638+ Lawyers are online 
Builder's duty towards maintenance of flats
24-Mar-2023 (In Property Law)
OWNERSHIP FLATS ACT 1963 SAYS THAT IT IS THE BUILDER DUTY TO PAY PROPERTY TAX, GROUND RENT,MUNCIPAL TAXES,WATER AND ELECTRICITY EXPENSES, AMONG OTHERS UNTILL THE PROPERTY IS TRANSFERRED TO THE CO- OPERATIVE HOUSING SOCIETY.IS IT STILL VALID INCLUCDING COMMERCIAL PREMISES AS WELL?
Yes the said act, MAHARASHTRA OWNERSHIP FLATS ACT 1963 (MOFA) is still in effect. Also, According to the Section 3 (j) of Maharashtra Ownership Flats Act, 1963, the builder/promoter who is selling away the premises is required to make a full and true disclosure of all outgoings (including ground rent if any, municipal or other local taxes, taxes on income, water charges and electricity charges, revenue assessment, interest on any mortgage or other encumbrances, if any. But According to the section 12. (1) Every person who has executed an agreement to take a flat shall pay at the proper time and place the price, his proportionate share of the
municipal taxes, water and electricity charges, ground rent (if any) and other public charges in accordance with his agreement with the promoter ; and where a co-operative society or a company of persons taking the flats is to be constituted, co-operate in the formation of such society or company, as the case may be.
municipal taxes, water and electricity charges, ground rent (if any) and other public charges in accordance with his agreement with the promoter ; and where a co-operative society or a company of persons taking the flats is to be constituted, co-operate in the formation of such society or company, as the case may be.
Helpful?
Adv. Siddhant Sharma
Delhi | 500+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
