{"id":3253,"date":"2021-10-09T13:26:36","date_gmt":"2021-10-09T13:26:36","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=3253"},"modified":"2021-10-09T13:26:40","modified_gmt":"2021-10-09T13:26:40","slug":"all-you-need-to-know-about-the-apartment-act","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/all-you-need-to-know-about-the-apartment-act\/","title":{"rendered":"All you need to know about the apartment act"},"content":{"rendered":"\n<p><em>Published on 19th February 1971 in the Maharashtra Government Gazette, the Maharashtra Apartment Ownership Act has an aim to provide for the ownership of an apartment. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>This apartment act only applies to real estate and helps to make it transferable and heritable property. In order to avail of the act, the owners of the real estate apartment should submit a declaration that is registered and executed.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/all-you-need-to-know-about-the-apartment-act\/#Section_5_%E2%80%93_ownership_of_apartments\" title=\"Section 5 &#8211; ownership of apartments\">Section 5 &#8211; ownership of apartments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/all-you-need-to-know-about-the-apartment-act\/#Section_6_%E2%80%93_common_areas_and_facilities\" title=\"Section 6 &#8211; common areas and facilities\">Section 6 &#8211; common areas and facilities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/all-you-need-to-know-about-the-apartment-act\/#Section_6a_%E2%80%93_redevelopment_of_apartments\" title=\"Section 6a &#8211; redevelopment of apartments\">Section 6a &#8211; redevelopment of apartments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.propertypistol.com\/blog\/all-you-need-to-know-about-the-apartment-act\/#What_is_the_meaning_of_the_apartment_for_the_people_associated_with_it\" title=\"What is the meaning of the apartment for the people associated with it?\">What is the meaning of the apartment for the people associated with it?<\/a><\/li><\/ul><\/nav><\/div>\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Section_5_%E2%80%93_ownership_of_apartments\"><\/span><strong>Section 5 &#8211; ownership of apartments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Section 5 of the Apartment Act states that the owner of the real estate should be entitled to exclusive possession or ownership of their apartment with a declaration which shall be registered and executed according to the act of Section 2. The owner can execute the Deed of Apartment in the manner that is prescribed.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Section_6_%E2%80%93_common_areas_and_facilities\"><\/span><strong>Section 6 &#8211; common areas and facilities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Section 6 of the Apartment Act states that the owner of the apartment is entitled to the facilities and common areas of the real estate. According to the section, the owner is restricted to carry out any division or partition of this common area. This is only possible if the property has been removed from the provisions of Section 6.<\/p>\n\n\n\n<p>As per the declaration, the apartment owner is entitled to an undivided interest in the facilities and common area.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Section_6a_%E2%80%93_redevelopment_of_apartments\"><\/span><strong>Section 6a &#8211; redevelopment of apartments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>According to Section 6a of the<strong> <\/strong>Apartment Act, the work related to the redevelopment of a certain flat or apartment can be carried out if the majority of the owners have agreed to this. This means that if the majority of the owners residing in the building have agreed on this, the redevelopment can be carried out.&nbsp;However, if the building has completed 30 years and if the planning authority renders the building as dangerous or unfit to reside as it is likely to fall, then it is mandatory for the owners to commence the redevelopment.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_meaning_of_the_apartment_for_the_people_associated_with_it\"><\/span><strong>What is the meaning of the apartment for the people associated with it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>According to the Apartment Act, the owner can form an association with other apartment owners and also gives complete ownership of the apartment to the real estate owner. The real estate owners living in the building are legally protected if disputes arise due to any conflict. In such cases, the disputes shall be governed by the civil jurisdiction of the law.&nbsp;<\/p>\n\n\n\n<p>The Apartment Act of Maharashtra enables the real estate owners to be completely entitled to their apartments which have an equal share of the facilities and common area. The act also entrusts the apartment owners with the responsibility of ensuring the welfare of the citizens of the concerned building. The apartments are heritable and can be transferred.&nbsp;<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published on 19th February 1971 in the Maharashtra Government Gazette, the Maharashtra Apartment Ownership Act has an aim to provide for the ownership of an apartment.<\/p>\n","protected":false},"author":2,"featured_media":3272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[69],"tags":[147],"class_list":["post-3253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-realty-guide-news","tag-legal","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>All you need to know about the apartment act - Real Estate Sector Latest News, Updates &amp; 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