(i) The registration granted under section 9 may be renewed, on an application made by the real estate agent in Form-K which shall not be less than three months prior to the expiryofthe registration granted. :
(2) The appligation for renewal of registration shall be accompanied with a demand draft or bankers cheque drawn on any scheduled bank or proof of payment through online mode, as the case may be, for a sum of rupees five thousand in case ofthe real estate agent being an individual or rupees twenty five thousand in case of the real estate agent being anyone other than an individual.
(3) The real estate agent, shall also submit all the updated documents set out in clauses (a) to (f) of sub-rule (1) of rule 10 at the time of application for renewal.
(4) In case of.renewal of registration, the Authority shall grant the certificate for renewal of registration in Form-L to the real estate agent and in case of rejection of the application for renewal of registration the Authority, shall inform the real estate agent in Form-J: :
Provided that no application for renewal of registration shall berejected unless the applicant has been given an opportunity of being heardin the matter.
(S$) The renewal ofregistration ofthe real estateagent shall be granted provided that the real estate agent remains in compliance with the provisions of the Actand the rules and regulations made thereunder.
(6) The renewal granted under this rule shall be valid for a period five years.