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Blog Posts (19)

  • Prohibition of Rendering of Services as an Estate Agent

    Notice to all stakeholders and the public in general Prohibition of rendering services as an estate agent The primary mandate of the Namibia Estate Agents Board (NEAB) in terms of the Estate Agents Act 112 of 1976 as amended is to: (a) Maintain and promote the integrity of estate agents having due regard to the public interest; (b) Issue a Fidelity Fund Certificate to qualifying applicants; (c) Prescribe the standard of training of estate agents; and (d) Investigate complaints and institute disciplinary proceedings against registered estate agents on alleged misconduct in terms of the Act. Section 26 of the Estate Agents Act 112 of 1976 inter alia provides that NO person shall perform any act as an estate agent unless:- (a) a valid Fidelity Fund Certificate has been issued to him, and to every person employed as an estate agent by him; and, if such person a person is a company, to every director of such company; and if such person is close corporation, to every member of such close corporation. If there is any doubt as to whether or not an estate agent is registered with the Board or has been issued with a valid Fidelity Fund Certificate, stakeholders or the public should not hesitate to contact the Namibia Estate Agents Board at 061-249885 or supervisor@neab.co.na to verify the registration status of the estate agent. All stakeholders and members of the public dealing with estate agents should require from the estate agent to present their valid Fidelity Fund Certificate for the particular year as issued by the NEAB before any such person is engaged. Registered Estate Agents are also issued with ID Cards for that particular year. Failure by the estate agent to furnish the requisite proof of registration shall disqualify those estate agents from rendering any estate agency services and earning any commission/remuneration on the relevant transaction.

  • Induction Training - New Estate Agents - August 2022

    Namibia Estate Agents Board (NEAB) hosted its third Induction Training Workshop for the year on Thursday, 04th August 2022. The Induction Training workshop is hosted after every Online State Agents examination for all the candidates that passed the examination. The main objective of the Induction Training Workshop is to prepare the candidates for the real estate industry and provide them with the necessary information to hit the ground running. The Keynote speaker at the induction workshop was Ms. Diina Nashidengo, Director of Commerce: Ministry of Industrialization and Trade. Further presentations were held by the Financial Intelligence Centre (FIC), City of Windhoek (COW), and Public Accountants and Auditors Board (PAAB).

  • Opinion - Analysing the Property Practitioners Bill

    What is the Property Practitioner Bill? It is a new piece of legislation that will replace the Estate Agency Act 112 of 1976. Its main purpose is to establish the Property Practitioner Regulatory Authority, which will replace the Namibia Estate Agents Board; to regulate the affairs of all property practitioners; to allow for transformation in the property sector, and to provide for consumer protection. The Act will commence on a date yet to be decided upon. Regulations must still be published. The minister must first make rules training requirements property practitioners, who will now be joining the fray, need to undergo, and the minister must also publish a code of conduct. So much work still lies ahead before the Act can commence. Newspaper Article Link: https://neweralive.na/posts/opinion-analysing-the-property-practitioners-bill

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  • Registration Form | NEAB

    Online Estate Agents Examination Registration Form EXAMINATION DATE: 09 December 2022 OPENING DATE FOR REGISTRATION: 17th October 2022 CLOSING DATE FOR REGISTRATION: 18th November 2022 A. EXAMINATION REGISTRATION FEE - N$ 1000.00 B. STUDY MATERIAL: STUDY GUIDE - N$ 800.00 ESTATE AGENTS ACT 112 of 1976 - N$ 200.00 FINANCIAL INTELLIGENCE ACT 13 of 2012 - N$ 200.00 TOTAL COSTS - N$ 2200.00 (EFT and Direct Bank Deposits only) B. NAMIBIA ESTATE AGENT EXAMINATION APPLICATION FORM INSTRUCTIONS: STUDY MATERIAL CAN BE COLLECTED AT NEAB OFFICES AFTER REGISTRATION PLEASE UPLOAD A COPY OF ID/PASSPORT/DRIVERS LICENSE PLEASE UPLOAD A COPY OF THE POLICE CLEARANCE CERTIFICATE PLEASE UPLOAD PROOF OF PAYMENT PLEASE TICK APPROPRIATE BLOCKS WHERE INDICATED ALL QUESTIONS MUST BE ANSWERED PLEASE NOTE NO CASH OR CHEQUES WILL BE ACCEPTED YOU SHOULD RECEIVE A 'CONFIRMATION EMAIL ' AFTER SUBMITTING THE FORM. IF NOT, PLEASE RECAPTURE AND SUBMIT AGAIN WITH THE CORRECT EMAIL ADDRESS ​ C. BANKING DETAILS ​ BANK WINDHOEK MAERUA MALL BRANCH BRANCH CODE: 483-872 ACCOUNT NUMBER: 1024947901 (Fund Levy Account) REFERENCE: First Name and Surname (E.g. John Doe) PERSONAL DETAILS TITLE MR MRS MISS DR. PROF. HON. FIRST NAME EMAIL DATE OF BIRTH POSTAL ADDRESS COUNTRY arrow&v TELEPHONE GROUP Select Exam Date arrow&v Certified Copy of ID / Passport / Drivers License Upload File Upload supported file (Max 15MB) SURNAME GENDER Choose an option arrow&v IDENTITY NUMBER STATE/REGION Choose an option arrow&v TOWN Choose an option arrow&v MOBILE PHONE DATE OF REGISTRATION Proof of Payment Upload File Upload supported file (Max 15MB) Police Clearance Certificate Upload File Upload supported file (Max 15MB) I hereby confirm and declare that all information provided is true and correct I want to subscribe to the newsletter. Register

