Who Needs a Fidelity Fund Certificate in South Africa?
In South Africa’s property industry, a fidelity fund certificate is one of the most important legal requirements for property practitioners. Whether you are an estate agent, property manager, auctioneer, or principal property practitioner, understanding the importance of a fidelity fund certificate is essential for compliance and professional credibility. A valid fidelity fund certificate proves that a property practitioner is registered with the PPRA and legally authorised to operate in the real estate industry. Without a fidelity fund certificate, practitioners may not receive commission or legally conduct certain property-related activities. What Is a Fidelity Fund Certificate? A fidelity fund certificate is an official certificate issued by the Property Practitioners Regulatory Authority (PPRA). It confirms that a property practitioner complies with the regulations set out in the Property Practitioners Act. The fidelity fund certificate protects cons...