Documents Required for RERA Agent Registration
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KYC of Director/Partner/Proprietor with photograph
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Registered address proof
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Copies of ITRs of last 3 years
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Copy of Letterhead & Invoice
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Contact Details
Points to be noted for RERA Agent Registration
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Registration for real estate Agent shall be valid for 5 years until it is revoked.
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If agent fails to register and contravenes the provisions of the Act then penalty of ten thousand rupees for every day during which such default continues, which may cumulatively extend up to five per cent of the cost of plot, apartment or buildings as the case may be.
FAQ for RERA Agent Registration
Q. Is this registration transferable to another agent or to other state where agents intend to shift his office ?
No such provision is available for transfer of registration
Q. Can the agent still be responsible and liable for builder’s default ?
The agent’s liability is in accordance with Section 10 of the Act. He is not held liable for the promoter’s default.
Q. Will RERA protect Agents for their commissions not paid by builder or by other parties ?
No, these will be guided by the agreements that real estate agents have with the concerned promoters or allottees.
Q. Is Agent authorized to sign on behalf of his promoter / builder?
No, Agent is not empowered with such rights
