Rera karnataka brokers regulation act 2017

Shilpa Thambi (Querist) 10 June 2022 This query is : Resolved
Whether a land broker can block the registration of a land in Karnataka

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The Karnataka Land Brokers Regulation Act 2017 clarifies the role of land brokers in property transactions. Generally, a broker acts as an agent to facilitate the sale or purchase. Therefore, a broker typically does not have the authority to block the registration of a land transaction.

Dr J C Vashista (Expert) 11 June 2022
No.
The role of a broker is to facilitate sale / purchase transaction, as an agent of either or both of the parties, till its finalisation.

kavksatyanarayana (Expert) 11 June 2022
Yes. I agree with the learned expert advice.

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