Vidhi Codex

THE PUNJAB APARTMENT OWNERSHIP ACT, 1995

The Punjab Apartment Ownership Act, 1995

General199538 sections

The Punjab Apartment Ownership Act, 1995 establishes a legal framework for individual ownership of apartments and the management of shared facilities in residential and commercial buildings across Punjab. It applies to apartment buyers, property promoters, developers, and residents' associations. The law gives buyers exclusive legal title to their individual units along with an undivided, non-partitionable share in common areas like staircases and lifts. It mandates the compulsory execution and registration of conveyance deeds, obligates promoters to hand over maintenance responsibilities to elected apartment owners' associations, and sets up a competent authority to settle disputes and enforce compliance, ensuring clear ownership rights and orderly building management.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement
  2. 2. Application
  3. 3. Definitions
  4. 4. Ownership of apartments
  5. 5. Common areas and facilities
  6. 6. Apartment to be heritable and transferable
  7. 7. Ownership of apartment subject to conditions
  8. 8. Compliance with covenants and bye-laws
  9. 9. Purchasers of lessees to execute undertaking
  10. 10. Benamidar to be deemed real owner
  11. 11. Certain works prohibited
  12. 12. Sub-lease and its Breach
  13. 13. Encumbrances against apartments.
  14. 14. Conveyance deed of apartment.
  15. 15. Enforcement of transfer.
  16. 16. Registration of conveyance deed of apartment.
  17. 17. Formation of association.
  18. 18. Co-operative society as association.
  19. 19. Powers and functions of an association.
  20. 20. Bye-laws.
  21. 21. Disposition of property on destruction or damage.
  22. 22. Action.
  23. 23. Control and supersession.
  24. 24. Common profits, Common expenses and other matters.
  25. 25. No waiver of liability.
  26. 26. Common expenses a charge.
  27. 27. Liability on transfer, etc.
  28. 28. Liabilities under other laws.
  29. 29. Recovery.
  30. 30. Recovery of taxes.
  31. 31. Insurance.
  32. 32. Powers and duties of the competent authority.
  33. 33. Appellate authority and appeals.
  34. 34. Revision.
  35. 35. Bar of jurisdiction.
  36. 36. Act binding on apartment owners etc.
  37. 37. Penalty for breach.
  38. 38. Power to make rules.

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