Mumbai Housing Society Nominee Rights: Expert Explains Maharashtra Co-operative Societies Act
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Mumbai Housing Society Nominee Rights: Expert Explains Maharashtra Co-operative Societies Act

Under the Maharashtra Co-operative Societies Act, a housing society member can nominate one or more individuals to inherit their shares and interests. The nomination form allows specifying percentages for each nominee. Experts clarify that the order of nomination does not grant special rights; all nominees hold rights based on the specified percentages or equal entitlement if none is stated. Joint members are admitted upon completing formalities, with the first member serving as the primary contact.

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