Estate Agents: Securing Your Trade Secrets (and Your Commission)

KVV Inc Attorneys

Published on: 04/03/2025

A valid Fidelity Fund Certificate (FFC) is crucial for estate agents. Without it, you can't earn commission, and any restraint of trade agreements with employees are unenforceable. A recent case highlighted this, where an agency's FFC was in the name of a dissolved close corporation, rendering their intern's restraint of trade void. Ensure your FFCs are always current and correctly named, as any structural changes require immediate FFC updates. Without a valid FFC at the time of service, you cannot operate legally.