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Apartment Owners Association Registration Online

Apartment Owners Association Registration

Apartment Owners Association (AOA) represents the interests and protects the rights of the property owners. It’s also liable for providing valuable services like maintenance of common areas, enforcing society regulations and dealing towards the residents’ welfare through special initiatives or events. As an arbitrator, the AOA is additionally authorised to settle disputes, and protect its members, and defend any legal case filed against the association. For instance, the apartment association can take a developer to task and file a case to hunt compensation for losses caused to poor construction. However, to execute this, the association must be registered. In 2017, The National Consumer Disputes Redressal Commission (NCDRC) declared that only registered residents’ welfare associations (RWAs), consumer organisations, cooperative societies or association of flat or plot buyers can file complaints against builders within the commission. Legally speaking, a recognised consumer association is any voluntary consumer association registered under the businesses Act, 1956 or the other law for the nonce effective.

Apartment Association Registration Bangalore

Benefits of Registering AOA

An apartment association are often formed under the Societies Registration Act – 1960 and Apartment Association Act or some local legislation in several cities. Only a registered apartment association can function as an arbitrator for resolution of any dispute. Such associations form rules and bye-laws which each resident within the building must adhere to. However, co-dwelling may produce to conflicts among the residents or there could also be issues either between residents and therefore the managing committee or within the managing committee. In such cases:

 

  • The association will take suitable action against residents who violate the principles of the society. this might include instances where a resident is utilising the residential space for commercial purposes or has differences together with his or her neighbour on parking spaces, late-night partying, etc.
  • Enforcement of law becomes the duty of the association thus maintaining discipline and ensuring harmony within the society. Hence, the apartment complex becomes safe and secure for the residents.
  • The association has the proper to charge interest and penalty if any member fails to pay the upkeep charges. It can sue the defaulting member and initiate action for recovery of any outstanding dues.
  • The association also can take action against members who commit any offence like forging or cause any loss to the association. A registered apartment association must maintain proceeding reports which ensures transparency and smooth functioning of the society. So, the documents are available for reference albeit one or more owners within the building move out.
  • Moreover, information – also mentioned within the Deed of Declaration – like the small print of common facilities, and therefore the ownership scheme is recorded for future use just in case of legal issues.
  • Furthermore, a registered apartment association finds it easy with reference to executing tax formalities or bank operations – say opening an account.
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Register Your Apartment Association Registration In Bangalore & Hyderabad

Connect with Experienced Advocates To Process

  • What is Apartment Owners Association?
  • How do I dissolve my apartment association?
  • Is it mandatory to register Apartment Owners Association?
  • How do I dissolve my apartment association?
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