LawgistThe Real Estate (Regulation and Development) Act
65Penalty for failure to comply with orders of Authority by real estate agent
If any real estate agent, who fails to comply with, or contravenes any of the orders or directions of the Authority, he shall be liable to a penalty for every day during which such default continues, which may cumulatively extend up to five per cent., of the estimated cost of plot, apartment or building, as the case may be, of the real estate project, for which the sale or purchase has been facilitated and as determined by the Authority.
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OFFENCES, PENALTIES AND ADJUDICATION
- 59 Punishment for nonregistration under section 3
- 60 Penalty for contravention of section 4
- 61 Penalty for contravention of other provisions of this Act
- 62 Penalty for nonregistration and contravention under sections 9 and 10
- 63 Penalty for failure to comply with orders of Authority by promoter
- 64 Penalty for failure to comply with orders of Appellate Tribunal by promoter
- 65 Penalty for failure to comply with orders of Authority by real estate agent
- 66 Penalty for failure to comply with orders of Appellate Tribunal by real estate agent
- 67 Penalty for failure to comply with orders of Authority by allottee
- 68 Penalty for failure to comply with orders of Appellate Tribunal by allottee
- 69 Offences by companies
- 70 Compounding of offences
- 71 Power to adjudicate
- 72 Factors to be taken into account by the adjudicating officer
