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Saturday 13 June 2015

GROUP HOUSING, COMMON EXPENSES, COMMON WALL

WHAT IS GROUP HOUSING?

Group of multistoried housing for more than one dwelling unit where land is owned jointly (as in the case of co-operative societies or the public agencies such as local authorities or housing boards etc) and the construction is undertaken by one Agency/Authority. Or a building or a group of buildings constructed with one or more floors, where each floor consists of one or more dwelling units and having common service facilities like stair-case, lift, balcony, verandah, etc.
WHAT ARE COMMON EXPENSES?

Common expenses means All sums lawfully assessed against apartment owners by the Association of Apartment owners. Expenses of administration, maintenance, repair or replacement of common areas and facilities. Expenses agreed as common expenses by the bye-laws. Expenses declared as common expenses by the provisions of Karnataka Apartment Ownership Act or by the declaration or the bye-laws.
WHAT IS COMMON WALL?
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Common wall means :-
a)A wall built on land belonging to adjoining owners, the wall being the joint property of both the owners.
b)If two adjoining owners build dividing walls on their property, they are not common walls and no part of the footings of either wall shall project on to the land of the adjoining owner, except by legal agreement between the owners.
c)Any such ‘common’ or ‘dividing’ wall shall be considered for the purpose of these bye-laws, as being equivalent to an external wall as far as the thickness and height are concerned.
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1 comment:

  1. thanks for sharing in sequence about real estate. realy i like this blog. because this is very helpful for real estate commerce.


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