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It is true that registration of residents associations in Bangalore is not easy. According to the resident association members, the KAOA process is extremely complex and intricate.
There are numerous common issues that need to be coordinated when an apartment is built and eventually occupied. These issues range from handover, maintenance and several such issues with the builder.It has been noticed that it is not always essential that a person living on rent needs to pay for the association membership.
Usually, it has been observed that owners form a group, get together and form an association. However, what happens in between is that the whole procedure of registration is not clear. Moreover most residents associations take up based on the information given by a legal expert or someone from their network. Moreover, it has been noticed that this has often raised issues when going in for a loan, (in the second case of a second owner) or in payment of membership fee.
The Section 3 of the Societies Act specifies a variety of type of society that can be registered under the act. It has been noticed that none of them meet up the rules and regulations of a residence association for the residents.
However, at the ground level, those planning to register under the Karnataka Apartment Ownership Act (KAOA) are facing with a many difficulties.
According to the acting treasurer of an apartment stated the Karnataka Apartment Ownership Act was the correct law for them. Moreover, the registration process is extremely difficult and intricate.
Usually given the situation, in Karnataka, residence community has three options under which it can be registered:
Under the KOFA, first option is, a promoter be able to float a company. However, this choice is rarely used.
The second alternative is under the KOFA,a cooperative society promoted. What happens under this is the common area, the land and the building are bestowed with the cooperative society and the ’allottees’ of the apartments are deemed as “tenants’’.
The third choice under the KOFA is when the promoter or builder form an association of owners under the KAOA. Registering according this guideline maintenance charges would be same for the owners and those living in rent.
There are numerous common issues that need to be coordinated when an apartment is built and eventually occupied. These issues range from handover, maintenance and several such issues with the builder.It has been noticed that it is not always essential that a person living on rent needs to pay for the association membership.
Usually, it has been observed that owners form a group, get together and form an association. However, what happens in between is that the whole procedure of registration is not clear. Moreover most residents associations take up based on the information given by a legal expert or someone from their network. Moreover, it has been noticed that this has often raised issues when going in for a loan, (in the second case of a second owner) or in payment of membership fee.
The Section 3 of the Societies Act specifies a variety of type of society that can be registered under the act. It has been noticed that none of them meet up the rules and regulations of a residence association for the residents.
However, at the ground level, those planning to register under the Karnataka Apartment Ownership Act (KAOA) are facing with a many difficulties.
According to the acting treasurer of an apartment stated the Karnataka Apartment Ownership Act was the correct law for them. Moreover, the registration process is extremely difficult and intricate.
Usually given the situation, in Karnataka, residence community has three options under which it can be registered:
Under the KOFA, first option is, a promoter be able to float a company. However, this choice is rarely used.
The second alternative is under the KOFA,a cooperative society promoted. What happens under this is the common area, the land and the building are bestowed with the cooperative society and the ’allottees’ of the apartments are deemed as “tenants’’.
The third choice under the KOFA is when the promoter or builder form an association of owners under the KAOA. Registering according this guideline maintenance charges would be same for the owners and those living in rent.
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