Transfer of flat in chs
padma
(Querist) 12 July 2012
This query is : Resolved
Sir,
I had purchased a flat in the month of April 2012 from a person who had also purchased the same from another person in March 2011, but the flat was transferred in his name only in January 2012. I have submitted all papers including copies of registered agreement, transfer forms and share certificate with transfer fees to the Secretary of the Society. The Secretary of the Society says that the flat purchased by me cannot be transferred till April 2013.
Request clarify if there is any bye-law/rule baring the transfer of flat before one year.
Thanks
Padma
V R SHROFF
(Expert) 12 July 2012
yes, Flat should be held for a year by the member.
girish shringi
(Expert) 13 July 2012
It depends upon the Bye-Laws of the respected Society.
ajay sethi
(Expert) 13 July 2012
the society is absolutely correct . a flat has to be held for period of one year by member . in case such flat is sold society wont transfer the flat in name of purchaser