Tripura Apartment Ownership Act, 19861

The Tripura Apartment Ownership Act, 1986, establishes a legal framework for the ownership of individual apartments within a building. It allows apartment owners to hold, inherit, and transfer their units as distinct immovable property, while clearly defining their rights and obligations regarding common areas like staircases, lobbies, and gardens. The Act mandates the formation of an Association of Apartment Owners to manage the property and enforce bye-laws. It applies specifically to residential properties where the owner formally submits the building to the Act through a registered declaration. This legislation ensures clarity in property rights, maintenance responsibilities, and dispute resolution for apartment dwellers in Tripura.