Section 10 of RERA : Section 10: Functions Of Real Estate Agents
RERA
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Explanation using Example
Example Application:
Imagine that Mr. Sharma is a real estate agent registered under the Real Estate (Regulation and Development) Act, 2016. He is approached by Mr. and Mrs. Gupta, who are looking to purchase a new apartment in a developing area of the city.
As per Section 10 of the Act:
- Mr. Sharma ensures that the housing project where the apartment is located is registered with the Real Estate Regulatory Authority before he facilitates the sale. He verifies the registration details on the Authority's website and provides this information to the Guptas.
- He keeps a record of all his transactions, including t...
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