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DDDDDDDDDDDDDD (Director)     11 February 2014

Transfer of property

Dear Sir,

Recently I and my father jointly purchased resale property in Kandivali, Mumbai.

Since at the time of registration society was formed but not handed over to the members, both buyer and seller paid Rs100/- per sq. feet to builder for obtaning NOC. Using that NOC we have taken a bank loan and finished the transaction.

Now that builder have handed over the society to the members, society is asking for further transfer charges and still issuing the maintenance bill in the name of old owner. While handover builder have clearly mentioned against our flat number "ABC" sold to "XYZ".

For your updates society is formed but still there is no person is signing on behalf of the society. Even our maintenance bill are just stamped but carries no signature.

I need your expert advice, do I need to pay further transfer charges once I paid to Builder who acknowledge the sale while handling over.



Learning

 2 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     11 February 2014

IF the flat has directly been brought from the Builder, vide a duly Stamp Duty paid Registered agreement,  THEN the Society cannot levy further Transfer Charges.


However, the Builder has to write to the Society, about the new sale and submit copies of the agreeement.


Keep Smiling .... Hemant Agarwal
https://hemantagarwal21.blogspot.in/?view=sidebar

DDDDDDDDDDDDDD (Director)     25 February 2014

Thanks for your reply. But we have bought flat in resale (not from builder) and builder had charged Rs200/- psf for transfer.


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