Formation of Apartment Owners Association In Bangalore

Are you an apartment owner in Bangalore looking to form an Apartment Owners Association (AOA)? An AOA is a legal entity that represents the interests of apartment owners in a particular complex. In this blog, we'll discuss the steps involved in forming an Apartment Owners Association in Bangalore. Step 1: Identify interested apartment owners The first step in forming an Apartment Owners Association is to identify other apartment owners who are interested in forming an association. A minimum of seven apartment owners is required to form an AOA. Once you have a group of interested owners, hold a meeting to discuss the objectives, rules, and regulations of the association. Step 2: Draft the Memorandum of Association (MOA) and Articles of Association (AOA) The next step is to draft the MOA and AOA. The MOA is a legal document that defines the association's objectives and purpose, while the AOA outlines the association's internal governance structure and operating procedures. You can hire a lawyer to draft these documents or create them yourselves using online templates. Step 3: Obtain No Objection Certificate (NOC) from the builder/promoter The builder/promoter of your apartment complex needs to provide a NOC to register your association. The NOC should state that the promoter has no objection to the formation of the association and that they will hand over the necessary documents, such as the building plan and completion certificate, to the association.

Step 4: Get the documents ready To register your association, you will need to submit the following documents:

• The MOA and AOA
• The NOC from the builder/promoter
• The list of apartment owners who are members of the association
• A copy of the building plan and completion certificate
• Proof of ownership of the apartments by the members

  Step 5: Submit the documents Submit the documents to the Registrar of Apartment Owners Association (RAOA) office in your jurisdiction. You may also be required to pay a registration fee based on the number of apartment units in your complex.

  Step 6: Await approval The RAOA will review your application and may request additional documents or information. Once your application is approved, you will receive a registration certificate, and your association will be recognized under the Karnataka Apartment Ownership Act, 1972.

  Benefits of forming an AOA

  • An AOA can represent the collective interests of apartment owners, including maintenance and repair issues, security, and other concerns.
  • The AOA can enter into contracts, sue or be sued, and own property in the name of the association.
  • The AOA can levy maintenance charges, which are used for the upkeep of the common areas of the complex.
  • The AOA can establish rules and regulations for the complex, including parking regulations, pet policies, and more.

  In conclusion, forming an AOA in Bangalore can be beneficial for apartment owners who want to work together to address issues related to their complex. By following the above steps, you can form a legally recognized AOA that can work towards the collective interests of its members.