TSRERA | Application, Grant , Renewal and Revocation of Registration of Real Estate Agent
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TSRERA | Application, Grant ,
TSRERA | Application, Grant , Renewal and Revocation of Registration of Real Estate Agent
Application for registration by the real estate agent.—
(1) Every real estate agent required to be registered as per sub-section (2) of
section 9 of the Act by making application in writing to the Authority in
Form ‘G’ annexed to this order, in triplicate, until the application
procedure is made web based, along with the following documents,
namely:-
(a) the brief details of his enterprise including its name, registered address,
type of enterprise (proprietorship, societies, partnership, company etc.);
(b) the particulars of registration (whether as a proprietorship, partnership,
company, society etc.) including the bye-laws, memorandum of
association, articles of association etc. as the case may be;
(c) name, address, contact details and photograph of the real estate agent,
if it is an individual and the name, address, contact details and
photograph of the partners, directors etc. in case of other entities;
(d) the authenticated copy of the PAN card of the real estate agent;
(e) the authenticated copy of the address proof of the place of business.
(2) The real estate agent shall pay a registration fee at the time of application
for registration either by way of a demand draft or a bankers cheque drawn
on any scheduled bank or through online payment, as the case may be, for a
sum of ten thousand rupees in case of the applicant being an individual or
fifty thousand rupees in case of the applicant other than an individual.
9. Grant of registration to the real estate agent.—
(1) On receipt of the application under rule 8, the Authority shall within a
period of thirty days either grant registration to the real estate agent or
reject the application, as the case may be:
Provided that the Authority may grant an opportunity to the real estate
agent to rectify the defects in the application within such time period as
may be specified by it before rejecting the application.
(2) Upon the registration of a real estate agent, the Authority shall issue a
registration certificate with a registration number in Form ‘H’ annexed to
this order to the real estate agent.
(3) In case of rejection of the application, the Authority shall intimate the
applicant in Form ‘I’.
(4) The registration granted under this rule shall be valid for a period of five
years.
10. Renewal of registration of real estate agent.—
(1) The registration granted to a real estate agent under the Act, may be
renewed, on an application made by the real estate agent in Form ‘J’
annexed to this order, in triplicate, until the application procedure is made
web based, which shall not be less than three months prior to the expiry of
the registration granted.
(2) The application for renewal of registration shall be accompanied with a
demand draft or a bankers cheque drawn on any scheduled bank or through
online payment, as the case may be, for a sum of five thousand rupees in
case of the real estate agent being an individual or twenty five thousand
rupees in case of the real estate agent other than an individual.
(3) The real estate agent shall also submit all the updated documents set out in
clauses (a) to (e) of sub-rule (1) of rule 8 at the time of application for
renewal.
(4) In case of renewal of registration, the Authority shall issue renewal
certificate of registration in Form ‘K’ and in case of rejection of the
application for renewal of registration, the Authority shall issue rejection of
application in Form ‘I’:
Provided that no application for renewal of registration shall be rejected,
unless the applicant has been given an opportunity of being heard in the
matter:
Provided further that the Authority may grant an opportunity to the real
estate agent to rectify the defects in the application within such time
period as may be specified by it.
(5) The renewal granted under this rule shall be valid for a period of five years.
11. Revocation of registration of real estate agent.—
The Authority may, for the reasons specified under sub-section (7) of
section 9 of the Act, revoke the registration granted to the real estate agent
or renewal thereof, as the case may be, and intimate the real estate agent
of such revocation in Form ‘I’.
12. Books of accounts, records and documents.—
The real estate agent shall maintain and preserve its books of account,
records and documents in accordance with the provisions of the Income Tax
Act, 1961 (43 of 1961), as amended from time to time, and the rules made
thereunder.
13. Functions of a real estate agent.-
The real estate agent shall provide assistance to enable the allottee and
promoter to exercise their respective rights and fulfil their respective
obligations at the time of booking and sale of any plot, apartment or
building, as the case may be and other functions mentioned in Section 10 of the Act.
