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msc rules
21
Feb

Process of Co-operative Housing Society Registration

February 21, 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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21
Feb

Procedure To Recover Maintenance Dues from Defaulters of Cooperative Housing Society

February 21, 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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21
Feb

Advocate for property transfer

February 21, 2025
Advocate for property transfer  DUE DILIGENCE TO BE DONE WHILE PURCHASING A  PROPERTY First comes in the checklist is the Zone.Check it whether the property comes into the “R” OR “NON-AGRICULTURE” zone because if the the property is in non residential or non agriculture zone like green zone etc.you may not get approvals from authorities...
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21
Feb

Lawyers for Sale Deed

February 21, 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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21
Feb

What is 7/12 Extract?

February 21, 2025
                               What is 7/12 Extract? The 7/12 Extract Document is an extract from the land records register of any district, maintained by the revenue department of the state government of Maharashtra. It is traditionally called ‘Saath Baara Utara’ in Maharashtra. . How to get 7/12 extract?In order to obtain the 7/ 12 extract, you need to...
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18
Feb

Documentation for Deemed Conveyance

February 18, 2025
Documentation for Deemed Conveyance Documentation is a very important & crucial stage in the Procedure for Deemed Conveyance. It requires absolute focus & meticulous handling to ensure that all the required documents are obtained & organized in an appropriate manner. The Land Revenue Records of recent origin are obtained by making applications to the respective...
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18
Feb

PROVISIONS FOR DEEMED CONVEYANCE UNDER MOFA

February 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
Feb

WHY CONVEYANCE DEED IS AN IMPORTANT DOCUMENT?

February 18, 2025
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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18
Feb

SOCIETY REGISTRATION

February 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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18
Feb

CONVEYANCE DEED

February 18, 2025
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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