If the flat itself is not registered but only the Undivided Share of Land (UDS) is registered, it can lead to several complications:
Potential Issues:
- Legal Ownership: Without the registration of the flat, you may not have clear legal ownership of the property. This can affect your rights and claims over the property.
- Transfer of Property: Transferring the property to another person or selling it might be difficult without proper registration.
- Disputes: In case of disputes or legal issues, the lack of registration can weaken your position and make it harder to prove ownership.
- Financial Implications: Banks and financial institutions may require proper registration of the property for loan approvals or other financial transactions.
Steps to Resolve:
- Consult a Lawyer: Seek legal advice to understand the implications and the best course of action.
- Register the Flat: Work with your lawyer to get the flat properly registered. This may involve submitting the necessary documents and completing the registration process.
- Address Financial Concerns: If the society is using funds improperly, consider raising this issue with the society's management or seeking legal recourse if necessary.
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What if flat is not Registered but UDS Only is Registered?
NITHYA
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2024-12-18T10:21:08+00:00 2024-12-18T10:21:09+00:00Comment
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