Can a UK citizen become a management team member by ownership?
Hi, I seek clarification on the following two points regarding the rules and regulations of a condominium in Mumbai (Maharashtra): Can a UK citizen residing in the UK be a member of the management team by virtue of owning a flat? Can a person holding 50% ownership of a flat gift 10% to their spouse for the spouse to become a management team member? For your information, the spouse has been residing in the condominium since its inception in 2007, but has only recently declared the gifted 10% ownership with a different address as their residence.
In Mumbai, a UK citizen residing in the UK may face challenges becoming a member of a condominium's management team due to residency requirements. As for gifting 10% ownership to a spouse, it is legally possible, but the spouse must meet the society's residency and membership conditions. If the spouse declares a different address, it could hinder eligibility for the management team. It is advised to consult an expert lawyer who will assist you with the best course of action. For further legal assistance contact us on our helpline number.
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