The Maharashtra Ownership Flats (Regulation of the promotion of construction, sale, management and transfer) Act, 1963
maharashtra · 1963
- S. 1Short title, extent and commencement.
- S. 2Definitions.
- S. 3General liabilities of promoter.
- S. 4Promoter before accepting advance payment or deposit to enter into agreement and agreement to be registered.
- S. 4AEffect of non-registration of agreement required to be registered under section 4.
- S. 5Promoter to maintain separate account of sums taken as advance or deposit and to be trustee therefor and disburse them for purposes for which given.
- S. 5ACompetent Authority.
- S. 6Responsibility for payment of outgoings till property is transferred.
- S. 7After plans and specifications are disclosed no alterations or additions without consent of persons who have agreed to take the flats; and defects noticed within three years to be rectified.
- S. 7ARemoval of doubt.
- S. 8Refund of amount paid with interest for failure to give possession within specified time or further time allowed.
- S. 9No mortgage, etc., to be created without consent of parties after execution of agreement for sale.
- S. 10Promoter to take steps for formation of co-operative society or company.
- S. 11Promoter to convey title, etc., and execute documents, according to agreement.
- S. 12General liabilities of flat-taker.
- S. 12AManager not to cut off, withheld, curtail or reduce essential supply or service.
- S. 13Offences by promoters and consequences on conviction.
- S. 13APower of Magistrate to pass sentences under this Act.
- S. 13BCompetent Authority to be public servant.
- S. 13CProceedings before Competent Authority to be judicial proceedings.
- S. 13DCompetent Authority deemed to be Civil Court for certain purposes.
- S. 13EIndemnity for acts done in good faith.
- S. 14Offences by companies.
- S. 15Power to make rules.
- S. 16Act to be in addition to Transfer of Property Act and to over-ride contract to the contrary.
- S. 17Application of certain provisions to flats already in existence.
- S. 18Act not to apply to Housing and Area Development Authority and Boards.