sectional title unit definition

sectional title unit means a unit defined in section 1 of the Sectional Titles Act;

sectional title unit means a unit as defined in section 1 of the Sectional Titles Act, 1986 (Act 95 of 1986);

sectional title unit means the Section along with an undivided share in the Common Property to be apportioned to the said Section in accordance with the participation quota which will be endorsed on the Sectional Plan;

Examples of sectional title unit in a sentence

• This agreement is for the Purchase and Sale of a Sectional Title Unit in the scheme known as Harbour Bay Village prior to the opening of the Sectional Title Register.

• Unit type: Section Number: (provisional) Door Number Estimated Floor Area of Section (excluding storeroom) m2 Store Room No: , approximately m2 in extent Estimated Final Participation Quota of Sectional Title Unit (including storeroom): Note: The Participation Quota given above is an estimate and based on the final number and sizes of units in the completed Scheme.

• Section No. Estimated Floor Area of Section ± Square Metres Estimated Final Participation Quota of Sectional Title Unit: EXCLUSIVE USE AREA(S) (delete if not applicable)  Parking Bay No. , approximately square metres in extent; and  Garden/Patio No. , approximately square metres in extent.

• The Seller hereby sells to the Purchaser who hereby purchasers from the Seller: The Sectional Title Unit; An undivided share in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan and The Exclusive Use Area(s); collectively herein referred to as “the property”, as depicted on Part B of the Information Schedule on the terms and conditions set out in this agreement.

• The Seller hereby sells to the Purchaser who hereby purchasers from the seller: The Sectional Title Unit; An undivided share in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan; The Exclusive Use Area(s) (if applicable); collectively herein referred to as “the property”, as depicted on Part B of the Information Schedule on the terms and conditions set out in this agreement.

More Definitions of sectional title unit

sectional title unit means a unit defined in section 1 of the Sectional Titles Act; “specified public benefit activity” means an activity listed in item 1 (welfare and humanitarian), item 2 (health care) and item 4 (education and development) of Part 1 of the Ninth Schedule to the Income Tax Act;

sectional title unit means a unit as defined the Sectional Title Act;

sectional title unit means a section of a building together with its undivided share in the common property apportioned in accordance with the participation quota of the section in respect of a Development Scheme registered in terms of the Sectional Titles Act, 1986;

sectional title unit. Means a section of a building together with its undivided share in the common property apportioned in accordance with the participation quota of the section;

sectional title unit means a unit as defined in the Sectional Titles Act , 1986;

sectional title unit means a section shown as such on an approved sectional plan together with an undivided share in the common property as determined in accordance with the participation quota applicable to such section (and, if relevant, together with any exclusive use of a defined area of the common property), and as defined more fully in terms of the Sectional Title Act;

sectional title unit means a unit defined in section 1 of the Sectional Titles Act; 'specified public benefit activity' means an activity listed in item 1 (welfare and