Registration of parking space in an apartment complex
sukumar
(Querist) 30 July 2013
This query is : Resolved
I live in a residential complex and the association managing the residential is planning to sell some closed areas as parking lots to owners.
Does the law allow the association to sell and enter into agreement with the buyer and whether the buyer can resell the same.
If the association can sell what should be the document to be prepared, as after the election, once new office bearers are elected can they cancel the sale agreement
Nadeem Qureshi
(Expert) 30 July 2013
Dear Querist
its depend on the Bye-laws of association,
sukumar
(Querist) 30 July 2013
Thanks for the quick revert. Does the law permit such sale procedures in chennai
Raj Kumar Makkad
(Expert) 01 August 2013
Such sale is not permitted even though bye-laws of the association permit it.