Insist on these documents
It is important that the conveyance of the property be obtained in the societys name
Co-operative societies should ensure that they get the following documents from the builder, soon after the society is formed. These should be handed over to the managing committee members by the builder.
Ledger abstract of the property i.e. 7/12 abstract
Order issued by the competent authority as per the provisions of the Urban Land Ceiling Act
Registered Development Agreement executed by the developer with the land owners
Copies of the Power of Attorney given by the owners in favour of the developers along with the copy of the registration receipt
Intimation of disapproval from the Bombay Municipal Corporation Authorities
Occupation Certificate
Building Completion Certificate
Approved plan of the building
Chain of documents through which the vendor acquired the right, title and interest in the property
Non-agricultural assessment order
Non-agricultural tax paid receipts
Title Clearance Certificate from the vendor’s advocate
Search report for the last 30 years with the search fees paid receipts
Original documents of title to the property
Architectural and structural drawing of the property. (This file should include electricity power supply, cables layout, water supply connection, underground tank to overhead pump drawings, sewerage and drainage drawings)
File of deposit receipts like electricity, water and deposits to municipal authorities,
Name and address of all the contractors with the unpaid bills, advance paid to the contractor appointed by the builder whose contracts have not yet expired with regard to the building being managed by the developer till handing over the charge of the affairs of the building. File of various contracts as well as for warranty of various goods like water pump, lift contract,
Separate files for water bills, property tax bills, electricity bills, telephone bills
Co-operative Societies registration files which shall contain various applications, forms, undertakings, bye-laws, details of the bank account opened in the name of the bank
Audited statements of accounts for the amount collected by the builder,
List of incomplete works,
List of parking stilt as well as open parking allotted by builder,