Legal Fraud or Ownership Rights? Deemed Conveyance Explained
The concept of deemed conveyance under the Maharashtra Ownership Flats Act (MOFA), 1963, allows housing societies to gain legal ownership of land when builders fail to execute the conveyance deed. This process is crucial for mitigating issues stemming from non-compliance, enabling societies to have control over property and redevelopment despite the complexities of leasehold and fraudulent practices.
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