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67 Indian Real Estate Laws

income tax returns filed under the provisions

of the Income Tax Act, 1961 for three financial

years preceeding the application or in case

the applicant was exempted from filing returns

under the provisions of the Income Tax Act,

1961 for any of the three year preceeding the

application, a declaration to such effect;

(vi)

(vii

28

particulars of registration including the

bye-laws, memorandum of association, articles

of association etc. as the case may be; ) authenticated

copy of the address proof of the

place of business; and

(viii) Details of registration in any other

State or Union territory;

(x)

Da

Any other information as specified by regulations.

ted:

Place:

Yours faithfully, Signature and seal of the

applicant(s)

FORM-K [See sub-rule(4) of rule 11]

RENEWAL OF REGISTRATION OF

REAL ESTATE AGENT

1. This renewal of registration is granted

under section 9 of the Act to -

(in the case of an individual) Mr./Ms. son

of Mr. /Ms. Taluk. District, State F OR (in

the case of a firm / society / company) firm /

society / company having its registered office

/ principal place of business at in continuation

to registration certificate bearing No. ; of

2. This renewal of registration is granted

subject to the following conditions, namely:-

(i) The real estate agent shall not facilitate

the sale or purchase of any plot, apartment

or building, as the case may be, in a real

estate project or part of it, being sold by the

promoter which is required but not registered

with the regulatory authority;

(ii) The real estate agent shall maintain

and preserve such books of account, records

and documents as provided under rule 14 of

these rules;

(iii) The real estate agent shall not involve

himself in any unfair trade practices as specified

under clause (c) of section 10 of the Act;

(iv) The real estate agent shall facilitate

the possession of all documents, as the allottee

is entitled to, at the time of booking of any

plot, apartment or building, as the case may

be;

(v) The real estate agent shall provide assistance

to enable the allottee and promoter to

exercise their respective rights and fulfil their

respective obligations at the time of booking

and sale of any plot, apartment or building, as

the case may be.

(vi) The real estate agent shall comply

with the provisions of the Act and the rules

and regulations made thereunder,

(vii) The real estate agent shall not contravene

the provisions of any other law for

the time being in force in the area where the

project is being developed; and

(viii) The real estate agent shall discharge

such other functions as may be specified by

the regulatory authority by regulations.

3. The registration is valid for a period of

five years commencing from and ending with

unless renewed by the regulatory authority in

accordance with the provisions of the Act or

the rules and regulations made thereunder.

4. If the above mentioned conditions are

not fulfilled by the real estate agent, the regulatory

authority may take necessary action

against the real estate agent including revoking

the registration granted herein, as per the

Act and the rules and regulations made thereunder.

Dated:

Place:

Signature and seal of the Authorized Officer

Real Estate Regulatory Authority

29

FORM-L [See sub rule (1) of rule 21] Form

of Oath of Office for the Chairperson or Members

of the Real Estate Regulatory Authority

I, , having been appointed as the Chairperson

or Member (cross the portion not applicable)

solemnly affirm and (or) do swear in

the name of God I will faithfully and conscientiously

discharge my duties as the Chairperson

or Member (cross the portion not applicable),

of the Real Estate Regulatory Authority, to

the best of my ability, knowledge and judge-

2. RERA KARNATAKA RULES 2017 2.14

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