’s still valid — but it is outdated and on its way out.
  • Occupational Certificate (118714):
    This is the updated NQF4 qualification. It aligns with the QCTO’s new framework and reflects the latest industry standards. This is the way forward.

Between July 2024 and February 2025, the Legacy qualification could not be sold. If you registered during that time, you should have been offered the Occupational Certificate.

As of April 2025, both qualifications are available, but it’s critical that you understand:

  • What qualification you’re enrolling in
  • What content is included (no hidden modules)
  • Whether there are extra costs (registration, printing, couriering)
  • How it’s delivered (fully online, hybrid, or physical)

2. Choose a Training Provider That Puts You First

If you’re comparing options, make sure you’re comparing apples with apples.
At PropAcademy, we often hear we’re “too expensive” — but what we offer isn’t a quick fix or a stripped-down shortcut.

It’s quality, compliance, and career growth — no fine print, no disappointments.

Why Choose PropAcademy?

  • No Reg Fees – What you see is what you pay.
  • No Price Hikes – Payment plans don’t cost more.
  • All Online – Study anywhere, anytime, no printing or couriering.
  • All-In-One – Full course upfront. No hidden modules.
  • Real Estate Experts – 10 years training agents across SA.
  • Super Simple – Easy-to-follow, clear navigation.
  • Real Support – Fast replies, real people, personal care.
  • Webinars That Work – Practical insight to build your career.
  • Success Is the Goal – We’re here to help you qualify, not just sell you a course.

Don’t Let Confusion Derail Your Career

In a sea of information, choose to know more. Ask questions. Confirm SAQA IDs. Demand transparency.

This is your qualification, your career, your future — and you deserve to get it right the first time.

Major Changes in the South African Real Estate Industry

Are you considering becoming a registered property practitioner in South Africa?

On 1 July 2024, the South African real estate industry witnessed significant changes that have redefined the landscape for Property Practitioners. The transition from legacy courses to new Occupational Qualifications marks a new era in professional development and certification within the industry.

Whether you’re new to the field or already have some qualifications, this guide will help you navigate the process of becoming a Property Practitioner.

For those with no prior qualifications or Equivalency Exemptions from the PPRA, here is a step-by-step guide to becoming a registered Candidate Property Practitioner:

  1. Register for an FFC at the PPRA
    • Required documents: a letter of employment, a certified ID, and the agency pin (usually starting with an “F”).
    • Condition: Enroll in the occupational qualification within 180 days.
  2. Enroll with an Accredited Skills Development Provider
    • Choose a provider like PropAcademy to complete your Occupational Certificate: Real Estate Agent.
  3. Complete the Knowledge and Simulated Practical Modules
    • These modules can be completed independently. Together, they provide 75 credits and should take approximately 3 months to complete.
  4. Register for an FFC if Not Done Previously
    • Provide certified proof of completion of the Knowledge and Simulated Practical Modules.
    • You will then have 180 days to complete the Work Experience Modules.
  5. Complete the Work Experience Modules
    • This must be done under the supervision of a Mentor or Principal you will have 6 months to complete this.
  6. Write the EISA
    • After completing the Work Experience Modules, you are eligible to write the External Integrated Summative Assessment (EISA).
  7. Qualification Award
    • Upon passing the EISA, your qualification will be recorded by the PPRA, making you eligible to write the Professional Designation Exam (PDE) 4.
  8. Pass the PDE 4
    • After passing this exam, the PPRA will award you the professional designation PPRE.
    • Keep in mind you would have to write this exam before you can renew your FFC again.
  9. Upgrade to Non-Principal Property Practitioner
    • You will also be upgraded from a Candidate Property Practitioner to a non-principal Property Practitioner.

If you have formal qualifications or Equivalency Exemptions from the PPRA, follow these steps to register as a Candidate Property Practitioner and obtain a Fidelity Fund Certificate (FFC):

  1. Register for an FFC at the PPRA
    • Gather the necessary documents: a letter of employment, a certified ID, and the agency pin (typically starting with an “F”).
  2. Commence Practical Training
    • Start the 6 practical training modules in the workplace immediately after receiving your FFC.
    • Training must be conducted under the direct supervision of a Mentor or Principal.
  3. Complete Practical Training Modules
    • Finish the 6 practical modules within 180 days from the date your FFC is issued.
    • Submit a confirmation of completion of these modules to the PPRA.
  4. Submit Confirmation of Completion
    • The PPRA must receive and approve the confirmation letter of completion of the 6 practical modules.
  5. Write the PDE 4
    • Once the PPRA approves your completion of the practical modules, you are eligible to write the Professional Designation Exam (PDE) 4.
  6. Earn the PPRE Designation
    • After successfully passing the PDE 4, the PPRA will award you the professional designation PPRE.
  7. Upgrade to Non-Principal Property Practitioner
    • You will be upgraded from Candidate Property Practitioner to a non-principal Property Practitioner.

