6. After that, when an apartment is sold, the builder can first conclude a purchase contract with the buyer and later the housing association, which was created on the basis of the presentation of the declaration certificate, can then execute the housing deed with the buyer of the house through his manager or secretary, community life is difficult because it brings together many people from different backgrounds. An AOA can help formulate the rules for society and also ensure that these rules are followed. This guarantees the common good. Ensuring your safety is also the duty of an AOA. For example, in the wake of the coronavirus pandemic, the Ministry of Housing has published a set of rules and regulations for associations. Enforcing these rules to ensure your safety is also a priority for the AOA. Is this a prerequisite for the realization of a housing register before forming an AOA, even though more than 60% of apartment owners have already taken possession of their apartments? The company in question is located in Noida, Uttar Pradesh KAOA – 4 apartments to form a building. All owners must meet to register the association. In the case of the transfer of apartments, all transfers of apartments by the sole owner or all owners of the property (as owners or owners who have issued and registered a declaration in Form “A”) to an apartment owner and subsequent transfers from an apartment owner to his buyer will be made by a housing deed. • At least seven members are required to form an association.
Among these 7 members, you must appoint leaders and other people to ensure that the association is well managed. Officials are accountable to the rest of the association and the members of the apartment as a whole (something we will discuss in a moment) If you have a registered welfare association of the apartment owner, this will help as an intermediary and help resolve the dispute without legal intervention. The difference between the apartment and the apartment is that with regard to condominium ownership, the legal title of the apartment as an object, as well as a proportional share of the common parts of the building and also a proportional share of the land on which the building is located, rests with the owner of the apartment. That is, the building belongs together, but each apartment owner has an independent right to his apartment to the exclusion of others. While in the case of ownership of the dwelling, the ownership of the building and land belongs to the Housing Cooperative or a limited liability company and the owner of the apartment is not the owner of the apartment in the strict sense, but only has the right to occupy the apartment. This is a type of hereditary and transferable property. To form a housing association, the following steps must be followed:1) You must elect the members of the association`s board of directors2) You must hold a general meeting to ratify the association`s bylaws3) You must contact the registrar of co-operatives with the articles, declaration certificate (Form-A) and the consent of other owners to register the association. Please note that the Apartment Association must be registered under the Karnataka Apartment Owners Act 1972 and not the Karnataka Company Registration Act 1960. General body refers to all the inhabitants of the dwelling house.
This meeting must be notified by a wider audience and all apartment owners must be aware of this. The agenda of the meeting must be mentioned, i.e. the formation of the ESA, the adoption of the model statutes and the dissolution of the board of directors. Although the basic goal of the two courses is similar, there are many differences between a business and a condominium. Some of the differentiations are as follows and we recommend our clients to read and understand carefully: 3) The articles and rules of the “Company” are binding on all residents and no one can act on their whims. So, if the company decides to ban offensive business activities in apartments, such as. B, noise-generating music lessons or use of the apartment for catering or courier activities, etc., or not on singles, etc. to rent, then all residents must adhere to it. But if it is an apartment, the owners can violate the housing rules and the housing authority can simply file a case in the civil court. However, while company disputes are dealt with by a separate court, i.e. a cooperative court, which deals with business matters, and therefore they are resolved quickly, while housing issues have to be brought before the normal civil court and therefore usually take years and decades to resolve them. SecretaryThe secretary is responsible for the executive administration of the association and is subject to the control of the committee.
For example, let`s say an Ehsaan Khalid quarreled with a resident next door about the contribution to the shared elevator. The majority of the other residents helped khalid. The maintenance of the elevator had required a contribution from all apartment owners, but a handful of families were not willing to contribute. In such cases, an AOA can mediate and resolve the situation by helping people understand the benefits. Another key role of the ESA intervenes in the event of a discrepancy between residents and board members. .