An apartment association can be formed under the Societies Registration Act / Apartment Association Act or some local legislation in different cities. Only a registered apartment association can form rules and byelaws which every resident in the building must adhere to.
*Enforcement of law becomes the duty of the association thus maintaining discipline and ensuring
harmony within the society. Hence, the apartment complex becomes safe and secure for the
*The association has the right to charge interest and penalty if any member fails to pay the maintenance charges. It can sue the defaulting member and initiate legal action for recovery of any outstanding dues.
*The association can also take legal action against members who commit any offence like forging or cause any loss to the association. A registered apartment association must maintain proceeding reports which ensures transparency and smooth functioning of the society. So, the documents are available for reference even if one or more owners in the building move out.
*Moreover, information - also mentioned in the Deed of Declaration - such as the details of common facilities, and the ownership scheme is recorded for future use in case of legal issues.
An Apartment Owners Association is formed with a minimum number of seven individuals, unanimously elected by residents of the society, following which the representatives fill and submit a memorandum.
Proposal letter addressed to the Registrar of Societies, signed by all executive committee members to be submitted along with “Memorandum of association” and all other forms duly filled.
A Memorandum of association (name of the society, objectives, names and addresses/occupation of members, byelaws has to be prepared. The byelaws to adhere to the Society Registration laws. On any dispute in society bye law, the description on society registration act will be final and binding.
We provide full fledged consultancy for registering a residential society. We prepare Memorandum of association, byelaw for society and all other documents as required by the Registrar of Societies. We assist in filing the application to ROS and getting it registered. We also support in submitting the yearly documents to ROS, AGM proceedings at nominal cost. Write to us at firstname.lastname@example.org or call 9500144477.