Real Estate Agents are Accountable Institutions
in terms of FICA

By Law Estate Agents are required to:

• Verify the Identity of any Buyer, Seller, Landlord or Tenant
• Keep records of all transactions done
• Report certain Information to FIC (Financial Intelligence Center)

Estate Agents also have the responsibility to:

• Guard against crime and unlawful practices
• Report alleged or attempted crimes and unlawful or unethical activities without protecting any party involved

The Fica Documents That Estate Agents Require
From Their Clients:

Individuals:

• Completed authorization form (Landlords)
• Application Form (Tenants)
• Copy of ID or Passport & permit
• Current proof of address (dated in the last 3 months)

Companies:

• Completed Authorization form (Landlords)
• Application Form (Tenants)
• Company Registration Documents
• Resolution signed by all directors
• Signatory ID & proof of address
• Company proof of address

Trusts:

• Completed Authorization form (Landlords)
• Application Form (Tenants)
• Trust Documents
• Letter of Authority/Master of High Court
• Resolution
• Signatory ID & proof of address