Fizzy Homes Forum › Forums › Real Estate › The apartment owners association wants to impose a fee when a member sells his flat. Is it legal? › Murli Das
June 19, 2019 at 10:57 am
#1205
fizzyhomes_admin
Keymaster
The fee that an apartment owners association can charge when the member sells his flat is called Transfer fee. But when the apartment owners association will provide you with the NOC ( No Objection Certificate) then you do not have to pay the transfer fee. Before you sell the flat all the pending dues should be paid but if there are any pending dues then the apartment owners association cannot provide you with NOC.