Infrastructure Project Management Consultant

Precautions to be taken before buying property And Signing Agreement .

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1. the Secretary/ M. Committee of the society and collect the details of the outstanding on the particular flat. Also will get to know about any defects of title/ membership.

2. Give 15 days prior notice to the society before executing the agreement.

3. Once you desired to purchase it, ask your seller to provide the Xerox copy of chain agreements ( all agreements from builder to the seller)

4. If the flat is under any housing loan, collect a NOC letter from the said bank.

5. Execute an Agreement for Sale ( MOU) describing the mode payment terms and conditions. It must mention the time frame of payment and handing over of possession.

6. For the preparation of all the legal documents you must consult a good civil lawyer. He will manage all your work including the registration of Sale Deed in a proper manner.

7. As a purchaser if you are planning for loan facilities, ensure that you are entitled for such amount of loan. Don't burden yourself if loan is not possible.

New photo by Kashyap Vyas

TERRACE RIGHTS LAW :-

A developer does not have the legal right to sell an area which is shared by all members of the housing society.

Similarly, some flat- owners of top floors claim ownership of the terrace and deter other owners from using the same. Both these actions do not conform to the prescribed Laws.

1) terrace forms part of common area for benefit of all flat owners

2) no construction ...
Common Roof Rights Cannot Be Sold By Developers -

A terrace that is not accessible from the common areas

as well as counted in Total FSI consumed by Builder

and is attached exclusively to a flat can only be sold to a flat owner but all other terraces are for the common usage.

It is for the same reason a terrace is not included in the Floor Space Index (FSI) of an apartment.
What Is Common Terraces In Housing Societies? -

Common Rooftop , Terraces are Constructed Free of FSI . And all Society Residents have lawful Rights over such Terraces.

A developer does not have the legal right to sell an area which is shared by all members of the housing society.

Similarly, some flat- owners of top floors claim ownership of the terrace and deter other owners from using the same.

A developer does not have any right to sell or lease terrace of the housing society to any particular owner or owners of the properties in the society or anyone else.

Precautions to be taken while purchasing a terrace flat - -

So make sure that before purchasing a terrace flat a copy ... The Agreement should also specify the carpet area clearly along with the Terrace .

If you want to be sure about terrace rights, just file an RTI .... member that reveals an individual's legal name, address, ...
Terrace is common space.

इस चुनाव में जो सबक जनता ने दिखाया की अगर हिम्मत है तो VVPAT से ही चुनाव कराओ, फिर देखते है की बीजेपी कहाँ कहाँ जीतने की हिम्मत रखती है : AK