Rera Registration for an Agent

A "Real estate agent" is an individual who acts on behalf of someone else in a real estate transaction, and is profited with fees for the service extended. Real estate agents incorporate the likes of property dealers, brokers, middlemen and so forth. Top services rendered by real estate agents incorporate the introducing as well as deal-making on leasing or sale of plot, land, building, and apartments. Under the RERA Act applicable in India, every real estate agent should obtain a RERA registration for Agent.

The RERA Act has furnished State Governments with the powers to issue rules as well as regulations relating to RERA registration for an agent. Any project where the area of development surpasses 500 square meters or if the number of apartments developed is more than eight, RERA registration shall be required for the project and the project could be sold only by an Agent having RERA registration. Subsequently, only an Agent having RERA Registration is qualified for managing in properties having RERA registration.