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Agreement For Sale Of Flat Under Rera

Assuming that a letter of assist contains all the insignia of a contract of sale, (2), the phrase „where applicable“ in section 18(1) of the Act is broad enough to cover even the letter of assist, and (3) RERA is welfare legislation, the court decided that unregistered letters of allowance may be used to obtain remedies under the Real Estate (Regulation & Development) Act, 2016. But if we analyze Sec 13(1) of the RERA Act 2016, which states that an agreement to sell must be registered in accordance with applicable law, it means that an agreement to sell will be registered in accordance with the provisions of the Registration Act 1908. The above view was made by the registrar of MahaRERA in the case of Naim Kamruddin Shaikh and 14 Ors vs JVPD Immobilien Pvt Ltd, with complaint no. CC00600000001358 in the order of 29 December 2017, in which it believed that the allocation securitisation was the first step, followed by the purchase agreement, and it was therefore decided that Section 19 of the RERA Act would not be attracted. Subsections 19(2) and 19(4) of the RERA are useful here to reproduce them: first, some of the orders issued by Maharera held that the complaining buyer was not entitled to file an appeal on the basis of the above-mentioned allocation letter in the absence of a formal registered „contract of sale“. It was found that the exercise of an article 18 claim imposes a „contract of sale“ as a precondition before interest can be granted to the buyer of the dwelling. In assessing Maharera`s above-mentioned view, it would be desirable to take into account the section in question: since the buyers were not satisfied with the Authority`s above-mentioned injunction, they applied to the RERA court in the first appeal. The court decided that a letter of assist featured all the insignia of a „purchase agreement“ and that it was specifically applicable under the law and could not be set aside lightly. . . .