The government has launched a campaign to crack down on unlicensed property agents in the real estate sector. The Estate Agents Registration Board (EARB) has issued a warning to landlords against using unregistered agents, as it could disrupt services at their properties.
The EARB emphasizes the importance of dealing only with registered estate agents to protect the public's interests and enhance professionalism in the industry. The board's registrar, Hellen Abuya, has advised consumers to verify the registration status of agents before engaging their services.
The government's move comes amidst concerns over low compliance levels among landlords in filing and remitting taxes to the Kenya Revenue Authority (KRA). The Treasury has pledged additional funds to facilitate the registration of more agents, who will assist in identifying landlords who are not fulfilling their tax obligations.
The Estate Agents Act requires practitioners to register with the EARB and obtain an annual practicing certificate. Registration is open to members of the Institution of Surveyors of Kenya, holders of relevant degrees or diplomas, and individuals with good character and no history of fraud or dishonesty.
Failure to comply with registration requirements can result in fines of up to Sh20,000, imprisonment for up to two years, or both. The government has also implemented a block management strategy and leveraged technology to enhance tax compliance in the rental income sector.