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Section 65 - Real Estate (Regulation and Development) Act, 2016
65. Penalty 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.
Related Sections
- Section 50: Restrictions on Chairperson or Judicial Member or Technical or Administrative Member on Employment After Cessation of Office
- Section 85: Power to Make Regulations
- Section 56: Right to Legal Representation
- Section 59: Punishment for Nonregistration Under Section 3
- Section 27: Restrictions on Chairperson or Members on Employment After Cessation of Office
Related Acts
- Major Port Authorities Act, 2021
- National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019
- Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016
- Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Act, 2019
- Repealing and Amending Act, 2019
* Only for reference.