Maharera Agent Exam Questions 50 MCQs
Welcome to this set of 50 Multiple Choice Questions (MCQs) on MahaRERA (Maharashtra Real Estate Regulatory Authority). This compilation is designed to help individuals, professionals and students better understand the key concepts, provisions and regulations mentioned under the Real Estate (Regulation and Development) Act, 2016 (RERA) as applicable in Maharashtra. And is here for educational purposes only.
MahaRERA plays a vital role in promoting transparency, accountability and efficiency in the real estate sector. It helps ensure the protection of home buyers while promoting the growth of real estate developers and agents through compliance with legal standards.
These questions are designed to cover a wide range of topics, including:
- Objectives and significance of MahaRERA.
- Registration process for real estate projects and agents.
- Rights and obligations of home buyers, promoters and real estate agents.
- Mechanism for dispute resolution under MahaRERA.
- Important sections and penalties under the Act.
Whether you are preparing for exams, want to obtain professional certifications or simply want to enhance your knowledge, these MCQs are going to serve as a valuable resource to understand the key aspects of MahaRERA.
Let’s take a deeper look at these questions and deepen our understanding of this important law. Good luck!
#1. What percentage of the total project cost can a builder collect as an advance payment before signing a sale agreement under MahaRERA?
#2. Can MahaRERA revoke a project’s registration?
#3. Can MahaRERA disputes be resolved through alternative dispute resolution (ADR)?
#4. What is the timeframe for dispute resolution by MahaRERA?
#5. Are housing societies required to register under MahaRERA for self-development projects?
#6. Can MahaRERA penalize buyers for false complaints?
#7. Can legal heirs of a deceased buyer file a complaint with MahaRERA?
#8. What is the minimum land area for a project to register under MahaRERA?
#9. What information about agents must be disclosed during their MahaRERA registration?
#10. Are MahaRERA penalties tax-deductible?
#11. Which of the following is covered under MahaRERA?
#12. What happens if a project is found to be violating MahaRERA rules?
#13. MahaRERA operates under which act?
#14. What is the tenure of MahaRERA authorities?
#15. What is the official website of MahaRERA?
#16. Can ongoing projects be registered with MahaRERA?
#17. When was MahaRERA established?
#18. What is the role of a grievance redressal officer in MahaRERA?
#19. Who is required to register under MahaRERA?
#20. What is MahaRERA?
#21. Is the registration number issued by MahaRERA unique for every project?
#22. What is the validity of MahaRERA registration?
#23. What is the penalty for non-compliance with orders issued by MahaRERA?
#24. What does MahaRERA ensure for buyers?
#25. What is the penalty for non-registration under MahaRERA?
#26. What document must be submitted by the promoter at the time of MahaRERA registration?
#27. What is the role of the conciliation forum under MahaRERA?
#28. Can MahaRERA complaints be filed anonymously?
#29. What is the retention period for project documents under MahaRERA?
#30. What is the primary aim of MahaRERA?
#31. What is the penalty for providing false information in MahaRERA?
#32. Can consumers seek compensation for quality issues in MahaRERA-registered projects?
#33. What does MahaRERA mandate for advertisements?
#34. Can a buyer withdraw from a project if the developer delays possession?
#35. What type of information must be displayed on the MahaRERA website?
#36. What are the consequences if a builder fails to deliver possession within the promised timeline?
#37. Can a builder market a project without MahaRERA registration?
#38. Is MahaRERA applicable to private redevelopment projects?
#39. What happens if a builder fails to register a project under MahaRERA?
#40. Which projects are exempt from MahaRERA registration?
#41. Under MahaRERA, can a project be sold without Occupancy Certificate (OC)?
#42. What does the escrow account in MahaRERA refer to?
#43. What does the term “carpet area” mean under MahaRERA?
#44. What is the MahaRERA Appellate Tribunal?
#45. What is the purpose of the project declaration form in MahaRERA?
#46. How can a consumer file a complaint with MahaRERA?
#47. What percentage of funds must be deposited into the escrow account?
#48. Which financial institution monitors the escrow accounts of MahaRERA-registered projects?
#49. Can a builder appeal MahaRERA’s decision in court?
#50. Who appoints the members of MahaRERA?
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Maharera Agent Exam Questions (MCQs)
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