How right is transferred in case of sale of flat/apartment?


Lekha Lekha
Answered on December 10,2019

Sale of flat/apartment is as simple as any other sale transaction. A purchaser acquiring rights may register sale deed in office of the Sub Registrar. Purchasers of flats/apartments may note following small difference in transfer of flat/apartment as compared to that of transfer of site, house. Ownership of flat/apartment comprises of the following rights namely,- a) Undivided interest in land; b) Carpet area of flat/apartment and c) Proportionate share in common area.


 
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