New Property Practitioners Bill to be Gazetted
Cabinet has announced that the new Property Practitioners Bill is to be gazetted for public comment within the next few weeks.
The Bill if successful will repeal the current Estate Agency Affairs Act, which is more than 40 years old. The bill is in response to the changing market conditions and dynamics, in order to create an enabling environment to enhance economic activity within the real estate market. It will also address the need to enhance compliance, enforcement and transformation in this sector.
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