Bare ActsThe REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016

Section 2

Definitions

Amendment status not verified — confirm the current text below against the official source.

Definitions.—In this Act, unless the context otherwise requires,— (a) “adjudicating officer” means the adjudicating officer appointed under sub-section (1) of section 71; (b) “advertisement” means any document described or issued as advertisement through any medium and includes any notice, circular or other documents or publicity in any form, informing persons about a real estate project, or offering for sale of a plot, building or apartment or inviting persons to purchase in any manner such plot, building or apartment or to make advances or deposits for such purposes; (c) “agreement for sale” means an agreement entered into between the promoter and the allottee; (d) “allottee” in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter, and includes the person who subsequently acquires the said allotment through sale, transfer or otherwise but does not include a person to whom such plot, apartment or building, as the case may be, is given on rent; (e) “apartment” whether called block, chamber, dwelling unit, flat, office, showroom, shop, godown, premises, suit, tenement, unit or by any other name, means a separate and self-contained part of any immovable property, including one or more rooms or enclosed spaces, located on one or more floors or any part thereof, in a building or on a plot of land, used or intended to be used for any residential or commercial use such as residence, office, shop, showroom or godown or for carrying on any business, occupation, profession or trade, or for any other type of use ancillary to the purpose specified; (f) “Appellate Tribunal” means the Real Estate Appellate Tribunal established under section 43;

Section 2 – The REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 | DailyLaw.ai