Final Thoughts

Navigating the process to become a registered property practitioner may seem daunting, but with the right steps and timely actions, you can achieve your career goals. Stay organized, keep track of deadlines, and take advantage of resources like accredited Skills Development Providers to support your journey.

Good luck on your path to becoming a certified Property Practitioner in South Africa!

Important Update on Fidelity Fund Certificate Renewal for Property Practitioners

The Property Practitioners Regulatory Authority (PPRA) has announced a significant update regarding the renewal of Fidelity Fund Certificates (FFCs) and the handling of historical penalties: As stipulated in Regulation 15.4 of the Property Practitioners Act, it remains mandatory for all property practitioners to formally notify the PPRA in writing if they decide not to renew their FFCs.

Historically, failing to notify the PPRA and discontinuing practice without formal communication resulted in penalties for those returning to the industry. However, effective from June 20, 2024, the PPRA will no longer impose penalties on practitioners who did not engage in property dealings during their period of non-renewal.

Practitioners wishing to return to the industry will need to submit an affidavit, available through this link, confirming their absence from the sector along with supporting documentation.

This policy revision is designed to alleviate undue burdens on professionals re-entering the market, ensuring a smoother transition and compliance with regulatory standards. Property practitioners still operating without renewed FFCs by the annual deadline of 31 October will continue to face penalties, maintaining the integrity and professional standards of the industry.

For more details on the process and to access the necessary forms, please refer to the PPRA’s official guidelines. This change reflects the PPRA’s commitment to fair regulatory practices and supports property practitioners in maintaining compliance with ease.

This article is provided for informative purposes only and does not constitute legal advice. Property practitioners are advised to consult the PPRA directly or seek legal counsel to understand how these changes may specifically affect their business operations. PropAcademy is not responsible for any errors or omissions, or for the results obtained from the use of this information.

New Standards and Pathways of Education and Training for the Real Estate Sub-sector

In terms of Regulation 33 of the Property Practitioners Act

The PPA (Property Practitioners Act) in South Africa introduces significant changes to the regulation of the real estate industry. While the PPA aims to enhance professionalism and consumer protection in South Africa’s real estate industry, its implementation may bring about both opportunities and challenges for practitioners and stakeholders alike. Adapting to these changes will be crucial for navigating the evolving regulatory landscape effectively.

NQF4 Real Estate

Further education and training: NQF Level 4: Real Estate: SAQA ID 59097 is replaced by

Occupational Certificate: NQF Level 4: Real Estate: SAQA ID 118714.

NQF5 Real Estate

Occupational Certificate: NQF Level 5: Real Estate: SAQA ID 20188 is replaced by

Occupational Certificate: NQF Level 5: Real Estate: SAQA ID 121691.

If you currently have an FFC [before the end of June 2024]:

  • If you hold candidate status you must comply with the 2008 regulations.

The PPRA will no longer accept logbooks after 30 June 2024.

If your logbook is due after 30 June 2024, then your principal will need to co-sign a letter to submit to the PPRA. This letter will be released by the PPRA shortly.

  • If you hold principal, non-principal or candidate status without having your qualifications, then you are urged by the PPRA to register for the NQF4, RPL4, NQF5 or RPL5 (whichever course is applicable) before the end of June 2024. If you do not do this by the end of June 2024, you will need to register for the new qualifications, which means that in the case of NQF4 and RPL4, you will not be able to earn commission during the Knowledge and Practical components of your course.

How the PPRA will be implementing the new standards of education and training for the real estate sub-sector with effect from 1 July 2024 for:

  • Existing Principals property practitioners;
  • Principal property practitioners wishing to downgrade to non-principal property practitioner status;
  • Aspirant principal property practitioners;
  • Existing candidate property practitioners; and
  • Aspirants or new entrants wishing to joining the real estate sub-sector as candidate property practitioners for the first time.

Who is affected and how should this be handled?

Practical application to the various categories of property practitioners affected:

The table below will indicate the requirements to be met by 30 June 2024 and from 1 July 2024. The consequences for non-compliance are listed.

