A guide to an apartment owners’ association

 Nowadays community living is in vogue with many apartments coming up day by day. The apartment owners’ association plays a major role in apartments community living. The Apartment Owners Association draws up certain rules and its effectiveness increases the quality of life in apartments in Kerala. Here’s the outline of a guide to an apartment owners association brought to you by Vishraam Builders eminent builders of flats in Thrissur.

Roles, rights and duties in an Apartment Owners’ Association

The functioning of the Apartment owner’s association is admirable when people working for the association carry out every duty exceptionally well. 

The main people are:

The Member

Each owner in the apartment complex is a member of the Association. The first person named in the title document is typically the member in a joint ownership. Each member should abide by all the by-laws, attend every General Body meeting & pay dues decided by the General Body on time.

Rights:

Every member has the right: 

• To vote in the elections at the Annual General Body/official Meeting. 

• To authorize a proxy to vote in his absence.

• To inspect all records, books of accounts of the association with 3 days prior notice to the Management Committee.

The Associate Member

Any person apart from the owner, who is wholly residing, occupying or otherwise in lawful possession of any apartment in the complex is an Associate member. He does not have the right to vote.

The General Body (GB)

The top authority of the association is the General Body formed by all the members of the association. The GB has the right to amend, alter or add by-laws with the consent of at least 13 voting members and its decision is binding on all the members.

The Management Committee (MC)

MC is formed by a board of members & represents the Association before all government and other official or non-official bodies in all matters. The MC members are selected by and from the GB. At the annual general body meeting, the work of the MC is reviewed. The President, Vice President, Secretary, Treasurer and 8 other members form the MC.

The MC responsibilities are:

• To maintain recreational facilities and amenities of the apartment.

• To allocate responsibilities to employees for carrying out day to day activities.

• To represent the members of the Association, in every matter for protecting their rights and interests.

• To encourage and promote religious, cultural and educational activities. 

• To open and maintain the Association bank Accounts with any nationalized bank as decided by the committee.

• To collect maintenance charges & ensure that the amount received is used for promoting the welfare of the owners. 

• To keep safe custody of all original documents and licenses connected to the land and building.

Wherever you’re buying an apartment, an exceptional apartment owners association can make living in your dream flat a pleasant experience. Buying an apartments in Thrissur from Vishraam Builders is your first step towards living your dream! Contact us today!