![]() We do not accept responsibility for the accuracy of information sourced from an external entity or take personal/ legal responsibility for your use of this information. It is not intended as a substitute for professional advice. We strive to provide our readers with accurate information that helps them learn more about the topics. The information provided as Dear Society (“we,” “us” or “our”) on (the “Site”) is for general informational purposes only. ![]() If Deed of Apartment has not been executed and registered by the builder in favour of the respective flat owner, one might be obtained Deemed Conveyance Order from the CIDCO Joint Registrar by following the above-mentioned method.ĭisclaimer: Thank you for visiting our site. In a project with only two to four flats, the owners of the flats can form a company or partnership and convey the land in the name of the company. The Co-operative Housing Society’s name should be incorporated to the 7/12 Extract / Property Card. If the builder fails to register the Co-operative Housing Society, the 51% flat owners should join together and register the Co-operative Housing Society without the cooperation of the builder. The builder must register the Co-operative Housing Society within four months if 51% of the flats in the project or building are sold. ![]() What is the responsibility of the Flat Owner? The Deed of Conveyance, i.e Deed of Apartment, should be registered as soon as possible, and one’s name incorporated to the 7/12 Extract / Property Card. In the case of an apartment, each unit holder’s name can be incorporated on the 7/12 Extract / Property Card. The Co-operative Housing Society will acquire Lease Hold rights of the plot after paying the CIDCO transfer fee. Charges for CIDCO transfers have been determined by CIDCO.
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