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Section 66 - Real Estate (Regulation and Development) Act, 2016
66. Penalty for failure to comply with orders of Appellate Tribunal by real estate agent.-
If any real estate agent, who fails to comply with, or contravenes any of the orders, decisions or directions of the Appellate Tribunal, he shall be punishable with imprisonment for a term which may extend up to one year or with fine for every day during which such default continues, which may cumulatively extend up to ten 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, or with both.
Related Sections
- Section 60: Penalty for Contravention of Section 4
- Section 26: Removal of Chairperson And Members from Office in Certain Circumstances
- Section 11: Functions and Duties of Promoter
- Section 64: Penalty for Failure to Comply with Orders of Appellate Tribunal by Promoter
- Section 83: Powers of Appropriate Government to Issue Directions to Authority and Obtain Reports and Returns
Related Acts
* Only for reference.