Common use of Apartment Interior Maintenance & Insurance Clause in Contracts

Apartment Interior Maintenance & Insurance. That the Purchaser(s) shall carry out the maintenance and interiors of the apartment at its own cost. The insurance of the apartment as well as the interiors of the apartment shall be the responsibility of the Purchaser(s) and the developer shall not in any case be held liable for any damage or loss occurred on account of any neglect or omission of the Purchaser(s) or on account of any act of the third party qua the apartment or the articles lying in the apartment. The Developer/Promoter will not entertain any request for modification in the internal layout of the apartment(s) & external façade of the Tower/Block That if for any reason whatsoever the Developer is not in a position to offer at all the apartment herein applied for allotment the Developer shall offer the Purchaser(s) an alternative property or refund the amount in full with simple interest @ 10% per annum without any further liability to pay damages or compensation. That the car parking space as allotted is for exclusive use in the said complex, and the Purchaser(s) shall not have any ownership rights over the parking space allotted to him/her/them and one car parking along with one apartment is compulsory. It shall be a right to use only which shall stand automatically transferred along with the transfer of the apartment.

Appears in 9 contracts

Samples: Sale Agreement, Sale Agreement, Conveyance Deed

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