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NOC for flat sale in cooperative housing society
18-May-2023 (In Property Law)
Hello, This question is regarding cooperative housing society. We have an apartment in a plotted cooperative housing society. The apartment is the main member of the society and the residents are nominal members. Now if one of the flat owners of the apartment wishes to sell his/her flat is it mandatory for the owner to obtain a NOC from the other residents of that apartment? Can the society issue a NOC only after the other residents have given their NOC? Also, Can the residents sign an agreement within them which restricts them from selling the flat to an outsider? Thanks
If you wish to sell the flat in a co operative society, you need to take a NOC from the society. The NOC is issued by the managing committee of the co operative society. No, the residents cannot make such agreements.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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