• An individual, organization or a company who wants to construct an Apartment Housing should write an application along with the proposed map, structural design, land ownership certificate, distribution procedure of the apartment units etc.
• Apartment housing can’t be constructed without receiving the legal permit.
• Apartment can be sold for either full payment or by payment on installment. It can also be sold or be given for the rental purpose.
• The ownership certificate should be issued in the specified format. And the ownership is transferred only when the buyer pays off the total amount.
• The new owner of the apartment unit can sell or rent the apartment as per his necessity.
• The buyer can’t transfer his ownership to another individual if he has not paid off the total amount.
• The owner of the apartment unit needs to establish consensus with management committee for selling his apartment. But again there is a provision which says that if the new owner has paid off the total amount of the apartment, the management committee has to give the permission.
• The owner of any one of the apartment units can, without affecting the rights of the owner of any other apartment units, enjoy the common facilities or common places/areas like: parking areas, lobby, stairs, Gardens, temples, stores, solar, Security guards, dumping site etc.
• The common places or facilities can’t be divided or partitioned. And the owner is obliged to bear the cost percentage as per the rule for the management or maintenance of the common properties. In case if an owner is reluctant to bear his share of money, the management committee can prevent the owner from enjoying that service or facility.
• Apartment Housing should have its insurance. And it is the duty of the founding members to manage, protect and maintain those apartment units.
• Incase if the Apartment housing is completely damaged or demolished, all the owners of the apartment units will have proportional ownership over the land. And if the apartment is partially damaged, the management committee or the founding members should have to repair it within the specified time.
• Construction of the Apartment housing without construction permit would be subjected to legal action. The construction company can be charged fine up to Rs. 100,000. And the concerned authority can also issue order for demolishing such buildings. Moreover, if anyone is injured from the damaged part of such apartment, he/she can claim the appropriate compensation from the committee.   

Article by: Housingnepal.com