Housing society
padma
(Querist) 02 December 2014
This query is : Resolved
Sir,
In a Co-operative Hsg. Society if a member is purchasing a flat (second flat) from another member of the Society, then whether he is liable to pay the transfer premium as per Bye-law no 38(a) (ix). if no then under which rule/Bye-law please explain.
thanks
seshadri
Sailesh Kumar Shah
(Expert) 02 December 2014
transfer premium may be required to pay, if bye-laws of co-operative housing society provided.
ajay sethi
(Expert) 02 December 2014
1) he cannot purchase second flat without society permission .
2) transfer premium has to be paid