Common Area Possession Clause Samples

Common Area Possession. That the possession of the common areas shall remain with the First Party and Second Party who shall through the Maintenance Agency appointed by them, supervise the maintenance and upkeep of the same as per Maintenance Agreement to be executed with the Buyer at the time of handing over the possession of the Flat.

Common Area Possession. That the possession of the common areas shall remain with SIMOCO SYSTEMS who shall through the Maintenance Agency appointed by it, supervise the maintenance and upkeep of the same until those are taken over by the Apartment Owners’ Association.