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Who bears the expenditure of registration of owner's association


10-Mar-2023 (In Property Law)
I have bought a flat in Bengaluru. Now is the time for the builder to handover to the Apartment Owners Association. We have elected a MC too. Please tell me who will bear the expenses of Registration of this association; builder or we. Also, how much is the expenditure?
Answers (2)

Answer #1
791 votes
It should be borne by the members of the association . Please do consult a advocate for the same he will help you out in solving the issue . It may cost you a 30 thousand or more . And it should be registered under Karnataka society act 1960
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Answer #2
508 votes
Hi ,
You must bear the charges of registeration . ,..,.
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