Real Estate Bill and impact both Bank Project Financing

Real Estate Bill and impact both Ba nk Project Financing Legal Impact Real Estate Agents Registration of Real Estate Agents 25. A person who wishes to be registered as a real estate practitioner must apply as a estate agent once the Act comes into play and they shall apply to the Board in the prescribed form and upon payment of the prescribed fee. Practicing Certificate Requirement 28. (1) A person shall not practice as a real estate Practicing license agent unless that person has been issued a practicing license by the Board of Directors and has complied with the requirements of this Act. Penalty-5M/ 2 years Developers (HFDI) Registration of Developers 32. (1) No developer shall advertise, market, book, sell, offer for sale or invite persons to purchase any plot, apartment or building in any real estate project that is not registered in accordance with this Act. Compliance measures A developer proposed pr...