Transfer charges in c.h.s.

Querist :
Anonymous
(Querist) 09 March 2019
This query is : Resolved
Who is liable to pay the transfer charges towards purchase of flat in a Co-op Housing Society within Mumbai. Is it the Seller (out going member) or the Buyer (incoming member) - Thanks
SHIRISH PAWAR, 7738990900
(Expert) 09 March 2019
There is no rule regarding payment of transfer charges. Both seller and buyer mutually decide regarding payment of transfer charges. In usual practice buyer pays stamp duty, registration and transfer charges.