Society Refusing NOC for sale of property
10 months ago
Hi,
I am planning to purchase a property in the same society where I am residing as of today. One of my relative also owns property in the same building in his/her name. Now society has refused to give NOC to the seller claiming that there are pending dues against buyer's relative which needs to be cleared first. There are no des pending against me. Does society has any rights to deny NOC on the ground that there are pending dues against buyers relatives. If not then as a property buyer what legal options do I have?
NOC is required by BANK for loan approval.
A.Dear Client,
A housing society of apartment owners are governed by its bylaws and regulations. NOC can not be issued. against any property of the society against which dues are lying unpaid from its owner, So, the relation does not have any role to play in the subject. The stand of the Society is based on its governing law. In case you need the NOC from the Society for Bank Loan purposes, you may approach the seller to clear his society dues ASAP.
A housing society of apartment owners are governed by its bylaws and regulations. NOC can not be issued. against any property of the society against which dues are lying unpaid from its owner, So, the relation does not have any role to play in the subject. The stand of the Society is based on its governing law. In case you need the NOC from the Society for Bank Loan purposes, you may approach the seller to clear his society dues ASAP.
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