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Society Transfer Set

Due to numerous factors, such as the ongoing demand of urban communities, the scarcity of land in urban areas, the rising cost of construction, restrictions imposed by various rent legislations, security concerns, and other factors, multi-story ownership flats are now a fixture in cities and large towns. Due to the fact that these flats are units in a huge complex structure, they are subject to restrictions intended to ensure that other unit holders can live in peace, enjoy shared amenities, and have an undivided interest in the land on which the building is situated. In contrast to an autonomous residential home, a multi-story building has an independent body manage the common areas and control the property, and the rights and obligations of flat owners are governed.

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