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The KARNATAKA OWNERSHIP FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) ACT, 1972.

18 sections · 0 chapters

Preamble
Section 1 Adapted by the Karnataka Adaptations of Laws Order, 1973 w.e.f. 01.11.1973
Section 2 Definitions.- In this Act, unless the context otherwise requires,-
Section 3 General liabilities of promoter.- (1) Notwithstanding anything contained
Section 4 Promoter before accepting advance payment or deposit to enter into
Section 5 Promoter to maintain separate account of sums taken as advance or
Section 6 Responsibility for payment of outgoings till property is transferred.-
Section 7 After plans and specifications are disclosed no alterations or
Section 8 Refund of amount paid with interest for failure to give possession
Section 9 No mortgage etc., to be created without consent of parties after
Section 10 Promoter to take steps for formation of co-operative society or
Section 11 Promoter to convey title, etc., and execute documents, according to
Section 12 General liabilities of a person who takes a flat.- (1) Every person who
Section 13 Manager not to cut off, with-hold, curtail or reduce essential supply
Section 14 Offences by promoter.- Any promoter who, without reasonable excuse,
Section 15 Offences by Companies.- (1) If the person committing an offence under
Section 16 Power to make rules.- (1) The State Government may, subject to the
Section 17 Act to be in addition to Transfer of Property Act and to over-ride
Section 18 Act not to apply to the State Government, Housing Board, etc.-

The KARNATAKA OWNERSHIP FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) ACT, 1972.

General1972Karnataka Act

The KARNATAKA OWNERSHIP FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) ACT, 1972.

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