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Deed of declaration

(Querist) 24 August 2017 This query is : Resolved 
Can a deed of declaration b executed by the apartment owners,in absence of builder if he has failed to do it for long!
Ms.Usha Kapoor (Expert) 24 August 2017
Yes! Deed of Declaration can be executed by apartment owners Association if the builder fail;ed to execute it for long.
Ms.Usha Kapoor (Expert) 24 August 2017
If you appreciate the above answer p0lease click the like button.
Rajendra K Goyal (Expert) 24 August 2017
Academic query.

State material facts of the problem if any.

How are you concerned / related with the query?

Looks like examination question.

Dr J C Vashista (Expert) 25 August 2017
No, deed of declaration has to be submitted mandatorily by the Builder and Builder only under the provisions of Societies Registration Act, 1860.
Dr J C Vashista (Expert) 25 August 2017
Otherwise, I agree with expert analyses of Mr. Rajendra K Goyal it is an academic question paper.
Rajendra K Goyal (Expert) 25 August 2017
Thanks expert J.C. Vashishta ji for agreeing with me,
Dr J C Vashista (Expert) 26 August 2017
You are most welcome Rajendra K Goyal ji.
bhaskar (Querist) 04 September 2017
Sorry for replying late. I am looking forward to buying a apartment. The apartment deed is done but the deed of declaration is pending. The builder is in deed financial crisis and almost absconding. So not available to do a deed of declaration. That's why the question. Form I has learned that apartments can on their own do the deed of declaration which is equivalent to the conveyance!


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