Provision of MOFA Act
sanjiv
(Querist) 16 March 2011
This query is : Open
Maharashtra Ownership Flat Act
what is the provision under the MOFA act, when a flat is sold and the agreement is under MOFA act, does the developer or the builder sells the flat only or it is along with the land under it.
Do the buyer of the flat has the right over the ownership of the land to the extent of area of his agreement of purchase,
Can the developer or the owner of the land retain the ownership of the land and can sell only the flat.
What does the sale agreement on ownership basis means under the provision of 'MOFA'
When the flat is purchased does the TDR or the additional FSI belongs to owner of the land, developer or with the purchaser of the flat.
