Common use of CONVEYANCE OF THE APARTMENT Clause in Contracts

CONVEYANCE OF THE APARTMENT. On receipt of the entire amount of the Total Price mentioned in Schedule-T, the Promoters shall execute a conveyance deed and convey the title of the Apartment together with proportionate indivisible share in the Phase Common Portions within 3 (three) months from the date of issuance of occupancy certificate, the completion certificate, the partial occupancy certificate or the partial completion certificate, as the case may be, to the Allottee. However, in case the Allottee fails to deposit the Stamp Duty, the Registration Fee and the other charges for registration within the period mentioned in the notice, the Allottee authorizes the Promoters to withhold registration of the conveyance deed in his/her favour till payment of the Registration Charges mentioned in Clause 7.2 to the Developer is made by the Allottee and not hand over possession of the Apartment to the Allottee. In the event the Common Portions have to be transferred by a separate deed, the Allottee shall bear and pay the pro-rata cost of Registrations Charges that will be required to be incurred for such deed.

CONVEYANCE OF THE APARTMENT. On receipt of the entire amount of the Total Price mentioned in Schedule-T, the Promoters shall execute a conveyance deed and convey the title of the Apartment together with proportionate indivisible share in the Phase Common Portions within 3 (three) months from the date of issuance of occupancy certificate, the completion certificate, the partial occupancy certificate or the partial completion certificate, as the case may be, to the Allottee. However, in case the Allottee fails to deposit the Stamp Duty, the Registration Fee and the other charges for registration within the period mentioned in the notice, the Allottee authorizes the Promoters to withhold registration of the conveyance deed in his/her favour till payment of the Registration Charges Xxxxxxx mentioned in Clause 7.2 to the Developer is made by the Allottee and not hand over possession of the Apartment to the Allottee. In the event the Common Portions have to be transferred by a separate deed, the Allottee shall bear and pay the pro-rata cost of Registrations Charges that will be required to be incurred for such deed.