Final answer:
The fines from RESA include administrative fines, fines for developers, fines to brokerages, and REDMA fines.
Step-by-step explanation:
The RESA (Real Estate Services Act) is a legislation governing real estate transactions in certain regions. The fines under RESA can be categorized into administrative fines, fines for developers, fines to brokerages, and REDMA fines.
1. Administrative fines are issued by the regulatory authority for violations of rules and regulations pertaining to real estate services.
2. Fines for developers are imposed on developers who fail to meet certain obligations, such as completing projects on time or delivering as per agreed specifications.
3. Fines to brokerages are penalties imposed on real estate brokerages for various infractions, such as providing misleading information or acting against the best interests of clients.
4. REDMA fines refer to penalties under the Real Estate and Development Marketing Act, which specifically deals with the marketing and sales of pre-construction real estate.