Which document must a broker secure from the developer to legally promote off-plan units?

To legally promote off-plan units, a broker must secure a Notification of Compliance (NOC) from RERA. This document is critical as it assures that the development has met all regulatory standards and is authorized for sale. The NOC serves as a form of validation from the Real Estate Regulatory Agency that the developer complies with all necessary laws and regulations.

Providing this notification protects buyers by confirming the legitimacy of the off-plan project, ensuring that they are investing in a property that adheres to the requirements set forth by RERA. It acts as an essential safeguard in the real estate market, especially for off-plan projects which can involve higher risks for buyers. Therefore, obtaining this documentation not only fulfills legal requirements but also builds trust between brokers, developers, and potential buyers.