*Misleading News - Conveyance Deed cancelled*

*Misleading News - Conveyance Deed cancelled*

Dear Esteemed CHS members ,

The Whtsapp post with caption *Conveyance Deed Cancelled* is viral these days and it's painful to see that rather than creating the awareness , the CHS members are misguided and misled by the incomplete news without having any authenticity or support of the GR, Circular, Notification etc .to that effect.
The CHS members inturn get panic or anxious to know and keep on circulating the same creating more mess and this shows nothing but the lack of knowledge and lack of inclination to gain the correct knowledge .
*👉Beware , that cabinet decision is nothing to do with conveyance or deemed conveyance of the land* and hence conveyance is cancelled is fake and misleading.
👉The land owner has to convey the land in the name of the housing society and the builder/developer has to convey the title of building in the name of CHS and these are the provisions which are there in *MOFA Act and RERA Act* as well..so do not get misguided.
👉 Your *society still has to go for the conveyance* because that is what your object clause says of the Model Bye laws.
👉The *misleading information is circulated to create confusion* and see to it that conveyance which is crucial for a CHS to get ,will not be thought of and postponed by the CHS due to this baseless news, so please do not get misguided.
*👉Conveyance provision is in MOFA Act, it is in MCS Act, it's part of Model Bye laws , RERA Act* and hence if it has to get cancelled then first al these acts needs to be amended .
*👉Conveyance or Deemed Conveyance provision is not cancelled.*

Comments

Popular posts from this blog

Information regarding Share Certificate of Housing Societies

Builder bound to form Society if 51% flats are booked as per MahaRERA

100 POINT SECURITY GUIDELINES TO CITIZENS IN HOUSING SOCIETIES