Circular No. TNRERA/A3/11443/2022, Renewal of Real Estate Agent
The Tamil Nadu Real Estate Regulatory Authority issued Circular No. TNRERA/A3/11443/2022, dated 29 July 2022, prescribing offline applications and fees for renewal of real estate agent registrations. It sets renewal fees for individuals and other applicants, with additional late fees when an application is not filed one month before registration expires, and took immediate effect.
What the circular governs
Tamil Nadu Real Estate Regulatory Authority Circular No. TNRERA/A3/11443/2022, dated 29 July 2022, governs the renewal of real estate agent registrations. It states that a registration granted under Section 9 may be renewed under Rule 13(1) of the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017.
The renewal application must be made by the real estate agent in Form J. The circular requires the renewal process to be completed offline.
Who is affected
Tamil Nadu Real Estate Regulatory Authority Circular No. TNRERA/A3/11443/2022 applies to registered real estate agents seeking renewal. It distinguishes between:
- An individual real estate agent.
- A real estate agent that is not an individual.
The applicant's category determines both the renewal fee and any late fee.
Renewal fees
The fees prescribed by the Tamil Nadu Real Estate Regulatory Authority are:
- Individual real estate agent: Rs.5,000.
- Applicant other than an individual: Rs.50,000.
These fees accompany the offline renewal application in Form J.
Timing and late fees
Tamil Nadu Real Estate Regulatory Authority Circular No. TNRERA/A3/11443/2022 links the late fee to when the renewal application is filed relative to the expiry of the existing registration.
- If renewal is applied for one month before the registration expires, no late fee applies.
- If the renewal application is not filed one month before expiry, an individual must pay a late fee of Rs.500.
- If the renewal application is not filed one month before expiry, an applicant other than an individual must pay a late fee of Rs.5,000.
The late fee is additional to the applicable renewal fee.
When it took effect
Tamil Nadu Real Estate Regulatory Authority Circular No. TNRERA/A3/11443/2022 states that the requirements took immediate effect. The circular is dated 29 July 2022.
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Common questions
Can a real estate agent renew registration online under this circular?
No. The Tamil Nadu Real Estate Regulatory Authority requires the renewal application to be made offline in Form J.
What is the renewal fee for an individual real estate agent?
The renewal fee for an individual real estate agent is Rs.5,000.
What does a company or other non-individual applicant pay for renewal?
An applicant other than an individual must pay a renewal fee of Rs.50,000.
Is there a late fee if I do not apply one month before registration expires?
Yes. The late fee is Rs.500 for an individual and Rs.5,000 for an applicant other than an individual.