THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Section 25 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Competent Authority and its functions (1) The StateGovernment shall, by notification in the Official Gazette, authorizeany officer or authority to perform all or any of the functions of theCompetent Authority under this Act and different officers orauthorities may be authorized for different areas.(2) The Competent Authority may, on an application madeto it,-(i) approve the percentage […]

Section 22 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Separate assessments Notwithstanding anything to the contrary contained in any law relating to local authorities, eachapartment and its percentage of undivided interest in the commonareas and facilities appurtenant to such apartment shall be deemedto be separate property for the purpose of assessment of tax onlands and buildings leviable under such law and shall be assessedand

Section 20 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Promoter to render account to the Association Every promoter shall render an account to the Association for the amount collected by him, from the apartment owners before the formation of the Association, towards common expenses, sinking fund for replacement of fixed assets and payment of State Government and municipal taxes and shall transfer the balance,

Section 19 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Common profits, common expenses and other matters (1) The common profits of the property shall bedistributed among, and the common expenses shall be charged to,the apartment owners according to the percentage of the undividedinterest of the apartment owners in the common areas andfacilities.(2) Where the apartment owner is not himself in theoccupation of the apartment