Is Deed of Declaration required to register society
09-Nov-2023 (In Civil Law)
we have registered through societies act of our apartment association. Do we still need to go for DOD to make sure our apartment is fully ours? there are contrasting opinions on this. one lawyer says it is required but other say that not required. which is more legal? we have undivided share of land and common area.
Deed of Declaration is registered by the Builder, which consists of description of the land on which the building is constructed, and the total no. of apartments, including the common areas. A deed of declaration is a mandatory document, which the Builder will execute.
What is a declaration property?
Condominium Declarations are an essential legal document to create a condominium. The declaration includes the description of the property and its common elements. It also contains the ownership units, and any terms and conditions regarding the acceptable use of a residence.
What is the legal deed of declaration?
A deed is a document that transfers ownership from one person to another. This document is used when the owner of an apartment or housing complex wants to transfer the ownership of individual units to tenants.
What is deed of declaration in West Bengal?
A declaration deed contains all relevant information about a property. It is an official legal document. This information can include: Construction area. Builders name. 2 Jan 2023
Can a deed of declaration be Cancelled?
To cancel a registered deed, a court order is required. The best way to do this is by filing a court petition. 8 Sept 2023
The homeowner under the KAOA is the absolute owner with a clear title of the apartment and its proportional undivided share (UDS) .
It is governed by the Transfer of Property Act,1882.
It requires a Deed of Declaration that describes the property- byelaws, the number of units, lifts, generators, gymnasiums, pools, firefighting equipment and such common facilities. The Declaration is made perfectly traceable by giving it a registration number as well.
It is governed by the Transfer of Property Act,1882.
It requires a Deed of Declaration that describes the property- byelaws, the number of units, lifts, generators, gymnasiums, pools, firefighting equipment and such common facilities. The Declaration is made perfectly traceable by giving it a registration number as well.
Deed of Declaration is a document where a developer of real estate provides details about his housing project. This document allows homebuyers to learn all about a project. It helps you make an informed decision about investing in real estate.
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