What is the fine for each violation of the Subdivided Land Act?

The Subdivided Land Act is designed to protect consumers from fraudulent and deceptive practices related to the sale of subdivided lots. It stipulates that individuals or entities violating this act may be subject to penalties, including fines. The statute specifically outlines that for each violation, the fine is set at $1,000. This amount reflects the seriousness with which regulatory bodies treat violations of consumer protection laws in real estate transactions, emphasizing the importance of compliance in maintaining fair trading practices in the market. The fines serve both as a punishment for non-compliance and as a deterrent to prevent future violations.