Transfer of Flat in Borivali Mumbai

692 votes

After obtaining a Letter of Administration from the Mumbai High Court and submitting all necessary documents to the society’s committee, you generally have the right to rent out your flat even if the transfer of ownership is still in process. Under the Maharashtra Co-operative Societies Act and society bye-laws, you may lease your property as long as the society’s regulations on rentals are followed, such as notifying the society and obtaining a no-objection certificate if required. Since you have received the Letter of Administration, you hold the legal authority to manage the property, including renting it out. The society cannot unreasonably deny permission if you have submitted the required documents for transfer and followed rental procedures. It is advisable to communicate clearly with the society and keep documentation of all communications. If the society objects

Advocate Rohan Venkatesh Yemul LawRato

898 votes

Yes, you can start the process with due intimation to the society. Intimation to the society would enable you to avoid any future disputes. Feel free to contact me for seeking any legal advice as regards the same.

Advocate Prerna Shukla LawRato

902 votes

It will be best if you wait for a little bit even after seeking Letters of Administration, to let the transfer formally happen via Society too, by transferring the Share Certificates on your name, then, you can certainly transfer the Property on rental basis to anyone to gain commercially.

Advocate Pankaj Bajaj LawRato