Legislation and Regulations

 

 


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From monthly archives: May 2025

We are pleased to present below all posts archived in 'May 2025'. If you still can't find what you are looking for, try using the search box.

Key Legislation in the South African Property Industry

Legislation in the property sector isn't just red tape—it's the backbone that ensures fairness, protects rights, and provides stability in an otherwise unpredictable market. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, understanding the laws that govern the industry is essential for making informed decisions and safeguarding your interests.

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The Alienation of Land Act (ALA)

The Alienation of Land Act 68 of 1981 (ALA) in South Africa sets out the legal requirements for the sale, exchange, or donation of land. It mandates that all such agreements must be in writing and signed by the parties involved (or their authorised representatives). This ensures legal clarity, protects both buyers and sellers, and reduces the risk of disputes.

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The Broad-Based Black Economic Empowerment (B-BBEE) Act

The Black Economic Empowerment Act encourages inclusive ownership, management, and control across sectors — from financial services to property and professional services — while also promoting skills development, employment equity, and enterprise development.

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The Consumer Protection Act (CPA)

The Consumer Protection Act (CPA) in South Africa aims to establish a fair, accessible, and sustainable marketplace for consumers. It protects consumers from unfair business practices, ensures product safety, and provides recourse for faulty products or misleading information.

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The Deeds Registries Act

The Deeds Registries Act serves as the legislative backbone of the country’s land registration system. It ensures that property transactions are not only formally recorded, but also legally enforceable — protecting owners, buyers, and lenders alike.

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The Expropriation Act

The Expropriation Act formalises and clarifies the state's constitutional authority to expropriate property under Section 25 of the Constitution. It sets out how expropriation must occur — emphasising a balance between public interest needs and the protection of individual rights — while offering a legal pathway for disputes to be fairly heard and resolved by the courts.

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The Financial Intelligence Centre Act (FICA)

The Financial Intelligence Centre Act forms part of South Africa's broader strategy to protect the integrity of its financial system. It ensures that businesses handling financial transactions contribute actively to detecting and preventing financial crime, safeguarding the economy, and upholding the rule of law.

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The Legal Practice Act

The Legal Practice Act represents a significant shift in the legal profession’s regulatory environment, replacing older systems that were often fragmented and lacked national consistency. It is designed not only to bring about structural transformation but also to promote ethical service delivery, fair access to justice, and the protection of the public.

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The Property Practitioners Act (PPA)

The Property Practitioners Act modernises and expands the regulation of property-related professions. It responds to the changing needs of the property sector and introduces stricter compliance, broader oversight, and enhanced protection for consumers engaging with property practitioners across a range of transactions.

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Protection of Personal Information Act (POPIA)

The Protection of Personal Information Act is part of a global movement towards stricter data protection standards. It ensures that individuals retain control over how their information is collected, stored, and shared. For businesses, POPIA compliance is not optional — it is a legal obligation critical for maintaining trust and avoiding severe penalties.

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