TSRERA #Regrob #Telangana #Rera
documents required for rera registration, documents required for rera registration for agents
Application for registration by the real estate agent.—
(1) Every real estate agent required to be registered as per sub-section (2) of
section 9 of the Act by making application in writing to the Authority in
Form ‘G’ annexed to this order, in triplicate, until the application
procedure is made web based, along with the following documents,
namely:-
(a) the brief details of his enterprise including its name, registered address,
type of enterprise (proprietorship, societies, partnership, company etc.);
(b) the particulars of registration (whether as a proprietorship, partnership,
company, society etc.) including the bye-laws, memorandum of
association, articles of association etc. as the case may be;
(c) name, address, contact details and photograph of the real estate agent,
if it is an individual and the name, address, contact details and
photograph of the partners, directors etc. in case of other entities;
(d) the authenticated copy of the PAN card of the real estate agent;
(e) the authenticated copy of the address proof of the place of business.
(2) The real estate agent shall pay a registration fee at the time of application
for registration either by way of a demand draft or a bankers cheque drawn
on any scheduled bank or through online payment, as the case may be, for a
sum of ten thousand rupees in case of the applicant being an individual or
fifty thousand rupees in case of the applicant other than an individual.
9. Grant of registration to the real estate agent.—
(1) On receipt of the application under rule 8, the Authority shall within a
period of thirty days either grant registration to the real estate agent or
reject the application, as the case may be:
Provided that the Authority may grant an opportunity to the real estate
agent to rectify the defects in the application within such time period as
may be specified by it before rejecting the application.
(2) Upon the registration of a real estate agent, the Authority shall issue a
registration certificate with a registration number in Form ‘H’ annexed to
this order to the real estate agent.
(3) In case of rejection of the application, the Authority shall intimate the
applicant in Form ‘I’.
(4) The registration granted under this rule shall be valid for a period of five
years.
10. Renewal of registration of real estate agent.—
(1) The registration granted to a real estate agent under the Act, may be
renewed, on an application made by the real estate agent in Form ‘J’
annexed to this order, in triplicate, until the application procedure is made
web based, which shall not be less than three months prior to the expiry of
the registration granted.
(2) The application for renewal of registration shall be accompanied with a
demand draft or a bankers cheque drawn on any scheduled bank or through
online payment, as the case may be, for a sum of five thousand rupees in
case of the real estate agent being an individual or twenty five thousand
rupees in case of the real estate agent other than an individual.
(3) The real estate agent shall also submit all the updated documents set out in
clauses (a) to (e) of sub-rule (1) of rule 8 at the time of application for
renewal.
(4) In case of renewal of registration, the Authority shall issue renewal
certificate of registration in Form ‘K’ and in case of rejection of the
application for renewal of registration, the Authority shall issue rejection of
application in Form ‘I’:
Provided that no application for renewal of registration shall be rejected,
unless the applicant has been given an opportunity of being heard in the
matter:
Provided further that the Authority may grant an opportunity to the real
estate agent to rectify the defects in the application within such time
period as may be specified by it.
(5) The renewal granted under this rule shall be valid for a period of five years.
11. Revocation of registration of real estate agent.—
The Authority may, for the reasons specified under sub-section (7) of
section 9 of the Act, revoke the registration granted to the real estate agent
or renewal thereof, as the case may be, and intimate the real estate agent
of such revocation in Form ‘I’.
12. Books of accounts, records and documents.—
The real estate agent shall maintain and preserve its books of account,
records and documents in accordance with the provisions of the Income Tax
Act, 1961 (43 of 1961), as amended from time to time, and the rules made
thereunder.
13. Functions of a real estate agent.-
The real estate agent shall provide assistance to enable the allottee and
promoter to exercise their respective rights and fulfil their respective
obligations at the time of booking and sale of any plot, apartment or
building, as the case may be and other functions mentioned in Section 10 of the Act.
TSRERA #Regrob #Telangana #Rera
documents required for rera registration, documents required for rera registration for agents
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