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msc rules
02
May

Essential Elements in a Conveyance Deed

May 2, 2025
Essential Elements in a Conveyance Deed The term “Deed” means a written legal contract that binds the parties to its terms and can be proved in the court as evidence. The term ‘Conveyance’ is used when there is transfer of ownership or legal title in a property from one person to another. Hence, a conveyance...
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02
May

WHY A CO-OPERATIVE HOUSING SOCIETY IS BETTER THAN APARTMENT OWNERS ASSOCIATION?

May 2, 2025
WHY A CO-OPERATIVE HOUSING SOCIETY IS BETTER THAN APARTMENT OWNERS ASSOCIATION? 1.            The builder is interested in using the increased FSI which will be awarded by the govt. for that area at any time in future. If the ‘Society’ is formed, then upon the transfer and conveyance of land in favour of the Society, the...
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02
May

Process of Co-operative Housing Society Registration

May 2, 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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30
Apr

ADVOCATES FOR REGISTRATION OF HOUSING SOCIETY:

April 30, 2025
ADVOCATES FOR REGISTRATION OF HOUSING SOCIETY: A co-operative society is the perfect fit for a residential building as flat-owners have common needs (water connection, watchmen, etc) and interests (maintenance of common areas, such as the terrace and compound). If you’ve purchased a flat in a new building, it would probably be best if you took...
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30
Apr

SOCIETY FORMATION

April 30, 2025
SOCIETY FORMATION 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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30
Apr

BUILDER IS NOT COOPERATING TO FORM CO-OPERATIVE HOUSING SOCIETY

April 30, 2025
BUILDER IS NOT COOPERATING TO FORM CO-OPERATIVE HOUSING SOCIETY If builder/promoter procrastinate in registering the Co-operative Housing Society, then in that case, the application for registration of society be submitted in Form 6 (Rule 12) before the authorized officer (District Dy. Registrar in the respective district, who have given power under Section 10(1) of the...
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30
Apr

CHECKLIST FOR HANDOVER OF SOCIETY FROM BUILDER

April 30, 2025
CHECKLIST FOR HANDOVER OF SOCIETY FROM BUILDER During the handover procedure it is important to record and file all details related to the process so that even if problems arise years later, all you need to do is look through this set of records and, accordingly, figure out what to do next. The builder-residents society...
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30
Apr

COMPARISON BETWEEN A CONDOMINIUM AND A SOCIETY

April 30, 2025
COMPARISON BETWEEN A CONDOMINIUM AND A SOCIETY Though the condominium is more than a forty year old ownership concept for buildings in Mumbai, it is the cooperative society model which has been the most popular so far. However, in recent times, the concept of a condominium is slowly gaining momentum. Buyers who purchase premises on...
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30
Apr

Laws Applicable to Co-Operative Society

April 30, 2025
Laws Applicable to Co-Operative Society The Cooperative Societies Act, 1912 expanded the sphere of cooperation between its members and provided for supervision by central organization. A cooperative society, which has its object the promotion of the economic interests of its members in accordance with the co-operative principles, may be registered with limited or unlimited liability...
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30
Apr

Lawyers for Sale Deed

April 30, 2025
Lawyers for Sale Deed A Sale deed is an instrument which shows the transfer of title, rights, and ownership of a property from a owner/vendor/ seller to a buyer/purchaser A sale deed is an essential document for both the parties which are registered in accordance with the Registration Act, 1908. It is signed and executed...
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