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What documents or legal process do I need to sell a society flat


05-Oct-2023 (In Documentation Law)

Hi, I have purchase my flat in 2011, now I would iike to sell it. Society has not been formed yet. Following are the list of queries 1. The society is not yet formed do I need a Builder NOC 2. Have no clue about property tax or maintence charges. 3. What documents or legal process do I need to following

Answers (1)

Answer #1
821 votes
At the time of sale agreement of your flat, you need to avail builder's NOC. You will also need to provide Possession receipt given to you by builder at the time of handing over possession of your flat. You need to pay property tax, maintenance, electricity charges, etc. before executing an agreement. If your flat is mortgaged for a loan, you will need Bank's NOC as well. It is advisable you better consult a property lawyer for the documentation procedure.
Advocate Harshal Jadhav

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