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UThe cooperative society act mentions 600.
Also, my society has been dealing with the transfer of ownership between mother to son, and they had to pay only 650 as transfer fee.
The rules and model bye laws have defined nominal fees of up to 1000 ..UAgreed . However, the transfer fee that’s being asked is 25000 . No problem in paying it, but online and even chatgpt has highlighted that when transfer of ownership is within family only a nominal fee can be charged.
I feel I m obligated to pay only the nominal fee as I situation is within the norms as far as my knowledge goes
Of course, I’m going to a lawyerUUThat’s the issue they are telling me because transfer is between siblings. Even if a gift deed was executed and zero consideration has been paid, we will treat it as a Sale .UIt’s in marathi
UIt’s in writing as per the rules created by society itself, so if they were to backtrack, i have a pdf of them demanding 25000.
As far as the act is concerned, they say that “we are acting as per the Maharashtra rules and society is demanding only 25000 which is the maximum limit.”Now the problem is those idiots themselves aren’t aware of the rules , so talking to them has resulted moot.
Viewing 12 posts - 1 through 12 (of 12 total)