(1) When the founder sells, leases, or lets a housing unit be used in any other way, the founder must enter into an agreement with the person or organization that buys, rents, or uses the housing unit in any other way.
(2) In the agreement made according to sub-section (1), the following things should be clearly disclosed:-
(a) Names and addresses of the parties to the contract.
(b) The location of the land on which the joint housing building is located, ownership of the land, area, lot number of the land and other details related to the land and the joint housing building.
(c) Housing unit number, area of ​​the housing unit, number of rooms in the housing unit, facilities and other necessary details related to the housing unit.
(d) Details of the housing unit to be used for sale, rent or any other way.
(e) If the housing unit is to be sold, its price and payment process.
(f) If the housing unit is to be rented or enjoyed in any other way, the period and details of rent.
(g) Details regarding collective areas and facilities and limited collective areas and facilities that can be enjoyed collectively by housing unit owners in a proportionate manner.
(h) The conditions to be followed while using the housing unit and the activities to be done and not to be done in the housing unit.
(i) Collective expenses and liabilities to be incurred for the maintenance, care and maintenance of collective areas and facilities.
(j) Rights, duties and responsibilities of housing unit owners and founders.
(k) What percentage of the joint housing building is in that housing unit.
(l) Amount to be paid for insurance.
(D) Other necessary things.