Understanding FICA and Legal Entities in Real Estate
This course provides a comprehensive understanding of the Financial Intelligence Centre Act (FICA) and its critical role in South African real estate. Learners will explore compliance requirements, the significance of client identification and verification (KYC), and how different legal entities—such as individuals, companies, trusts, and partnerships—are treated under FICA regulations. With practical insights tailored for real estate professionals, this course equips students with the knowledge and tools to confidently meet their legal obligations and prevent financial crimes such as money laundering and fraud.
What Learners Will Gain:
A solid understanding of FICA’s objectives and legal requirements in real estate.
The ability to identify different types of entities and know what documentation is needed for each.
Knowledge of how to implement KYC (Know Your Customer) procedures correctly.
Tools and checklists to streamline compliance and avoid common errors.
Confidence in meeting regulatory obligations and protecting your business from legal risk.
Head of Systems & Tech
Being a real estate agent in South Africa means helping people find homes, make investments, and achieve their property goals. It’s a career that demands dedication, resilience, and a passion for serving clients.
As part of our commitment to preparing future professionals for success in the real estate industry, the Launch Program includes a range of resources and experiences tailored for interns. Below are answers to common questions to help you understand what to expect as you begin your journey with us.
Yes. Even if support staff help with FICA, you are still personally accountable as the real estate professional. This course ensures you understand your obligations and can supervise the process with full awareness.
The course covers natural persons (individuals), companies (including Pty Ltd), trusts, and partnerships—with guidance on the specific documentation and verification steps required for each under FICA.
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Lee Esterhuizen
1 Day
2
50
English
Digital, Physical
WE R ACADEMY is South Africa’s premier online training platform designed to equip aspiring and intern real estate agents with the knowledge, tools, and confidence to succeed in a competitive property market. From foundational learning to industry-ready skills, our self-paced courses are aligned with PPRA standards and guided by real-world insights. Whether you’re just starting out or ready to take your career to the next level
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