In South Africa, the Property Practitioners Regulatory Authority (PPRA) requires certain individuals and entities to register with them. The following are required to register with the PPRA:
Estate agents: Any person or company that operates as an estate agent or performs estate agent functions in South Africa is required to register with the PPRA. This includes those who sell, lease, or manage immovable property for a fee or commission.
Rental agents: Individuals or entities that manage rental properties or collect rent on behalf of property owners are also required to register with the PPRA.
Property valuers: Anyone who performs property valuation services for a fee or commission, including independent valuers and valuers employed by financial institutions, must register with the PPRA.
Property inspectors: Individuals or entities that perform property inspections for a fee or commission, including those who provide inspection reports for buyers or sellers of property, are also required to register with the PPRA.
It's important to note that registration with the PPRA is a legal requirement for those who fall under any of the above categories, and non-compliance can result in penalties or legal action.