This article discussed that under the current WBCS Act 2006 and WBCS Rules 2011, transfer fee or donation cannot be charged.
Read MoreSep, 2015
This article discussed that under the current WBCS Act 2006 and WBCS Rules 2011, transfer fee or donation cannot be charged.
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Today, most developers are selling stilt car parking separately but it is illegal as held by the Supreme Court.
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An apartment or a flat is a self contained housing unit that forms part of a building. Forming apartment owner’s association in West Bengal require legal help from the best property lawyer in West Bengal.
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To transfer property in co-operative society in West Bengal, you need permission of the Society [Rule 131 (3) of the WBCS Rules 2011].
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To register a co-operative housing society in West Bengal, you need at least 8 members under the WBCS Act 2006.
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Hypothecation legally means providing something as collateral for any form of debt. However, although a collateral security is provided the debtor usually does not have to turn over physical custody of the collateral although the lender is “hypothetically” in control of the collateral.
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The implications of incorporating RERA in West Bengal are of significant importance due to the real estate issues faced by homebuyers.
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