Estate Agency Affairs Act, 1976 (Act No. 112 of 197

Regulations

Standard of Training of Estate Agents Regulations, 2008

7. Remedial Training
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(1)If, after completion of the Recognition of Prior Learning process contemplated in regulation 6(1), an estate agent fails to meet the required standard to be certified in respect of the educational requirements referred to in regulation 4, the said estate agent will be given an additional period of 2 years from the date of completion of the Recognition of Prior Learning process to undergo any remedial training that may be required to be certificated in respect of the relevant qualification.

 

(2)A relevant SETA or any Recognition of Prior Learning Centre accredited by the Board must, within 30 days of the registration of a candidate for the purpose of undergoing the Recognition of Prior Learning process, and in a manner and form determined by the Board, inform the Board of the registration of such candidate for assessment purposes to enable the Board to determine the educational status of such estate agent for the purpose of the issue by the Board of a full status fidelity fund certificate to such candidate.

 

(3)Despite regulation 4(3), an estate agent who, on the effective date, is registered as either a non-principal or principal estate agent, will be exempted from the Professional Designation Examination referred to in regulation 4, if the said estate had continuously held a full status fidelity fund certificate, issued by the Board, for a period of not less than 5 years.

 

(4)The Recognition of Prior Learning process contemplated in regulation 6(1) must be conducted in accordance with the guidelines developed by the Board in accordance with the broad strategic guidelines captured in the Guideline Document published by SAQA in June 2004 under the title "Criteria and Guidelines for the Implementation of the Recognition of Prior Learning" (ISBN: 0-9584572-2-0).

 

(5)Credits towards the educational qualifications referred to in regulation 4 must be granted to an estate agent whose knowledge and skills, after due assessment in accordance with the prescribed NQF procedures, matches the learning outcomes of either of the educational qualifications referred to in regulation 4.