How to find if the builder has formed an apartment owners association?

Q: Builder has not informed residents that he has formed Apartment Owners association. He has a receipt book that says Saras Apartment. Is there anyway flat owners can find if Apartment is registered or if builder is just fooling us? Builder does not call meetings, he collects money but never gives details of expenditure and he does not take opinion of flat owners before spending money,
Builder holds the accounts and he just tells us to contribute 5000 Rs or 30,000Rs and flat owners have to give money. What can owners do?

Ajay,

15th November 2017

Buying property in Civil Lines, Nagpur

apartment owners association

builder not forming apartment owners association

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Replies (1)

You can verify it on Registrar of Society office. And do not pay any maintenance charges until builder gets ready to give you the expenditure detail. Take the advice of a legal expert on this matter, I am sure he will help you.

Shrabani Deodhar, Pune

17th November 2017

Comment

Yes, I am agreed with Sharbani. Before registering an apartment under Apartment Owners Association, a builder has to call or inform all the society member. The minimum number of individuals required to get together to form an association is seven. These would unanimously elect by residents of the society/building. Representatives get together for a memorandum. The association needs to be registered and the following information is mandatory: 1) Proposal letter addressed to the Registrar of Societies, signed by all executive committee members, 2) Name of the association, 3) Address of the association, 4) Proceedings of the first general body meeting, 5) Memorandum of association, and Standard fee.

Abhijit Pawar, Pune

17th November 2017