  • Gallery | NEAB

    Event Gallery NEAB Estate Agents Induction Training Workshop - Palm Hotel - Windhoek - 04 August 2022 NEAB Estate Agents Induction Training Workshop - Safari Court Hotel - Windhoek - 11 May 2022 NEAB and Weder, Kauta and Hoveka - Principal Estate Agents Training - Windhoek - 28 April 2022 NEAB and Weder, Kauta and Hoveka - Principal Estate Agents Training - Swakopmund - 25 April 2022 NEAB Board and Staff - March 2022 NEAB Committee Roadshow - Swakopmund - 08 November 2021 NEAB Committee Roadshow - Windhoek - 12 November 2021

  • Home | Namibia Estate Agents Board (NEAB)

    Regulating Estate Agents for the Safety of the Public The NEAB regulates the estate agency profession by ensuring that all persons carrying out the activities of an estate agent as a service to the public are registered with the NEAB Online Exam Registration Notifications Aug 29 Prohibition of Rendering of Services as an Estate Agent Notice to all stakeholders and the public in general Prohibition of rendering services as an estate agent The primary mandate of the... Jul 27 Opinion - Analysing the Property Practitioners Bill What is the Property Practitioner Bill? It is a new piece of legislation that will replace the Estate Agency Act 112 of 1976. Its main... Jul 13 Auditors for Estate Agents Section 29 and Section 32 of the Estate Agents Act make references to the duty of estate agents to keep financial records (including... Jul 9 Estate Agent Trainers Wanted NEAB is looking for people who want to be accredited to offer training to candidates who wish to write the NEAB estate agent examination.... Jul 8 Namibia Property Practitioners Bill The Property Practitioners Bill is a new piece of legislation that will replace the Estate Agency Act 112 of 1976. Its main purpose is to... Jun 23 Payment of Stamp Duties on Lease Agreements Notice Please note that ALL lease agreements entered in Namibia MUST be stamped in terms of the Stamp Duty Act of 1993. This means that revenue... May 11 Induction Training - New Estate Agents - May 2022 Namibia Estate Agents Board (NEAB) hosted its second Induction Training Workshop for the year on Wednesday, 11th May 2022. The Induction... Apr 20 NEAB and Weder, Kauta and Hoveka Law Firm - Training for Principal Estate Agents The Namibia Estate Agents Board in conjunction with Weder, Kauta and Hoveka Law firm will be hosting a training designed for Principal... What can we do for you today? Enrol for Online Examination Get the documents you need to register for the agent exams Register Get Fee Structure Download fee structures for agent exams. Please reach out if you have any questions Fees Agent Registration Want to become a registered agent, find the documents needed for your application Get Documents Welcome to NEAB We aim to safeguard the public from fraudulent practices Read More The Namibia Estate Agents Board (“NEAB”) was established in 1976 in terms of the Estate Agents Act, 112 of 1976 (“the Act”), with the mandate to regulate and control certain activities of estate agents in the public interest. The NEAB regulates the estate agency profession by ensuring that all persons carrying out the activities of an estate agent as a service to the public are registered with the NEAB. A fidelity fund certificate, which is to be renewed each year, is issued as evidence of such registration and confirmation that such a person is legally entitled to carry out the activities of an estate agent. Resources Get member documents and other related documents for your use View More

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