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maharashtra ownership flats act 1963

Mumbai: All you need to know about Sale Agreement!

Agreement for Sale is the central document governing the sale of property. It contains the agreed upon terms & conditions between seller and buyer for the sale of property and is legally binding on both the parties. The buyer is referred to as the purchaser and the developer is referred to as the promoters in […]

nikunj.j

maharashtra

The Maharashtra Apartment Ownership Act, 1970

Maharashtra Apartment Ownership Act, 1970 is a revolutionary Act that paved the way for many other states to introduce a similar legislation. A popular example is the Karnataka Apartment Ownership Act, 1972, which used the Maharashtra legislation as a model Act.   The Maharashtra Apartment Ownership Act 1970 empowers apartment owners to fully own the […]

dineshk

Can a property buyer own or occupy terrace of a housing society building?

Owning or occupying the terrace of a  housing society building is unfair and illegal. The builder/developer has no right to sell the terrace. Some developers of co-operative housing societies resort to the unfair practice of selling the rooftop / terrace. It has also come to light that in some housing societies, owners of the flats […]

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