Transfer fees on sale of apartment

Uday Godbole (Querist) 23 December 2024 This query is : Resolved
Can we charge transfer fees when the apartment is sold? It is not a co-op society but an apartment. We don't know much about apartment by-laws. We know registered society can charge transfer fees but ours is not registered co-op society but registered apartment

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T. Kalaiselvan, Advocate (Expert) 23 December 2024
You will be having a resident welfare association with bylaws, you may visit the bylaws in this regard or enquire from the secretary/treasurer about it and proceed, this is a practical situation which canot be solved by people sitting at remote places.

kavksatyanarayana (Expert) 24 December 2024
I think your apartment members formed an association called " Apartment Flat Owners' Association" and if the rules of the bylaws are permitted you can charge the transfer fee, otherwise, you cannot.

Dr. J C Vashista (Expert) 25 December 2024
There is no such provision to charge any amount on account of transfer of ownership either in Cooperative Society /RWA and/or any apartments association.

P. Venu (Expert) 03 January 2025
In the absence of the Apartment being registered under the law as applicable, the byelaws of have no force of law.

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