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msc rules
28
Jan

PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA

January 28, 2025
PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA Amendments in Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 2005 giving a huge relief to hundreds and thousands of flats purchasers in Maharashtra. Conveyance to the societies was a burning issues which have integrated many problems like property tax, housing finance documentations...
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28
Jan

DIFFERENCE BETWEEN CONVEYANCE AND DEEMED CONVEYANCE

January 28, 2025
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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25
Jan

A COMPLETE GUIDE TO DEEMED CONVEYANCE

January 25, 2025
A COMPLETE GUIDE TO DEEMED CONVEYANCE Most of the flat-owners of the newly constructed Societies/apartments do not have their sale deeds or conveyance deeds. Mostly in the newly constructed buildings, the builders provide for forming a housing co-operative society to which they shall transfer their interest in the property. Then the builders form the society...
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25
Jan

CONVEYANCE SERVICES FOR SOCIETIES:-

January 25, 2025
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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24
Jan

A COMPLETE GUIDE TO DEEMED CONVEYANCE

January 24, 2025
A COMPLETE GUIDE TO DEEMED CONVEYANCE Most of the flat-owners of the newly constructed Societies/apartments do not have their sale deeds or conveyance deeds. Mostly in the newly constructed buildings, the builders provide for forming a housing co-operative society to which they shall transfer their interest in the property. Then the builders form the society...
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18
Jan

REGISTRATION OF DEEMED CONVEYANCE

January 18, 2025
REGISTRATION OF DEEMED CONVEYANCE On receipt of the Deemed Conveyance Order, the Deemed Conveyance between the Competent Authority & the Society is prepared. The Competent Authority appears in the Deed on behalf of the defaulting Land Owners & Property Developers. The Deemed Conveyance is submitted to the Office of Competent Authority for Approval & their...
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18
Jan

PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA

January 18, 2025
PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA Amendments in Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 2005 giving a huge relief to hundreds and thousands of flats purchasers in Maharashtra. Conveyance to the societies was a burning issues which have integrated many problems like property tax, housing finance documentations...
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18
Jan

SOCIETY REGISTRATION

January 18, 2025
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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17
Jan

Process of Co-operative Housing Society Registration

January 17, 2025
Process of Co-operative Housing Society Registration 60 % of the Promoters are must be ready to form Co-op. Housing Society. · If flats are sold as per the Maharashtra Ownership Flats Act,1963 [MOFA] then it is the duty of the Builder / Developer to form society and hand over the Account + Documents to Provisional...
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17
Jan

Procedure To Recover Maintenance Dues from Defaulters of Cooperative Housing Society

January 17, 2025
Procedure To Recover Maintenance Dues from Defaulters of Cooperative Housing Society In current situation running a society smoothly depends on how much cash reserves the society has in its bank. Few societies doesn’t feel that much heat as members are cooperative and paying maintenance bills on time, check .Regular payment from members makes easier to...
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