Free MahaRERA Agent CoC Exam Flashcards

At least 20 hours with an empaneled training provider. Successful course completion is required before taking the exam.

At least 60% attendance, which is also required for exam registration.

Undertake the training course afresh before further attempts. The guidelines do not specify a fixed waiting period.

Yes. It includes internal partition walls, but excludes external walls, service shafts, exclusive balconies or verandahs, and exclusive open terraces.

No. The allottee definition includes later purchasers through transfer or sale, but excludes someone receiving the property on rent.

Land area not exceeding 500 square metres OR no more than 8 apartments, inclusive of all phases. The Act permits the appropriate government to reduce these thresholds.

Before advertising, marketing, booking, selling, offering for sale, or inviting purchases. Registration is not something to complete after bookings begin.

Each phase is a stand-alone real estate project and must be registered separately when registration is required.

Occupation of the building, following the applicable local law, with provision for civic infrastructure such as water, sanitation and electricity.

Any aggrieved person, including an allottee association or registered voluntary consumer association, for an Act, rule or regulation violation by a promoter, allottee or agent.

60 days from receipt of the direction, decision or order. The Tribunal may admit a later appeal if sufficient cause explains the delay.

An amicable settlement between promoter and allottee. It assists agreement between the parties; it does not impose a settlement on an unwilling party.

Yes. Section 35 gives it powers to call for information and investigate, including discovery and production of books of account and other documents.

Match the official record to the actual project, promoter, location and phase being offered. A number belonging to a different project or phase is not sufficient.

The period the promoter declares for completing that project or phase in the registration application. It is not a universal five-year project registration period.

Quarterly, including booked apartment or plot inventory, booked garages, approvals obtained or pending, and project status.

An old registration certificate does not establish current status. These official lists identify later validity or compliance problems that require investigation.

The registration number of the project concerned, alongside the parties, facts, relief sought and supporting documents.

No. MahaRERA registration applies to Maharashtra; it does not replace registration required by another state’s authority.

Five years. This is the agent registration period; it does not establish the validity period of a Certificate of Competency.

₹10,000 for an individual, including a sole proprietorship; ₹1,00,000 for other entities. Order 44/2023 applies this classification to registration and renewal.

In every sale facilitated under the Act. The agent’s registration number is separate from the project registration number.

Yes. Introducing buyers and sellers through any medium for sale negotiations, in return for remuneration, is included regardless of the title used.

No. False claims of approval or affiliation are unfair trade practices prohibited by section 10(c).

₹10,000 for each day of continuing default, cumulatively up to 5% of the cost of the property whose transaction was facilitated, as determined by the Authority.

70%, in a separate account in a scheduled bank, to cover that project’s land and construction costs.

An engineer, an architect and a practising chartered accountant must certify that withdrawals are proportionate to the project’s percentage of completion.

Within six months after the end of each financial year, by a practising chartered accountant.

A written agreement for sale with the buyer, duly registered. Exactly 10% is not “more than 10%,” but a higher amount triggers section 13(1).

Prior written consent of at least two-thirds of the allottees, excluding the promoter. This differs from alterations affecting an individual allottee’s unit.

Prior written consent of at least two-thirds of the allottees, excluding the promoter, and prior written approval of the Authority.

Within 30 days, without further charge, when the defect is notified within five years of handing over possession. Coverage includes specified workmanship, quality and service defects, not only structural defects.

Sanctioned plans, layout plans and specifications approved by the competent authority, plus other information provided by the Act, rules, regulations or agreement for sale.

Interest for every month of delay until possession is handed over, at the prescribed rate.

Return of the amounts received for the property, with prescribed interest and compensation as provided by the Act.

Within two months of the occupancy certificate being issued for the apartment, plot or building, under section 19(10).

To pay interest at the prescribed rate for delay in paying amounts or charges due under section 19(6).

The legal-title document or authenticated ownership documents and the encumbrance declaration, including relevant rights, interests or claims. Review them; project registration alone is not a substitute for title due diligence.

The occupancy certificate from the competent authority for the relevant building or portion. A commencement certificate authorizes construction, not occupation.

Compare the promise with that phase’s sanctioned plans, specifications and disclosed completion schedule. Do not assume another phase’s registration covers the promised amenities.

No. Open parking is a common area. MahaRERA’s FAQ distinguishes it from a qualifying garage or covered parking.

The financial encumbrance declaration and the asset-based CERSAI report should match the project name, address and land details in the registration application.

The Authority’s website address and the project registration number. Additional MahaRERA advertising directions must also be followed.

Facilitate access to the information and documents the allottee is entitled to receive when booking the property.

Compensation for that loss. If the buyer withdraws from the proposed project, the promoter must return the investment with prescribed interest and compensation.

The date on which possession of the apartment, plot or building is to be handed over. A vague promise such as “soon” does not supply that date.

74 m²: 70 + 4. External walls, the exclusive balcony and service shafts are excluded. The stated usable-room area excludes the partition footprint.

₹56 lakh: ₹80 lakh × 0.70. The remaining 30% is ₹24 lakh.

12: two-thirds × 17 = 11⅓, so round up to the next whole allottee. Count eligible allottees under the section’s rules, not simply the number of units.

₹21,000. Rate = 8.5% + 2 percentage points = 10.5%; interest = ₹4,00,000 × 0.105 × 6/12. Simple interest and six months are assumptions of this example.