DECLARATION of APARTMENT CONDOMINIUM

Under the Agreement for Sale the Developers has the option to set up the apartment buyers’ organisation of its choice. In the event the Developers opt for the formation of Condominium of Apartments Buyers then the Final Conveyance is in the form of Apartment Deed made in furtherance of Apartment Declaration under Apartment Ownership enactment.

By Apartment Declaration the land owner himself/herself or through his/her duly constituted attorney submits the land with building containing the apartments to the provisions of the Apartment enactment and thus brings into existence the Condominium of Apartments Owners alongwith the rules and byelaws of building governance and management.

Declaration of Apartment Condominium is required to be registered under the provisions of the Registration law.

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