Society transfer fee

Querist : Anonymous (Querist) 15 July 2021 This query is : Resolved
Hello sir,

I have purchase home from my elder brother in 2014, now society chairman ask to pay transfer fee. With panelty .

My query is this property sold in near blood relation , so I am liable to pay transfer fee ? If yes then a how moch and no than what should I do to get share certi on my name from office .

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You purchased a home from your elder brother in 2014 and the society chairman is now asking for a transfer fee and penalty. Generally, for properties transferred between close blood relations, transfer fees might be nominal or waived. However, specific rules depend on the society's bylaws and the state where the property is located. In Ahmedabad, a nominal fee of Rs. 500/- is usually applicable for transfers. You should request the society chairman to provide the authority under which these charges are levied and proceed with obtaining a No Objection Certificate (NOC) and submitting a membership application form to get the share certificate transferred to your name.

Dr J C Vashista (Expert) 15 July 2021
Where is the property located i.e., the State (Andhra / Maharashtra / Delhi etc) as local laws differ from state to state.
In Delhi transfer fees of Rs. 500/- + share of 100/- + 10/- administrative charges can be collected when a purchaser apply for membership in the cooperative housing society.
Consult a local lawyer for better appreciation of facts and professional advise.

Querist : Anonymous (Querist) 15 July 2021
Thanks sir ,

For your reply ,

This property located in Ahmedabad,

SHIRISH PAWAR, 7738990900 (Expert) 15 July 2021
Hello,

You have to pay nominal transfer fees of Rs. 500/-. For transferring share certificate you have to get transfer NOC and submit the membership application form to society.

P. Venu (Expert) 15 July 2021
You may request him to inform you the authority under which the transfer fee and penalty is sought. What is the law under which Society is registered?

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