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Akshat Singh (Accountant)     14 May 2014

Asking for society formation fee rs 15k

Please tell me if society formation fee needs to be paid to apartment association in case of ownership transfer from mother to daughter even though I am not moving to the property. My mother will still live there. Bye Law says Rs 10 but they changed formation fee to 15k in a committee meeting without changing the Bye Law and forced it upon us



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 3 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     22 September 2014

1.  No fees (of any kind) can be charged by the Mg. Committee, without approval of the General Body members and consequently registering the same in the Bye-Laws.

 

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owens sheppard   25 October 2022

As far as I know, there is no need for this fee. When you move together with family members.

 

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rottaamie   13 September 2024

If the apartment association's by-laws specify a Rs 10 fee for ownership transfer, they generally cannot enforce a higher fee of Rs 15,000 without updating the by-laws. You should review the by-laws and consult a legal expert to address the discrepancy and ensure compliance with official procedures.

 


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