Section 14: Withdrawal from the provisions of the Act

The Himachal Pradesh Apartment Ownership Act,1978State Act of Himachal Pradesh · Act 41 of 1978

(1) All the apartment owners may withdraw property from the provisions of this Act by an instrument executed to that effect.

(2) Upon the property being withdrawn from the provisions of this Act, it shall be deemed to be owned in common by the apartment owners and the share of each such owner in the property shall be the percentage of undivided interest previously owned by such owner in the common areas and facilities.

(3) Any encumbrance affecting any of the apartments shall be deemed to be transferred in accordance with the existing priority to the percentage of the undivided interest of the apartment owner in the property as provided herein.

Where this provision sits

Act	The Himachal Pradesh Apartment Ownership Act,1978
Section	14
Marginal note	Withdrawal from the provisions of the Act
Jurisdiction	State of Himachal Pradesh
Status	In force as published by the source

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