1.     Existing Principal, who has no formal qualifications, NQF5 and PDE5 have not been acquired:
Requirements to be met:Enrol in the NQF5 SAQA ID 20188 no later than 30 June 2024.
Then write and pass the PDE5.
Consequences:Enrol in the OC: Principal Real Estate Agent SAQA ID 121691.
You will not be allowed to renew your FFC when it expires.
 
2.     Existing Principal, already acquired the NQF5 SAQA 20188, or has been exempted against this, but has failed to write and pass the PDE5:
Requirements to be met:Write and pass the PDE5.
Consequences:You will not be allowed to renew your FFC when it expires.
 
3.     Principal, who wants to downgrade to non-principal, but has no formal qualifications:
Requirements to be met:Enrol in the NQF4 SAQA ID 59097 by no later than 30 June 2024.
Upon qualifying, write and pass the PDE4.
Consequences:You will not be allowed to renew your FFC when it expires.
 
4.     Principal, who wants to downgrade to non-principal, and has the NQF4 SAQA ID 59097 and NQF5 SAQA ID 20188, or has been exempted against this.
Requirements to be met:Write and pass the PDE4, unless completed before.
Consequences:You will not be allowed to renew your FFC when it expires.
 
5.     Existing non-principal, who has no formal qualifications, NQF4 and PDE4 have not been acquired:
Requirements to be met:Enrol in the NQF4 SAQA ID 59097 by 30 June 2024.
Upon qualifying, write and pass the PDE4.
Consequences:Enrol and complete the OC: NQF4 SAQA ID 118714.
You will not be allowed to renew your FFC when it expires.
 
6.     Existing non-principal, already required the NQF4 SAQA 59097 or has been exempted against this but has failed to write and pass the PDE4:
Requirements to be met:Write and pass the PDE4.
Consequences:You will not be allowed to renew your FFC when it expires.
 
7.     Non-principal, aspiring to become principal, from 1 July 2024, in possession of NQF4, PDE4, and NQF5 or exemption thereof.
Requirements to be met:Write and complete the PDE5, then you may become a Principal.
 
8.     Existing candidates, who failed to comply with 2008 regulations, did not complete the intern logbook, NQF4, and PDE4
Requirements to be met:Enrol in the NQF4 SAQA ID 59097 by 30 June 2024.
Submit a compliant intern logbook by no later than June 2024.
Failing which, to submit a letter co-signed by their principals and/or mentor confirming completion of the logbook and 12-month internship.
Upon qualifying for NQF4, write and pass the PDE4.
Consequences:You will not be allowed to renew your FFC when it expires.
 
9.     Existing candidates, who already acquired NQF4, or exempted against this, but failed to complete PDE4
Requirements to be met:Write and complete the PDE4.
Consequences:You will not be allowed to renew your FFC when it expires.
 
10. Aspirant candidate property practitioner with no formal qualifications and with no FFC from 1 July 2024.
Requirements to be met:
  • You can apply for an FFC and enroll in the new OC: NQF4 SAQA ID 118714 at the same time. This requirement also applies to candidates who applied for their FFCs before June 30, 2024, but are issued from July 1, 2024.
  • Enrol and complete the OC: NQF4 SAQA ID 118714.
  • Once you have completed the Knowledge and Practical modules, submit valid and certified proof of completion and/or statement of results to the PPRA.
  • Then register and receive your FFC as a candidate and immediately commence with the Workplace module. Which must be completed within 180 days of being issued an FFC.
  • Upon completion, submit a valid and certified proof of completion and statement of results.
  • Once the EISA is completed and the qualification awarded, a candidate becomes eligible to write PDE4.
  • Upon passing PDE4, they become non-principal property practitioners.
 

Information extracted from the Property Practitioners Regulatory Authority communique dated 14 June 2024 found here.

Disclaimer:

The information provided in this article is intended for general informational purposes only. While we strive to keep all updates accurate and up-to-date, the Property Practitioners Regulatory Authority (PPRA) regulations are subject to change, and may do so without prior notice. PropAcademy is not responsible for any inaccuracies that may occur, nor for any decisions made based on this information. We encourage readers to consult the PPRA directly or visit their official website for the most current information regarding educational regulations and compliance requirements.

Get Qualified to Uphold Your Status & Avoid Disqualification

As per revised clarity notice on 30 June 2023 deadline on compliance with education regulations published by the PPRA.

Given the ongoing hurdles, we feel the pressure placed on you as a Practitioner, so let’s clear things up.

