Conveyance of a Property is transferring the Rights, Title and Ownership of the Property from the Seller to the Purchaser. In case of a Co- Operative Housing Society (formed by the Flat Purchasers/ Owners under the provisions of Maharashtra Co- Operative Societies Act, 1960), Conveyance is transferring the Rights, Title, Interest and Ownership of the Land and Building from the Land Owner/ Property Developer to the Co- Operative Housing Society. The Conveyance is to be executed by way of Conveyance Deed between the Land Owners & the Co- Operative Housing Society where the Property Developer is the Confirming Party. This Conveyance Deed is used in Adjudicated & properly Stamped as per the Bombay Stamp Act, 1958 & thereafter Registered as per the Registration Act, 1908.Advocate Minal Khona is Society Conveyance Lawyer In Navi Mumbai.
The Title of the property is fully and finally recorded in the Property Card and other Revenue Records then only the Co- Operative Society becomes absolute owner of the Property & the Title of the Co- Operative Society becomes completely free and marketable.
Recent Comments