RAE-III

Q: What is Form ‘REA-III’?


A: Form ‘REA-III’ is a formal notice issued by the Real Estate Authority to inform an individual or entity about the rejection of their application for registration or renewal as a real estate agent, or the revocation of their existing registration.


Q: What scenarios does Form ‘REA-III’ cover?


A: Form ‘REA-III’ covers:

  • 1. Rejection of Application for Registration: If an application for initial registration as a real estate agent is not accepted.
  • 2. Rejection of Application for Renewal: If an application to renew an existing registration is not approved.
  • 3. Revocation of Registration: If the registration of an existing real estate agent is canceled by the Authority.

Q: What details are included in Form ‘REA-III’?


A: The form includes:

  • 1. Sender’s Information: Contact details of the Real Estate Authority.
  • 2. Recipient’s Information: Details of the real estate agent whose application or registration is affected.
  • 3. Application/Registration Number: The specific number associated with the application or registration.
  • 4. Date of Notice: The date on which the notice is issued.
  • 5. Reasons for Action: Specific reasons for the rejection or revocation of registration.
  • 6. Signature and Seal: Signature and seal of the Authorized Officer from the Real Estate Authority.

Q: What should an applicant or registered agent do upon receiving Form ‘REA-III’?


A: Upon receiving Form ‘REA-III’, the recipient should:

  • 1. Review the Reasons: Carefully read the reasons provided for rejection or revocation.
  • 2. Rectify Issues (if applicable): If the action is due to issues that can be addressed, take corrective measures to rectify them.
  • 3. Appeal or Reapply: If eligible, consider appealing the decision or reapplying for registration or renewal, following any guidance provided by the Authority.
  • 4. Consult Legal or Professional Help: Seek advice from legal or professional experts if needed to understand the implications and next steps.

Q: How is Form ‘REA-III’ delivered?


A: Form ‘REA-III’ is typically delivered through formal means such as postal service, email, or hand delivery, depending on the procedures of the Real Estate Authority.


Q: What are common reasons for rejection or revocation mentioned in Form ‘REA-III’?


A: Common reasons include:

  • 1. Non-Compliance with Regulations: Failure to meet the legal or regulatory requirements.
  • 2. Incomplete or Incorrect Application: Submission of incomplete or incorrect information in the application.
  • 3. Unethical Practices: Engagement in unethical practices or violations of fair trade practices.
  • 4. Failure to Maintain Required Records: Not maintaining or preserving necessary records and documents.
  • 5. Non-Payment of Fees: Failure to pay applicable fees or charges.

Q: What steps can be taken if Form ‘REA-III’ is issued for a renewal rejection?


A: If the renewal application is rejected:

  • 1. Understand the Specific Reason: Identify why the renewal was not granted.
  • 2. Address Any Issues: Correct any issues mentioned in the notice.
  • 3. Submit a New Application: Reapply for registration or renewal if possible, ensuring compliance with all requirements.
  • 4. Consult the Authority: Contact the Real Estate Authority for guidance on addressing the rejection.

You can also learn about :
Haryana RERA Form


You can also learn about :
RAE-IV