WHAT MAKES ME COMPLIANT?

If you hold Intern/Full Status, then to be compliant within the 24 month period, the following must be marked as competent:

  1. Internship Logbook
  2. NQF4
  3. PDE4

If you hold Principal Status, then to be compliant the following must be marked as competent:

  1. Internship Logbook
  2. NQF4
  3. PDE4
  4. NQF5
  5. PDE5 (within 24 months of holding Principal Status)

WHO IS THE COMPLIANCE DEADLINE FOR?

Candidate/Intern’s who have not complied within 24 months from their first FFC issue date.

Full status agents who have not been found competent in the NQF4 or PDE4.

Principal’s who have not been found competent in the NQF5 or PDE5.

Unless they have proof of exemption.

WHAT HAPPENS IF I AM NON-COMPLIANT?

If you were non-compliant on the 30th June 2023, then you will be disqualified and automatically blocked on the PPRA portal effective 03 July 2023. This means that you will not be issued with a further FFC when you wish to renew.

Your current FFC remains valid and you can continue to trade until it expires.

SO, HOW DO WE FIX THIS?

This is how you lift your disqualification block.

Submit your application within 60 days of disqualification, requesting an extension of 6 months within which you must become fully compliant. If you do this within 60 days there will be no penalty fee.

The application needs to be made by use of the affidavit which you can download here.

The affidavit must be accompanied with a letter signed by the applicant, together with supporting documents on how the applicant will ensure they will comply within the extended 6 month period.

The application must be submitted to [email protected]

When the PPRA receive the application, they will consider it, approve or reject it, and advise the applicant of the outcome within 30 days.

If the application is approved, the disqualification will be removed and a letter issued granting the extension of 6 months.

The applicant has this time period to become fully compliant.

If the application is declined, or if an application was never made, then the practitioner will remain blocked until they are compliant and have notified the PPRA of their compliance.

In such instance, and if the practitioners FFC has expired, the practitioner may apply to register as a candidate property practitioner for the respective sub-sector in terms of Regulation 33 of the PPA.

If the practitioner complied fully before their FFC expires, and within the 6 month period (from the date of disqualification letter) the block will be removed.

If you fail to apply within 60 days of being notified of your disqualification, and are still disqualified at your FFC expiry date, you will not be issued with a FFC at your current practicing status until you have fully complied and you will have to pay a penalty.

Practitioners who cannot comply with the extension process, or meet the education requirements, may, when their current FFC expires, apply for an FFC as a candidate practitioner and must then comply with the candidates education regulations.

Old and new terminology:

Intern Status – Candidate Property Practitioner

Full Status – Property Practitioner

Principal Status – Principal Property Practitioner

Online Convenience cc t/a PropAcademy ©

Disclaimer: PropAcademy has prepared these notes to the best of their knowledge and have taken advice from various experts.  PropAcademy are indemnified against any misrepresentation or error that may occur herein.

Exam Prep for PDE4 & PDE5

10 Tips on Writing Your PDE

These tips only apply to the PDE – Professional Designated Exam – Level 4 and 5 regulated by the PPRA.

Don’t study using everyone’s handed-down crash course material; this will have you spinning with unanswered questions and outdated material.

The PDE exams are held online and at a venue, depending on the PPRA’s requirements.  Here are some instructions for both:

At a Venue:

  1. Take your ID, FFC and proof of exam registration with you.
  2. When the PPRA refer to a “seat number”, please ignore this.
  3. You are not allowed any electronic devices in the exam room, including a cell phone.
  4. It is an open-book exam so please take your PropAcademy course material into the exam and know where to find your answers; that is key! Index your files (soft or hard copy) and be very familiar with where everything is.
  5. Make sure that you have a backup pen.
  6. Don’t talk to others during your exam.
  7. Ensure you don’t just get up and leave the room; you must ask for permission.

What to purchase and what not to purchase

  1. Purchase our crash course if you haven’t already! The course is live on your profile for 6-weeks but can be completed as quickly as you like. We have both PDE4 and PDE5. This includes our training material updated after every exam, live classes for you to join online, and quizzes to test your knowledge.
  2. You will be advised to purchase the “EAAB/PPRA NQF4/5 Study Guides”. Please feel free to borrow these from your fellow colleagues. If you have purchased our course, these guides can be seen as your back up and in our course, we advise you on which chapters to focus on.

Complete our PDE course quickly!

