I bought a Flat from the builder when the buidling was under construction and as per builders agreement it was transfered in my name.
About a year back the building Society was formed but I have not taken the share certificate in my name as yet.
I would like to know if I sell the flat now what are the Society rules regarding transfer of share certificate in buyers name.
a) Can I ask the Society to directly have a share certificate in the name of the buyer after completion of transaction or do I have to issue share certificate in my name and retransfer to buyers name .
b) In case I have to get the share certificate issued in my name and retransfer , is there any min time required to retransfer in buyers name.
Clarification on above would be appreciated.
Regards
