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Questions and Answers
What is the purpose of the MahaRERA Real Estate Agent Handbook 2022?
What is the purpose of the MahaRERA Real Estate Agent Handbook 2022?
- To promote the development of the real estate sector in India
- To provide investment advice for real estate agents
- To provide a thorough understanding of the Real Estate (Regulation and Development) Act 2016 for real estate agents (correct)
- To outline the history of real estate in Maharashtra
Where is the Maharashtra Real Estate Regulatory Authority (MahaRERA) located?
Where is the Maharashtra Real Estate Regulatory Authority (MahaRERA) located?
- 6th & 7th Floor, Housefin Bhavan, Plot No. C - 21, E - Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 (correct)
- Nariman Point, Mumbai
- MG Road, Bengaluru
- Connaught Place, New Delhi
What does the Real Estate (Regulation and Development) Act 2016 regulate?
What does the Real Estate (Regulation and Development) Act 2016 regulate?
- The insurance industry
- The stock market
- The technology sector
- The real estate sector (correct)
Why is it important for real estate agents to be familiar with the provisions of the Real Estate (Regulation and Development) Act 2016?
Why is it important for real estate agents to be familiar with the provisions of the Real Estate (Regulation and Development) Act 2016?
What role do real estate agents play in the real estate industry?
What role do real estate agents play in the real estate industry?
Flashcards
What is RERA?
What is RERA?
The Real Estate (Regulation and Development) Act 2016 (RERA) regulates the real estate industry in India. It sets guidelines for projects, developers, and buyers.
What is MahaRERA?
What is MahaRERA?
It's a government body that ensures compliance with RERA in the state of Maharashtra.
What is the purpose of the MahaRERA Real Estate Agent Handbook?
What is the purpose of the MahaRERA Real Estate Agent Handbook?
The MahaRERA Real Estate Agent Handbook 2022 is a guide that helps real estate agents understand their responsibilities and rights under RERA.
Why is RERA important for real estate agents?
Why is RERA important for real estate agents?
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Where is MahaRERA located?
Where is MahaRERA located?
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Study Notes
MahaRERA Real Estate Agent Handbook 2022
- The purpose of the MahaRERA Real Estate Agent Handbook 2022 is to guide real estate agents in Maharashtra to comply with the provisions of the Real Estate (Regulation and Development) Act 2016.
Maharashtra Real Estate Regulatory Authority (MahaRERA)
- MahaRERA is located in Maharashtra, India.
Real Estate (Regulation and Development) Act 2016
- The Real Estate (Regulation and Development) Act 2016 regulates the real estate sector, including the sale of plots, apartments, and buildings.
- The Act aims to promote transparency, accountability, and efficiency in the real estate sector.
Importance of Familiarity with RERA Act 2016
- It is important for real estate agents to be familiar with the provisions of the Real Estate (Regulation and Development) Act 2016 to ensure compliance with the law and to avoid penalties.
- Familiarity with the Act enables real estate agents to provide better services to their clients and to build trust in the industry.
Role of Real Estate Agents
- Real estate agents play a crucial role in the real estate industry, acting as intermediaries between buyers and sellers.
- They facilitate the sale and purchase of properties, providing valuable services such as market knowledge, negotiation, and documentation.
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Description
Test your knowledge of the Maharashtra Real Estate Regulatory Authority (MahaRERA) regulations and guidelines with this quiz. Covering important information for real estate agents, this quiz will help you stay up-to-date with the latest MahaRERA Real Estate Agent Handbook for 202
