Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 1963
Bare Act · 1963
- Act number
- 45 of 1963
- Enacted
- 16 December 1963
- Contents
- 27 sections
The first 5 sections are free to read. Sign in free to read the rest.
Contents
- Section 1 – Short title, extent and commencement
- Section 2 – Definitions
- Section 3 – General liabilities of promoter
- Section 4 – Promoter before accepting advance payment or deposit to enter into agreement and agreement to be registered
- Section 4A – Effect of non-registration of agreement required to be registered under section 4
- Section 5 – Promoter to maintain separate account of sums taken as advance or deposit and to be trustee therefor and disburse them for purposes for which given (preview)
- Section 5A – Competent Authority (preview)
- Section 6 – Responsibility for payment of outgoings till property is transferred (preview)
- Section 7 – After plans and specifications are disclosed no alterations or additions without consent of persons who have agreed to take the flats; and defects noticed within three years to be rectified (preview)
- Section 7A – Removal of doubt (preview)
- Section 8 – Refund of amount paid with interest for failure to give possession within specified time or further time allowed (preview)
- Section 9 – No mortgage, etc., to be created without consent of parties after execution of agreement for sale (preview)
- Section 10 – Promoter to take steps for formation of co-operative society or company (preview)
- Section 11 – Promoter to convey title, etc., and execute documents, according to agreement (preview)
- Section 12 – General liabilities of flat-taker (preview)
- Section 12A – Manager not to cut off, withheld, curtail or reduce essential supply or service (preview)
- Section 13 – Offences by promoters and consequences on conviction (preview)
- Section 13A – Power of Magistrate to pass sentences under this Act (preview)
- Section 13B – Competent Authority to be public servant (preview)
- Section 13C – Proceedings before Competent Authority to be judicial proceedings (preview)
- Section 13D – Competent Authority deemed to be Civil Court for certain purposes (preview)
- Section 13E – Indemnity for acts done in good faith (preview)
- Section 14 – Offences by companies (preview)
- Section 15 – Power to make rules (preview)
- Section 16 – Act to be in addition to Transfer of Property Act and to over-ride contract to the contrary (preview)
- Section 17 – Application of certain provisions to flats already in existence (preview)
- Section 18 – Act not to apply to Housing and Area Development Authority and Boards (preview)