The EAAB have responded in part to Rebosa’s request for CPD relief for agents in a statement released on 26 March 2020.
The EAAB have confirmed that the payment deadline for CPD fees will be extended to 31 May 2020.
The Covid-19 virus has brought South Africa to a standstill and the effects on the property industry are far reaching.
As part of the government’s response, the financial sector and major banks, business and government departments have all rallied together announcing measures including payment holidays, tax subsidies and debt relief funds to cushion the already ailing South African economy against the economic shocks of Covid-19.
Most unfortunately, the EAAB have not followed the example set by other institutions and there will be no waiver or even a reduction of CPD fees. The only concession currently being offered is the extension of the payment deadline.
Read full EAAB statement HERE