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byomjeet (n/a)     09 November 2013

Agreement between builder and owners' association/society

Dear Experts, 

I need your guidance. Rather we need your guidance.

We have purchased flats in an apartment in Bhubaneswar (Odisha). This apartment has 18 flats and all the flats are sold and the possession to the owners has also been given by the builder. The builder had taken first year maintenance cost from the owners and that first year is going to end next month.

 

Now, the builder wants the owners to form a society so that the builder can hanover the maintenance and management of the apartment to the society. 

 

We are going to form the owners society now. After forming the society the builder is going to handover the apartment to the society. 

 

We will be happy if someone will guide us in this. The following are our queries. 

1. Is there an agreement which needs to be signed by the builder and the office bearers of the newly formed society?

2. If answer the the above question is YES then is there any draft/template of the agreement available with anyone who can share that with us. 

 

Will be grateful for your help.

 

Regards.



Learning

 3 Replies

T. Kalaiselvan, Advocate (Advocate)     09 November 2013

Once the builder has completed the building and handed over possession to the respective owners and also fulfilled the condition of maintenance of one year period after handing over the possession, he is right to hand over the charge to the Society and say good bye.  What is that further you want to continue with him?  If you want him to maintain the apartments premises for another fixed period of time, your association may make an agreement with him and get it registered or simply take over the building premises from him after fully satisfying yourself with all those you may think it to be satisfied about.

Adishwar kumar goyal   24 December 2016

Format on which agreement between builder and association to be made

Adishwar kumar goyal   24 December 2016

Format on which agreement between builder and association to be made

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