The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, was introduced to bring transparency, accountability, and order to the real estate sector.
ReraReal EstateRealtorsHomebuyersSellersReal Estate MaharashtraSep 15, 2024
RERA, or the Real Estate (Regulation and Development) Act, 2016, was introduced to bring transparency, accountability, and order to the real estate sector in India.
Real estate agents, brokers, and consultants need to register with their State’s RERA authority to operate legally.
Agents need to keep detailed records of every transaction they’re involved in, including properties dealt with, parties involved, and financial details.
No, agents are not allowed to facilitate deals for projects that aren’t registered under RERA.
The Code of Ethics ensures that agents act with integrity and professionalism, building trust with clients and keeping the real estate market healthy.
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