Is the clause in the development agreement?
2 years ago
W e are negotiating to redevelop our 36 years old building. Presently only 6 apts in building. Four members are owner of the top terrace. This is mentioned in their agreement/sale deed. They are demanding to continue this ownership right or compensate in carpet area or some other way to protect ownership. These four owners have also ready to consent for use of terrace by the residents in new building. New building will have 12 Apts.
A.Hi,
As long as the clause does not hamper the free use of the property of any other person then it is not illegal. The division of the property of a flat and building can have different clauses according to the agreement before the completion of the building and there is no bar to the same.
Thank you. Kindly rate the answer
As long as the clause does not hamper the free use of the property of any other person then it is not illegal. The division of the property of a flat and building can have different clauses according to the agreement before the completion of the building and there is no bar to the same.
Thank you. Kindly rate the answer
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
You will have to negotiate the terms of the agreement with the builder and all the stakeholders together, and reach a consensus. You will also have to take the advice of the local lawyer, who is apt in dealing with such related matters, as it requires knowledge of the local laws.
If you like my answer, please rate me.
You will have to negotiate the terms of the agreement with the builder and all the stakeholders together, and reach a consensus. You will also have to take the advice of the local lawyer, who is apt in dealing with such related matters, as it requires knowledge of the local laws.
If you like my answer, please rate me.
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Pardeep Kumar Dhiman Dhiman
Responded 2 years ago
A.Dekhiye aap ko ek aise advocate se contact karna hoga jo aap ke idhar ke kanoon ke baare me jankari rakhta ho. Kyonki aap ke kathanusar kuch conditions ki baat ki gai hai. Ki kya aap ke yahan par koi conditions lagu hoti hai ya nhi .aap ko advocate jo aap ke sahar ke ho vo sahi parkar se guide kar sakta hai.
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A.Dear Sir,
You may discuss the matter with local legal experts and negotiate the terms with the developers. If terms are not feasible then switch over to another developer. You may better approach local lawyer who is aware of local laws.
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You may discuss the matter with local legal experts and negotiate the terms with the developers. If terms are not feasible then switch over to another developer. You may better approach local lawyer who is aware of local laws.
Rate me Five Star*
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