Estate Agents – The Simple Mistake That Cost A 10% Commission
Estate Agents – The Simple Mistake That Cost A 10% Commission
Estate Agents – The Simple Mistake That Cost A 10% Commission
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.
KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.
Fostering Partnerships, Driving Results.
© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA
KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.
Fostering Partnerships,
Driving Results.
© KVV Inc. Attorneys 2025.
All Rights Reserved. Privacy Policy | POPIA