The Maharashtra Real Estate Regulatory Authority (MahaRERA) on December 13, 2023, issued a notification regarding the final extension of timelines for obtaining MahaRERA Real Estate Agent Certificate of Competency.
The following has been stated: -
•With effect from January 01, 2024, only those real estate agents who have a valid MahaRERA Real Estate Agent Certificate of Competency can apply for MahaRERA real estate agent registration/renewal of registration.
•Existing registered real estate agents shall obtain MahaRERA Real Estate Agent Certificate of Competency before 01.01.2024 and upload the same at their respective web page failing which action as deemed fit shall be initiated by the Authority.
•The mandate mentioned in Clause (a) and (b) above shall apply to the following persons:
All individual real estate agents in case of individuals and authorized signatory (authorized for making application for MahaRERA real estate agent registration) in case of firms / LLP/ companies/organizations (Other than Individuals).
All employees/staff/officers by whatever designation are called working in firms / LLP/companies/organizations of real estate agents, who interact with homebuyers/allottees for effecting transactions in real estate projects.
•With effect from January 01, 2024, promoters of real estate projects shall ensure that the names and addresses of the real estate agents if any to be given in compliance with Section 4 (2) (j) of the Act shall be of only such real estate agents who have MahaRERA Real Estate Agent Certificate of Competency.
The detailed notification is given in the document attached below.
[Notification No. MahaRERA/Secy/File No. 27/1594/2023]
