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Home / Documentation / In our apartment all the individual flats are sold , and association is formed. As ours is OC project, all the individual flats got their own khatas and each got their own UDS share of the property. My doubt is , do we need to transfer the land of the apartment to association name?
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In our apartment all the individual flats are sold , and association is formed. As ours is OC project, all the individual flats got their own khatas and each got their own UDS share of the property. My doubt is , do we need to transfer the land of the apartment to association name?

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Bangalore
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0 2024-12-05T13:48:13+00:00
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Yes, it is generally recommended to transfer the land of the apartment to the association's name after the project has received an Occupancy Certificate (OC) and all individual flats have been sold. This ensures that the association has legal ownership of the common areas and facilities, which is important for maintenance and management purposes.

Transferring the land to the association's name also helps in avoiding any future disputes and ensures that the association can take collective decisions regarding the property.

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Advocate Apurva

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