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  4. Section 13

TA Act

Overview
  • 1Short title, extent and commencement
  • 2Application of the Act
  • 3Definitions
  • 4General Liabilities of Promoters
  • 5Agreement to precede advance payment
  • 6No alterations after disclosure of plans etc
  • 7Prometer to convey title according to agreement
  • 8An apartment to be transferable and heritable property
  • 9Common areas and facilities
  • 10Compliance with bye-laws and Covenants
  • 11Certain works prohibited
  • 12Encumbrances against apartments
  • 13Common profits and expenses
  • 14Contents of Declaration
  • 15Withdrawal from the provision of this chapter
  • 16Withdrawal is no bar to subsequent submission of property to Chapter-III
  • 17Instruments of declarations etc. compulsorily register able
  • 18Bye-laws
  • 19Separate Assessment
  • 20Charge on property for common expenses
Previous: Section 12Next: Section 14
TA Act 13

Section 13 · Common profits and expenses

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- The common profits of the property shall be distributed among and the common expenses shall be charged to, the apartment owners according to their percentage of undivided interest in the common areas and facilities.

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Previous: Section 12Next: Section 14
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