Understanding where your business fits within the property sector is essential to staying compliant with the Property Practitioners Regulatory Authority.
Each specialised category requires the correct Fidelity Fund Certificate, and in many cases, firms operate across more than one category, making it even more important to get it right from the start.
For a deeper understanding, we recommend reading our Which FFC Do I Fall Under? blog in our Industry News section.
A common question is whether there are any exemptions. Simply, an exemption from registering with the PPRA and holding an FFC applies only where an individual is acting in their personal capacity, selling or leasing a property that is registered in their own name. Outside of this narrow scenario, compliance is required.
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