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Co-operative Society cannot Charge Fee or Raise Donation to Approve Transfer of Property

According to the latest update in the FAQs by the Department of Cooperation, the cooperative housing society cannot charge any fee or donation for transfer of membership from the transferor/member.

This is the latest update from the previous position, where, the society could charge upto 0.5% of the sale value in terms order no. 2522 dated 23.6.2003 of the Cooperation Department.

However, according to the latest update, it is evident that the society cannot charge anything extra and if they do, then the member/transferor or transferee must immediately bring this to the notice of the Registrar.

Please check more details herehttp://coopwb.org/faqs.php

23 replies on “Co-operative Society cannot Charge Fee or Raise Donation to Approve Transfer of Property”

Is there any circular issued by WB Government withdrawing provision regarding transfer fee by housing co-operatives?

can bank loan be availed for purchase of shares in housing co-operative society and what will be the basis for loan whether it is purchase value at the time of allotment of shares of the present market value of the property.

I am a member of a coop.housing society(8 members).The building is being constructed.I have proposed some internal changes in the location on the same side of the kitchen,bathroom,& living/drawing space without changing the windows.They are objecting due to change in the exhaust location,(which will change the orientation),location of pipes&positional change.It has been O.K. with the arcitect since it does go against the building rules as regards load & elevation.They are not allowing me togo ahead.

I am a member of a coop.housing society(8 members).The building is being constructed.I have proposed some internal changes in the location (on the same side )of the kitchen,bathroom,& living/drawing space without changing the windows.They are objecting due to change in the exhaust location,(which will change the orientation),location of pipes&positional change.It has been O.K. with the arcitect since it does go against the building rules as regards load & elevation& C.C.They are not allowing me togo ahead.plz advise

I am a member of a registered Co operative housing society. As at the time of recieving the flat I was working in Jharkhand I kept my flat locked for sometime. Later it was rented out with the permission of the Cooperative who agreed provided I pay 3 times maintenance charge. I agreed and gave the flat on rent. Now they asking Rs 30000/-( thirty thousand) per annum as they have increased non rented flat maintenance to Rs 10000 (Ten thousand) per annum. As I am a retired person it is not possible now to pay such amount. I verbally requested them to reconsider the amount which they did not do.
Now I want to know what does the law says. Pl guide me so that I can talk to the managing committee for reconsideration.
Thanks and regards.

Sir, We are owning a plot in a land based Co-operative Society in Kolkata having 240 members. Most of the members have build their house. Majority are Senior citizens are unable to run the co-operative. Members feel the co-operative should be dissolved now and handed over to KMC. How to dissolve the co-operative ? Shall be grateful if you let us know the same .

Myself and my father-in-law have two separate flats (registered) in the same cooperative society. My father-in-law made my wife as the only nominee for his flat in the society. My father-in-law died very recently. Now my wife wants to apply for the membership of the society and inherit the flat as nominee. In that case myself and my wife will own two flats in the same society. Does it violate the clause that members of the same family can not own flats in the same (or in the same area) cooperative society? But she is getting it by inheritance by virtue of nomination. Please comment and advice. How to write her affidavit (regarding the clause of same family members) while applying for her membership in the society?

On the demise of joint member what are documents to be submitted by the surviving joint member to be admitted as a member of a Society under W B state coop soc .act ?

I am planning to buy a 3 bhk flat (Approx 1100 Sq Ft) in co operative society in salt lake, currently I am having 850 sq ft 2 BHK flat in Barrackpore. Can I buy it ? Is Barrackpore is within KMAH ?

As per Notification no.2522-Coop dated 23.06.2003 of the Govt. of W.B who will pay the Transfer fee/donation @ 0.5% of the sale value of the concerned Flat Transferor or Transferee ?

Sir,
I have purchased a flat from a member. Co-operative have taken
@0.5% transfer fees on flat sale value asper notice no.2522 in the year 2013.
In this position who will pay transfer fees of@ 0.5% and co operative can claim that percentage asper rule.
Thanking you.

Can a person who has bought a flat in a cooperative society but not registered it, become a member of the society

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