Introduction of Karnataka Apartment Ownership Act

Q: The state government has introduced Karnataka Apartment Ownership Act (KAOA) 1972. What are the legalities involved?

Mriganka Sharma, Bangalore

16th January 2014

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Replies (3)

Thanks for the information. I can see Mr Darshan is having much knowledge about the topic Is this act only for residential property or it is for both residential and commercial property?

Mriganka Sharma, Bangalore

16th January 2014

Comment

KAOA deals particularly with apartments with residential value. The housing apartments are eyed as heritable and transferable properties under the act. It is a mandate for the apartment owners to sign all the particulars, in order to register an apartment complex under the KAOA act.

Balaji, Bangalore

16th January 2014

I heard that additional details related to the apartment must be filed along with the registration of a building’s declaration. Can you tell me what are the details?

Mriganka Sharma, Bangalore

16th January 2014

As far as I know details related to the apartment must be filed along with the registration of a building’s declaration must be inclusive of location, building’s name, layout and the approx number of apartments. Furthermore, the dimension of the apartment must be provided to complete the registration process without any legal obstruction.

Balaji, Bangalore

16th January 2014

According to the KAOA Act, a promoter, builder or owner of an apartment is required to execute a document, commonly stated as the DoD (Deed of Declaration).

Darshan Shetty, Bangalore

16th January 2014

Comment

Yeah you are absolutely right. The document, in its entirety, gives a full description of the property in question, coupled with complete information of all the apartments and other amenities. Together with DoD, bye-laws of the association of owners and copies of the plan approvals are also registered.

Balaji, Bangalore

16th January 2014

Moreover, as per the KAOA act, when a particular apartment owner attempts to register their Deed of Apartments to complete their sale, it must constitute data regarding its registration, date of the registration and the registration number. This will enable the ownership scheme to become easily traceable and clear the title.

Darshan Shetty, Bangalore

16th January 2014

In Karnataka, particularly in the urban regions,apartment buyers have been scrambling for owner’s registration for quite sometime now. On account of this, purchasing an independent house has become a daunting task. In a move to bring to pass transparency in transferability of immovable property and help apartment buyers actually own a dwelling, the state government has introduced Karnataka Apartment Ownership Act (KAOA) 1972.

Darshan Shetty, Bangalore

16th January 2014

Comment

As far as I know a number of owner’s association registration has been done under the Karnataka Societies Act previously. What you want to say about?

Afzal, Bangalore

16th January 2014

As per legal advisors, it is not the right law to register an apartment association. The Karnataka Apartment Ownership Act (KAOA), although has wheels within wheels and includes a number of legalities, is the correct law for owner’s association registration.

Parag Shukla, Bangalore

16th January 2014