Deemed conveyance is a legal process that allows a housing society to obtain ownership rights over its land and building when the builder or developer fails to execute the conveyance deed. It helps the society secure its property rights and manage future redevelopment or major repairs more confidently.
A society may need deemed conveyance when the builder delays transferring the property, avoids completing the required legal formalities, or is unavailable to execute the conveyance deed. Without proper conveyance, the society may face difficulties during redevelopment, property transactions, and certain development-related approvals.
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The deemed conveyance process generally involves collecting essential documents, passing a society resolution, preparing the application, and submitting it to the competent authority. The documents may include the society registration certificate, property papers, agreements with flat owners, building plans, and other relevant records.
After reviewing the application and supporting documents, the authority may issue a deemed conveyance order if the legal requirements are satisfied. The society can then complete the conveyance deed registration as required.
To get deemed conveyance for a housing society, the managing committee should first review the available property documents and identify any missing records. Taking help from an experienced property lawyer or deemed conveyance consultant can make the process easier and reduce delays.
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