> Government Department – High Difficulty Services > Housing Societies & Builders
Possession handover in stalled projects
Possession handover in stalled projects refers to the formal process where developers transfer the ownership or occupancy rights of a property to buyers once the project resumes or is completed. This ensures that buyers can legally take possession, even if construction was previously delayed or stalled.
Transfer of ownership without full clearance refers to the process of transferring an asset, property, or vehicle to a new owner even when all dues, liabilities, or legal formalities related to it have not been fully settled. This often involves certain risks for both parties and may require special agreements or legal documentation to ensure protection of rights.
A No Objection Certificate (NOC) is an official document issued by a housing society granting permission to a property owner to sell or transfer their property within the society. In restricted societies, where resale is regulated, obtaining an NOC is mandatory to ensure that the buyer meets the society’s eligibility criteria and that the transaction complies with the society’s rules and regulations.
Clearance of pending maintenance dues with disputes
Clearance of pending maintenance dues with disputes involves resolving outstanding payments while addressing any disagreements or claims raised by either party. The process ensures that dues are settled transparently, disputes are fairly evaluated, and both parties reach a mutually acceptable resolution.