Condominium developer in legal jaws
Fails to provide deeds:
The Condominium Management Authority CMA has filed legal action
against property developer who is said to have failed to provide deeds
for residents of the condominium housing project in Colombo.
Acting General Manager of CMA, G.U Upawansa told Daily News Business
the developer did not turn up before the court. This condominium housing
project is located in Wellawatta and it consists of 42 housing
This project was completed in 2004 and all 42 housing apartments have
been sold. However still these residents have not received their deeds
from the property developper.
“These residents made complaint to the CMA. After completing the
internal inquiry and giving them warnings authority took legal actions
against property developper,” he said.
“We have filed a case against another property developper and this
housing project is located in Colpetty. However we are currently
investigating on 32 other projects unable to provide deeds for their
clients,” he added.
“After commencement of investigations some property developers have
taken necessary actions to provide deeds. Today people are aware of CMA
and we see an increase in complaints made under this issue to the
We have noticed developers are keen on providing deeds for the new
housing projects, which have been completed recently,” he said.
“Most of the clients were unable to transfer these housing apartments
for their children without a deed. They are also unable to obtain loans
for renovating their apartments without a deed,” Upawansa said.
According to the apartment ownership law after completing the
condominium project developers need to register the project in the land
registry to provide deeds for residents within six months time.
When client and the developer enter into sales agreement project need
to be registered in the land registry within 18 months time for