The agent faces RDP house fraud charges worth R100 000 😲
“She sold the property to the complainant for R100 000 and further requested the buyer to transfer the money into the business account of Foto Security Services,” Sekgotodi explained.She said Kruger should have known as “estate agent” that the property can only be transferred and registered in the name of the buyer once the conveyor attorney had received the money into his trust account.
Sekgotodi said the rightful owner of the property did not give anyone permission or mandate to sell the property.According to legal insurance firm Lipco’s, the law prohibits the sale of an RDP before the lapse of an eight-year occupancy without the permission of the Department of Housing. Should you want to ‘sell’ your house during this initial period, it must first be offered back to the State.
The firm emphasised that the owner would not paid for their house, because low-cost housing was not meant to be a profitable venture.
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