How do you apply for a trust account exemption if you are a new property practitioner?

Question

The Property Practitioners Regulatory Authority (PPRA) · Accepted Answer

1. First apply for your firm registration on the MyPPRA Agents Portal and obtain a firm reference number that starts with the letter “F”

2. Complete the Affidavit as per the format prescribed in Regulation 2 of the Property Practitioners Regulations;

3. Have the Affidavit signed and stamped by a Commissioner of Oaths;

4. Email the signed Affidavit to audit@theppra.org.za;

5. You will be emailed a trust account exemption letter that you then need to submit to Licensing Department for the finalization of your firm registration