10.Common profits and expenses.-
The common profits of the property shall be distributed among, and the common expenses shall be charged to, the apartment owners according to the percentage of the undivided interest in the common areas and facilities.
11.Contents of declaration.- (1) The declaration shall contain the following particulars, namely:-
(a) description of land on which the building and improvements are to be located and whether the land is freehold or leasehold;
(b)description of the building stating the number of storey and basement, the number of apartments and the principal materials of which it is or is to be constructed;
(c) the apartment number of each apartment and a statement of its location, approximate area, number of rooms and immediate common area to which it has access and any other data necessary for its proper identification;
(d)description of the limited common area and facilities;
(e)description of the limited common area and facilities, if any, stating to which apartments their use is reserved;
(f)value of the property and of each apartment and the percentage of undivided interest in the common areas and facilities appertaining to each apartment and its owner for all purposes, including voting, and a statement that the apartment and such percentage of undivided interest are not encumbered in any manner whatsoever or not on the date of the declaration;
(g)statement of the purposes for which the building and each of the apartments are intended and restricted as to use;
(h)the name of a person to receive service of process in the cases hereinafter provided, together with the residence or place of business of such persons which shall be within the city, town or village in which the building is located;
(i)provisions as to the percentage of votes by the apartment owners which shall be determinative of whether to rebuild, repair, restore or sell the property in the event of damage or destruction of all of part of the property;
(j)any other details in connection with the property which the person executing the declaration may deem desirable to set forth consistent with this Act; and
(k)the method by which the declaration may be amended consistent with the provisions of this Act.
(2)A true copy of each of the declaration and bye-laws and all amendments to the declaration or the bye-laws shall be filed in the office of the competent authority.
12.Contents of deed of apartment.:-
(1)The deed of apartment shall include the following particulars, namely:-
(a)description of the land as provided in section 11 or the postal address of the property, including in either case the number, page and date of executing the declaration, the date and serial number of its registration under the Indian Registration Act, 1908 and the date & other reference, if any, of its filing with the competent authority;
(b)the apartment number of the apartment in the declaration and any other data necessary for its proper identification;