Attorneys and property regulators plan to crack down on deals in which conveyancers "buy" lucrative conveyancing work from estate agents, a practice which, critics charge, robs the consumer.
The moves by the various law societies and the Estate Agents Affairs Board include:
- Obliging attorneys to sign affidavits stating they do not buy conveyancing work when they apply for their annual Fidelity Fund certificates;
- Reporting crimes of corruption to police under the Anti-Corruption Act;
- Changing law society rules to allow the investigation of anonymous complaints;
- Proposed changes to the Estate Agency Affairs Act and the code of conduct for estate agents related to conveyancing;
- A review of the code of conduct for conveyancers, over and above general law society rules;
- Asking banks to report cases of attorney interference related to home bonds; and
- Awareness campaigns to alert consumers to abuses.