Wondering how can a provisional member become an owner of a property? When it comes to property ownership transfer, there are several ways a provisional member (such as a nominee or legal heir) can become the owner of a property. Let’s explore some options:
Nomination and Provisional Membership:
If the original flat owner has nominated someone (e.g., a family member) in the Nomination Form, the nominee becomes a provisional member.
Required documents for provisional membership:
Original Nomination Form in Appendix No. 14, filled by the deceased flat owner in the name of the nominee.
Nominator’s (deceased flat owner’s) copy of the death certificate.
Membership application (Appendix 15) by the nominee.
Provisional Membership entrance fee (usually Rs. 100/-).
Xerox copies of the nominee’s Aadhar Card and Pan Card.
The provisional member has limited rights (e.g., attending General Body meetings) but cannot contest the Managing Committee Election of the Society.
Transfer of Ownership:
To become the absolute owner, the provisional member needs:
Flat owner’s will’s probate or succession certificate of the deceased flat owner.
Alternatively, a “Release Deed” on Rs. 500/- Non-Judicial Stamp paper can transfer ownership without costly court documents.
Consult your society to understand their specific process.
I hope you found this answer helpful.
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How can a Provisional Member Become an Owner of a Property?
Sachin78
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1 Answers
6 months
2024-06-06T18:03:11+00:00 2024-06-06T18:03:12+00:00Comment
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