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Section 5: Particulars to be contained in agreement

The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Rules, 1964State Rules of Maharashtra · 1963

The promoter shall, before accepting any advance payment or deposit, enter into an agreement with the flat purchaser in Form V containing the particulars specified in clause (a) of sub-section (1A) of section 4 and shall attach thereto the copies of the documents specified in clause (b) of the said sub-section (1A)].

4[***] 5[7. Fees to be paid under section 7(2).-Where a dispute is to be referred for decision under sub-section (2) of section 7,

(a) if the dispute is in respect of a single flat, or if the reference is to be made by a single flat purchaser, the fees payable shall be Rs.100;

(b) if the dispute is in respect of more than one but less than ten flats or a common reference is to be made by more than one but less than ten flat purchasers, the fee payable shall be Rs.100 per flat;

(c) if the dispute is in respect of more than ten but less than twenty-five flats or a common reference is to be made by more than ten but less than twenty-five flat purchasers, the fee payable shall be Rs.1,000 in lump sum;

(d) if the dispute is in respect of more than twenty-five flats or a common reference is to be made by more than twenty-five flats purchasers, the fee payable shall be Rs.2,000 in lump sum.

Where this provision sits

ActThe Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Rules, 1964
Section5
Marginal noteParticulars to be contained in agreement
JurisdictionState of Maharashtra
StatusIn force as published by the source

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