Apartment maintenance

ravindran sankaran (Querist) 27 March 2012 This query is : Open
The builder at the time of sale of an property collects maintenance charge for 12 months in advance at particular rate and says if there is an excess it will be passed on to the purchaser.

the builder completes his maintenance.
Is the Association formed well within rights to know the details of the maintenance spent and seek the balance left with the builder to be transferred to their account?
There is no mention of any maintenance contract in the sale agreement except a provision to charge the over runs and very descriptively deals with sharing of common expenses .
What does apartment owners law say?

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