Documentation
DEV
(Querist) 06 November 2012
This query is : Resolved
Dear sirs,
I intend to buy a flat at Bangalore,pl guide me on Documentation from day one to possession and occupation,pl list them as 1 2 3 etc
Devanathan
ajay sethi
(Expert) 06 November 2012
it is advisable for you to consult a local lawyer .
taje 30 years search if its plot of land . let lawyer certify the title is clear and marketable . check the origoinal docuemnts of the property
RAJU O.F.,
(Expert) 07 November 2012
Please consult a local advocate conversant with the property matters, where the property is situated.
Raj Kumar Makkad
(Expert) 15 November 2012
It turns out that if the correct process as required by the law is followed, KAOA registration will flow smoothly. An apartment as defined in Karnataka is a property of a residential nature where the owner owns the apartment and holds a percentage share in the land and common areas and amenities. There are two laws that govern this process in Karnataka.
One is the Karnataka Ownership Flats Act (KOFA) and the other is the KAOA. KOFA regulates the process of promotion, construction, sale, management and transfer of the apartment. KAOA was written with the view to make apartments heritable, transferable and mortgageable and to address aspects related to management of the property.
Study this deeply meant for your case and opt accordingly.