IEASA Webinar - Mandates and Mandatory disclosure and the Code of Conduct - 23 August 2022

Tue Aug 23, 10:00 - Tue Aug 23, 12:30

Online Webinar

ABOUT


IEASA Webinar - Mandates and Mandatory disclosure and the Code of Conduct 


Presenter:  Koti Steynberg


Host:  Annette Evans


The party’s to the mandate

  • Sellers
  • Company


Types of mandates

  • Open / non-exclusive
  • Joint 
  • Sole


Options for marketing

  • Only the listing agent
  • Office sharing
  • Mini listings
  • Listing Group (ML / Maxi listing)


Applicable Acts and By-laws

  • CPA
  • FICA
  • POPIA
  • City of Cape Town bylaws 
  • COVID19
  • PPA / PPR 
  • Code of Conduct (PPRA)


Elements of the Mandate

  • Identify Property
  • Identify Parties (Authority to sign)
  • Starting & End date
  • CPA declaration (5 days cooling off)
  • Asking price
  • Commission 
  • Undertaking by Seller
  • Undertaking by Property Practitioner 
  • Declare registration with PPRA
  • Defects disclosure
  • For Sale / Sold / On show boards
  • POPIA clause
  • Declare explanation of mandate document


Addendums to Mandate

  • Mandatory - FICA
  • Mandatory – Condition disclosure SELLERS


Optional documents – Not part of Mandate

  • Fixtures Fittings 
  • Levy Statements
  • Municipal account
  • Building plans
  • Complex rules
  • Complex financials/minutes of the last meeting


Date:   Tuesday 23 August 2022

Time:  10h00 - 12h30

Venue:  Online via Zoom

Cost:   R250 IEASA Members and R350 Non-Members

CPD Points: 2.5 non-verifiable points for personal / professional category