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msc rules
WHY CONVEYANCE DEED IS AN IMPORTANT DOCUMENT? A deed is a written document or an instrument that is sealed, signed and delivered by all parties to the contract (buyer and seller). It is a contractual document that includes legally valid terms, and is enforceable in a court of law.  It is mandatory that a deed should...
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SOCIETY REGISTRATION First general body meeting (before registration) In this meeting under Society’s Model Bye-law 3(iii), the Chief Promoter (could be the builder) is primarily selected by the promoters, who are members co-signing the registration application before the Registering Authority, under Bye-law 3(xii). In this meeting, necessary resolutions are passed like opening the account in...
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CONVEYANCE DEED In case of housing societies the builder/promoters have to ideally create deed of conveyance and hand over it to housing societies that to within 4 months after project completion. However, due to lack of knowledge many builders do not create such documents. There have been cases where builders have later on denied to...
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DIFFERENCE BETWEEN CONVEYANCE AND DEEMED CONVEYANCE Conveyance – A generic term for any written document which transfers (conveys) real estate property or real property interests from one party to another. So by the above definition its very clear that if someone willingly transfers their legal right of the property to another party they would need...
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What is Conveyance Deed? A generic term for any written document which transfers/conveys real estate property or real property interests from one party to another. If someone willingly transfers their legal rights, title, interest and ownership of the property to another party they would need to create a document which transfers this right. Such a...
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CONVEYANCE SERVICES FOR SOCIETIES:- In most of the cases people believe that a Purchase Agreement is the final document they need to own. However, a mere purchase agreement does not pass on the developer’s rights on the land to the society. Societies need to make sure they have the complete right to the land, and...
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DIFFERENCE BETWEEN CONVEYANCE AND DEEMED CONVEYANCE Conveyance – A generic term for any written document which transfers (conveys) real estate property or real property interests from one party to another. So by the above definition its very clear that if someone willingly transfers their legal right of the property to another party they would need...
Read More
What is Conveyance Deed? A generic term for any written document which transfers/conveys real estate property or real property interests from one party to another. If someone willingly transfers their legal rights, title, interest and ownership of the property to another party they would need to create a document which transfers this right. Such a...
Read More
DOCUMENTS REQUIRED: Further, the application required to be made with the Registrar shall be accompanied by copies of certain 20 odd documents which the society shall have to prepare or get prepared. The papers required for doing Deemed Conveyance are as follows: Application Form 7 to the District Deputy Registrar, Co-operative Societies, affixing a court...
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CONVEYANCE SERVICES FOR SOCIETIES:- In most of the cases people believe that a Purchase Agreement is the final document they need to own. However, a mere purchase agreement does not pass on the developer’s rights on the land to the society. Societies need to make sure they have the complete right to the land, and...
Read More
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