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Article 24-1
For rental of Appointed Cases, a brokerage agency should declare the current transaction information to the administration office after signing the rental contract within 30 days.
A sale agency commissioned by the tenant-builders or the building industry to sell pre-sale houses, should declare the consigned contract to the administration office after signing, change, or termination of the consigned contract within 30 days and declarethe current transaction information to the administration office after signing the sale contract within 30 days.
Government may utilize the registered transaction information of the preceding two paragraphs and provide public for inquiry without revealing personal data.
The registered real estate transaction price information shall become a basis for taxation only until complementary laws are enacted.
Rules of the registered types and contents in the preceding first and second paragraphs and the provision of information contents, ways, fees and other matters to follow in the preceding third paragraph shall be formulated by the central competent authority.
The competent authority of the municipality or county (city) may request parties to the transactions, or real estate broking to access, obtain relevant documents or provide explanations in order to check the registered information. The central competentauthority may inquire about and obtain documents related to price information from relevant agencies or financial institutions in order to check suspected information of declared price. The inspected person shall not evade, hinder or refuse the inspection.
The inspection in the preceding paragraph shall not exceed the necessary scope for the purpose of ensuring the correctness of the declared real estate transaction information.
Accepting the declaring real transaction information in the preceding first and second paragraphs and the inspection in the preceding sixth paragraph, the competent authority of the municipality or county (city) may authorize its subordinate authority tohandle the matter.
The district basis real estate transaction information provided prior to the enforcement of articles of this Act that were amended on December 30, 2020 shall be re-provided for inquiry in accordance with the preceding third paragraph.
Article 29
The brokerage agency, which violates this act, shall be penalized according to the following regulations:
1. Those who violate Article 7 (6) , Article 11, Article 17, Article 19 (1) , Article 21 (1) and (2) or Article 22 (1) shall be fined from sixty thousand to three hundred thousand NT dollars by the competent authority of municipal or county(city).
2. Those who violate paragraph 2 of Article 24-1 by failing to declare real estate transaction information in accordance with the limits or declaring the incorrect price or area information, shall be fined from thirty thousand to one hundredand fifty thousand NT dollars and rectified within the time limit. When they fail to do so, a fine should be imposed each time the violation occurs. After being punished twice, they should be fined from three hundred thousand to one million NT dollars. Thosedeclaration containing buildings will be punished according to the number of households or buildings.
3. Those who violate paragraph 2 of Article 24-1 by failing to declare the consigned contract, violate paragraph 6 of Article 24-1 by evading, hindering or refusing the inspection, or violate Article 24-2 should be fined from thirty thousandto one hundred and fifty thousand NT dollars by the competent authority of municipal or county (city).
4. Those who violate Article 12, Article 18, Article 20, or Article 27 and who have not rectified themselves within the time limit given by the competent authority of municipal or county (city) shall be fined from thirty thousand to one hundredand fifty thousand NT dollars.
5. Those who violate paragraph 1 of Article 24-1 by failing to declare current transaction information in accordance with the limits or declaring the incorrect rental or area information, shall be fined from ten thousand to fifty thousandNT dollars by the competent authority of municipal or county (city).
6. Those who violate paragraph 1 or 2 of Article 24-1 by declaring the incorrect information except rental, price or area information, and who have not rectified themselves within the time limit given by the competent authority of municipalor county (city) shall be fined from six thousand to thirty thousand NT dollars.
7. Those who violate Article 7 (3), (4) or Article 8 (4) shall be suspended by the competent authority of municipal or county (city). Suspension of business shall not be lifted until the brokerage agency makes up the guaranty bond. Nevertheless,if suspension of business lasts for one year, the permit of the broking agency shall be abolished.
Those who are fined according to sections 1, 3 to 6 above and who have not rectified themselves within the time limit given by the competent authority shall be penalized each time.
Parties to the transactions or financial institutions violate paragraph 6 of Article 24-1 by evading, hindering or refusing the inspection should be fined from thirty thousand to one hundred and fifty thousand NT dollars and rectified within the time limit.When they fail to do so, a fine should be imposed each time the violation occurs.
Article 40
This act shall be effective from the date of its promulgation. The enforcement date for Article 24-1, 24-2 and section 2 of paragraph 1 of Article 29 announced on December 30, 2011, of this Act is enacted by Executive Yuan. The enforcement date for Article24-1 and 29 amended on December 30, 2020, of this Act is enacted by Executive Yuan.