In Maharashtra, registering a condominium under the Maharashtra Apartment Ownership Act, 1970 is optional, not mandatory.
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In Maharashtra, registering a condominium under the Maharashtra Apartment Ownership Act, 1970 is optional, not mandatory.
Under Section 13 of MAHARASHTRA APARTMENT OWNERSHIP
ACT, 1970 deed of apartment requires registration.
Under section 13 registering a condominium society in Maharashtra under the Maharashtra Apartment Ownership Act (MAOA) is mandatory.
2) An apartment is registered under this Act by executing a formal declaration of apartment ownership that details the property and individual units, followed by registering the deed of apartment under the Registration Act, thereby providing legal recognition and clear title.
In Maharashtra, registering a condominium (AOA) under the Maharashtra Apartment Ownership Act, 1970 is not mandatory unless a Declaration is filed under Section 2 of the Act. Only then does registration become necessary.
Section 13 of the Maharashtra Apartment Ownership Act, 1970, outlines the registration requirements for declarations, deeds of apartments, and floor plans. It mandates that these documents be registered under the Registration Act, 1908.
If a building has 5 or more apartments, forming and registering an association is required.
Registered AOA can sue or be sued in court, offering legal protection and benefits to the association and its members.
While not mandatory, registering under the Maharashtra Cooperative Societies Act may be an option for some associations.
- Yes, under section 13 of the the Maharashtra Apartment Ownership Act , registering a condominium society in Maharashtra is mandatory.
Yes, registering a condominium society in Maharashtra is mandatory. According to Section 10 of the Maharashtra Ownership Flat Act, 1963, it is obligatory to apply for a co-operative society or an Association of Apartment within four months from the time flat owners take possession. This ensures legal recognition and governance of the society.
Additionally, the Maharashtra Apartment Ownership Act, 1970 provides further regulations regarding apartment ownership and registration.