No Objection Certificate for Sale

The model bye-laws framed by the state government under the Maharashtra Cooperative Societies Act hold that a person does not require a No Objection certificate (NOC) from the society at the time of transfer of a flat. Bye-law No 38 prescribes a list of documents required for selling a flat, but nowhere is it mentioned that the society's NOC is mandatory. If at all a transferor or transferee of a flat want an NOC from the society for their personal reasons, the society will have to issue it within a month of receiving the application. It's important to note that NOC issued by the society / RWA does not absolve the responsibility of the purchaser to pay all the past dues (before the sale) to the society/ RWA.

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