30
Jun
Erasmus Shalihaxwe Popular Democratic Movement Member of Parliament Elma Dienda has raised various concerns in the recently introduced Property Practitioner's Bill. The Minister of Industrialisation and Trade, Lucia Iipumbu proposed the bill to the National Assembly for further debate two weeks ago. The Bill Contains the Fidelity Fund Certificate, which aims to protect consumers against the theft of money entrusted to a property practitioner, among other proposed changes in the real estate industry. “This part of the bill also deals with the consequences of a property practitioner not having a Fidelity Fund Certificate. The bill also places an obligation on…
