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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.

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Preamble

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Preamble

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

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1NextSection 1 Adapted by the Karnataka Adaptations of Laws Order, 1973 w.e.f. 01.11.1973