SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Develop and establish policies and procedures in a real estate business 
SAQA US ID UNIT STANDARD TITLE
15087  Develop and establish policies and procedures in a real estate business 
ORIGINATOR
SGB Real Estate 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard forms part of the qualification, National Certificate in Real Estate, registered at Level 6 on the National Qualifications Framework.

Learners working towards this standard will be learning towards the full qualification, or will be working within a Property Environment, specialising in either Property Management, Estate Agency Sales or Rental, or Property Valuation, where the acquisition of competence against this standard will add value to their understanding of the sector and functioning in the workplace.

This standard will also add value to learners who are starting or working in their own Property and / or Real Estate business.

The purpose of this standard is to allow learners to develop an understanding of the legislative framework within which real estate policies and procedures should prescribe practice.

The qualifying learner is capable of :
  • Identifying and establishing legislative issues to be incorporated into policies and procedures
  • Evaluating and mediating arbitration cases
  • Evaluating and implementing legal terms and conditions for a real estate business. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in the standards towards a National Certificate in Real Estate Practice at NQF Level 5 or equivalent.

    They must also be able to apply mathematical, financial and accounting practices to the equivalent of NQF Level 6. 

    UNIT STANDARD RANGE 
  • Legislative requirements including: The Estate Agents Act 112 of 1976, Sectional Title Act 95 of 1986, Alienation of Land Act 68 of 1981, Shareblock Control Act, Employment Equity Act, Rent Control Act 80 of 1976, Matrimonial Property Act 88 of 1984, Upgrading of Land Tenure Rights Act 112 of 1991, Arbitration and mediation procedures including Arbitration Act, Contract Law, Agency Law, Company Law, Basic Conditions of Employment Act, Labour Relations Act, Compensation of Injuries and Diseases Act, Retirement Schemes Act, Timeshare Act, Extension of Security of Tenure Act.
  • Code of Conduct for Estate Agents, Estate Agency Affairs Act
  • Common law with regard to estate agencies
  • Judicial definition of the concept of market value as applied to income producing properties and mass valuations, building and management contract, property taxation. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify and establish legislative issues to be incorporated into policies and procedures. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Hierarchy of planning controls with respect to land and urban development is identified. 

    ASSESSMENT CRITERION 2 
    2. Case law is studied, assessed and analysed. 

    ASSESSMENT CRITERION 3 
    3. Procedures for legal compliance are developed. 

    ASSESSMENT CRITERION 4 
    4. Consultations are held where necessary to gain expertise. 

    ASSESSMENT CRITERION 5 
    5. Procedures are user friendly. 

    SPECIFIC OUTCOME 2 
    Evaluate and mediate arbitration cases. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Proceedings are conducted according to requirements. 

    ASSESSMENT CRITERION 2 
    2. Legislative and statutory requirements are interpreted. 

    ASSESSMENT CRITERION 3 
    3. Trust is instilled in all stakeholders. 

    ASSESSMENT CRITERION 4 
    4. Ruling is made. 

    ASSESSMENT CRITERION 5 
    5. Decision is communicated. 

    ASSESSMENT CRITERION 6 
    6. Ruling is used as an example in future cases. 

    SPECIFIC OUTCOME 3 
    Evaluate and implement legal terms and conditions for a real estate business. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. All legal aspects are complied with. 

    ASSESSMENT CRITERION 2 
    2. All legislative and statutory factors are interpreted. 

    ASSESSMENT CRITERION 3 
    3. Impact of legislation on policies and procedures are analysed and assessed. 

    ASSESSMENT CRITERION 4 
    4. Step by step process is followed and recorded. 

    ASSESSMENT CRITERION 5 
    5. Complex legal problems are analysed, assessed and solved. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Providers will be accredited against this unit standard and assessors registered by the relevant Education Quality Assurance Body (ETQA). 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    EMBEDDED KNOWLEDGE
  • A basic understanding of historical weaknesses in exposure to legal issues.
  • An in depth understanding of legislation pertaining to property businesses.
  • A general understanding of communication skills.
  • A basic understanding of environmental law and action group issues.
  • A comprehensive understanding of organisational strategies, policies and procedures 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
  • Identify and solve problems in respect of legal aspects in a property business. 

  • UNIT STANDARD CCFO WORKING 
  • Work effectively with others when engaging in mediation and arbitration processes and procedures. 

  • UNIT STANDARD CCFO COLLECTING 
  • Collect, evaluate, organise and critically evaluate information, to ensure legal compliance. 

  • UNIT STANDARD CCFO COMMUNICATING 
  • Communicate effectively when informing others of legislative issues pertaining to policies and procedures. 

  • UNIT STANDARD CCFO DEMONSTRATING 
  • Understand the world as a set of related systems where the law governs the state of society. 

  • UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  24453   National Certificate: Real Estate  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  SERVICES 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.