Querist :
Anonymous
(Querist) 15 July 2021
This query is : Resolved
Hello sir,
I have purchase home from my elder brother in 2014, now society chairman ask to pay transfer fee. With panelty .
My query is this property sold in near blood relation , so I am liable to pay transfer fee ? If yes then a how moch and no than what should I do to get share certi on my name from office .
Dr J C Vashista
(Expert) 15 July 2021
Where is the property located i.e., the State (Andhra / Maharashtra / Delhi etc) as local laws differ from state to state. In Delhi transfer fees of Rs. 500/- + share of 100/- + 10/- administrative charges can be collected when a purchaser apply for membership in the cooperative housing society. Consult a local lawyer for better appreciation of facts and professional advise.
Querist :
Anonymous
(Querist) 15 July 2021
Thanks sir ,
You have to pay nominal transfer fees of Rs. 500/-. For transferring share certificate you have to get transfer NOC and submit the membership application form to society.
P. Venu
(Expert) 15 July 2021
You may request him to inform you the authority under which the transfer fee and penalty is sought. What is the law under which Society is registered?
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