New property law passed to protect home buyers

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New property law passed to protect home buyers
United States Latest News,United States Headlines
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Estate agents must have fidelity fund certificate.

Authorities have declared war on people who sell houses without fidelity fund certificates.An ombudsman for consumers ripped off in the property industry will soon be appointed.

The act provides more protection for consumers like Thokozani Mhlungu, who claimed that he was unfairly prejudiced by the person who sold him a house that he is yet to occupy.. In other words, lawyers are required to deal with property practitioners who have fidelity fund certificates and comply with the property practitioner's code of conduct.

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