Hi,
When purchasing a home, an apartment association may impose a transfer fee of Rs. 1 lakh. The appropriateness of this price relies on a number of parameters, including local laws and market standards. Although transfer fees are typical in many apartment buildings, it is important to determine whether the price is appropriate and proportional to the association's services. Reviewing the bylaws of the organisation and comprehending the justification for the transfer fee is important for prospective buyers. If the charge seems high or unreasonable, it can be good to speak with the association about it, ask for clarification, or negotiate a lower fee. Assessing the legality and fairness of the transfer charge may also be aided by contacting a legal counsel or assistance from consumer protection organisations.
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Is the apt association charging a 1L transfer fee while buying an apartment?
venkat
266 Views
1
2 Year
2023-06-16T09:21:58+00:00 2023-06-16T10:43:44+00:00Comment
Share