  • You can register for our course before registering with the PPRA for your exam – whenever it suits you.
  • You start your course as your payment reflects. No waiting is required!
  • Payment options are available to suit your needs. You will see these on the checkout page and below.
  • 98% of the learners using our material have passed the 1st time!
  • Our course is based on the PDE exam papers, giving you the tools to knock this exam out of the park.
  • Watch the recorded webinars in your course at any time that suits you.
  • There are live webinars closer to exam time, where you can join your fellow writers and chat with our facilitator about your concerns.
  • Support channels are ready and waiting for you.

Purchase today & start as soon as your funds reflect.

It’s that easy. Study our range of courses and grow your career with us to guide you. Payment options: EFT, Debit, or Credit card. Alternatively, take advantage of our PayJustNow facility; you choose this option at the checkout page, apply for an interest-free loan [we cover the fees], and if you qualify, you will pay over three months instalments and have access to your course after your first payment.

Studying online with ease…

We have designed our platform to suit your needs. You are out and about, busy in meetings, and need something you can do in your own time, from wherever it suits you, at any time of day or night. So, we have developed it for you. Accompanied with videos in your course, live webinars, online support and more.

The above advice is based on real-life experiences from our learners.

Online:

  1. When the PPRA refer to a “seat number”, please ignore this.
  2. Make sure your mic and webcam work. Don’t have a webcam? Buy one!
  3. Don’t talk to others during your exam; you must be alone in a quiet room.
  4. When you book your exam, you may see you need to choose an area to write. Please click on the area to complete your booking but note. You can do this exam from anywhere quiet as long as you are online. The area is just there until the PPRA remove it.
  5. Ensure you don’t just get up and leave the room; you must ask for permission.
  6. Your internet connection must be bulletproof; you cannot afford to be disconnected.
  7. You should receive a practice test just before your exam; please do this; it will also show you how to draw a graph and a few other tricks for the day.
  8. Don’t bounce around from question to question; sometimes, you can’t return. Instead, answer the question as you read it.
  9. Know where to find your answers; that is key! Index your files (soft or hard copy) and be very familiar with where everything is.

2022 Deadlines: Am I Compliant

Kindly take note of these deadlines with regards to the PPRA.

1. Education Regulations

All practitioners must comply within two years of their first FFC. Those that do not have amnesty until 30 June 2023. This means you must have completed your 12-month intern logbook, your NQF Level 4 Real Estate 59097, and your PDE Level 4 exam in time. Failing which you will be barred from operating as a Property Practitioner. https://theppra.org.za/article/extension_of_the_education_requirements_compliance_deadline_

2. FFC & Registration Certificate Renewals

Renewals need to take place by the 31st of October each year. Your renewal is paid for 3 years in advance. Principal renewals have to be applied and paid for first. Agencies do not have to pay for renewals but need to renew via the Principal’s PPRA portal. Following this, all other Property Practitioners can renew. Click here for further tips on renewals.

3. Trust Accounts

Designation of Trust Account name must be changed by 31 August 2022 to:

“As designated by Sec 54(1) and 54(2) of the Property Practitioners Act No 22 of 2019.”

The PPRA has engaged all banks, through the Banking Association of South Africa, on the referencing of all existing trust accounts to the new section 54(1) and 54(2) naming convention under the PPA and the PPRA has given banks up to 31 August 2022 to finalise this change in referencing. Accordingly, existing trust accounts opened prior to 1 February 2022 and still containing a reference to the old section 32(1) and/or 32(2) of the EAAA can be accepted by the principals and auditors of business property practitioners up to 31 August 2022. However, all new trust accounts opened after 1 February 2022 must contain a reference to section 54(1) and/or 54(2) of the PPA.

4. Trust Account Audits

Trust accounts must be audited within four months from year-end. The four months were extended to six months for the 2022 submissions, meaning that if your year-end was Feb 2022, you must submit by no later than 31 August 2022.

5. RMCP

This contract had to be reviewed by 15 July 2022.

6. BEEE Certificates

All agencies must upload BEEE certificates.

7. SARS Certificates

All agencies must upload SARS certificates.

8. CPD

CPD occurs in three year rolling cycles.  As an example, if you started your CPD in 2022, it would run for 2022, 2023 and 2024.

You must complete your:

  • annual CPD program as instructed by the PPRA, normally by June of that year;
  • verifiable and non-verifiable points before 31st December of each year;
  • payment for the following year must be made by the 31st March of that year.

The PPRA FFC Renewal Process Explained

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.

Important Tips

  • 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.