Sayed Maqsood Ahmed 20 April 2024
T. Kalaiselvan, Advocate (Advocate) 21 April 2024
Is the society a registered body?
If not then how was the society formed.
If it is a registered body then it has to follow the bylaws in this regard.
The society can demand execution of the conveyance deed anytime subsequently.
Sayed Maqsood Ahmed 21 April 2024
Respected sir
The society is registered under the Maharashtra Co-operative Societies Act 1970. But some far the society's premises is still in the possession of the builder after hand8ng over to the society in 2003.
Kindly enlighten when the conveyance deed or deemed conveyance is not done so far can the society still claim the open parking charges from the members who have 3 or 4 wheelers.
T. Kalaiselvan, Advocate (Advocate) 21 April 2024
Deemed conveyance is a legal provision under Indian law that allows the transfer of ownership of immovable property from the builder or developer to the cooperative housing society or the apartment owners' association, even if the builder or developer has not executed the conveyance deed.
A conveyance certificate is a legal document issued by the builder or developer of a housing project that certifies the transfer of ownership of the land and building to the housing society. This document is required for the society to obtain a conveyance deed and full ownership of the property. The conveyance certificate includes details such as the date of completion of the project, the name of the builder or developer, and the area of the land and building.
As your society is a registered body, it can very well initiate legal action as per law against the builder to get the conveyance deed executed
Sayed Maqsood Ahmed 21 April 2024
Many thanks Respected advocate for your valuable legal views.
However I would like to reiterate that when the deemed or conveyance deed is not done can sociery lstill evy open parking charges to its members
Thank you in advance for your valuable reply