The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963
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Section No.
Particulars
1
Short title, extent and commencement
2
Definitions
3
General liabilities of promoter
4
Promoter before accepting advance payment or deposit to enter into agreement and agreement to be registered
4A
Effect of non-registration of agreement required to be registered under section 4
5
Promoter to maintain separate account of sums taken as advance or deposit and to be trustee therefor and disburse them for purposes for which given
5A
Competent Authority
6
Responsibility for payment of outgoings till property is transferred
7
After plans and specifications are disclosed no alteration or additions without consent of persons who have agreed to take the flats; and defects noticed within three years to be rectified
7A
Removal of doubt
8
Refund of amount paid with interest for failure to give possession within specified time or further time allowed
9
No mortgage, etc., to be created without consent of parties after execution of agreement for sale
10
Promoter to take steps for formation of co-operative society or comp any
11
Promoter to convey title, etc., and execute documents, according to agreement
12
General liabilities of flat-taker
12A
Manager not to cut off, withheld, curtail or reduce essential supply or service
13
Offences by promoters and consequences on conviction
13A
Power of Magistrate to pass sentences under this Act
13B
Competent Authority to be public servant
13C
Proceedings before Competent Authority to be judicial proceedings
13D
Competent Authority deemed to be Civil Court for certain purposes
13E
Indemnity for acts done in good faith
14
Offences by companies
15
Power to make rules
16
Act to be in addition to Transfer of Property Act and to over ride contract to the contrary
17
Application of certain provisions to flats already in existence
18
Act not to apply to Housing and Area Development Authority and Boards
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