CONVEYANCE OF THE DESIGNATED APARTMENT Sample Clauses

CONVEYANCE OF THE DESIGNATED APARTMENT. 10.1 The Owners and the Promoter, on receipt of the entire amount of the Total Price and other charges in respect of the Designated Apartment under the Agreement from the Allottee, shall execute a Sale Deed to convey the title of the Unit together with the Parking Facility, if any, and the Owners shall join in the Deed to concur confirm and assure such sale and convey the proportionate indivisible share in the Common Areas within 3 (three) months from the date of issuance of the occupancy certificate.
AutoNDA by SimpleDocs
CONVEYANCE OF THE DESIGNATED APARTMENT. The Owners and the Promoter, on receipt of the entire amount of the Total Price and other charges in respect of the Designated Apartment under the Agreement from the Allottee, shall execute a Sale Deed to convey the title of the Unit together with the Parking Facility, if any,and the Owners shall join in the Deed to concur confirm and assure such sale and convey the proportionate indivisible share in the Common Areas within 3 (three) months from the date of issuance of the completion certificate. However, in case the Allottee fails to deposit the stamp duty and/or registration charges or all other incidental and legal expenses etc. demanded within the period mentioned in the demand letter, the Allottee authorizes the Promoter to withhold registration of the Sale Deed in his/her favour till full and final settlement of all dues and till payment of stamp duty and registration charges is made by the Allotteeto the Promoter and on such default, the Allottee shall also be deemed to be under Default under Clause 7.3 and Clause 9.3 hereto. The Allottee shall be solely responsible and liable for compliance of the provisions of Indian Stamp Act, 1899 including any actions taken or deficiencies/penalties imposed by the competent authorities.
CONVEYANCE OF THE DESIGNATED APARTMENT. The Owner and the Promoter, on receipt of Total Price of the Designated Apartment as per Para 1.2 under the Agreement from the Allotee and other amounts elsewhere herein mentioned shall execute a conveyance deed and convey the title of the Designated Apartment to the Allotee and the common areas to the Association of Allotee(s) within three (3) months from the date of issuance of the completion certificate to the Allotee. Provided that, the conveyance deed in favour of the Allotee shall be carried out by the Promoter within three (3) months from the date of issue of completion certificate. However the Promoter may require execution of the Sale Deed in favour of the Allotee simultaneously with the delivery of the possession of the Apartment to the Allotee and the Promoter shall not be obliged to deliver possession of the Apartment to the Allotee unless the All otee executes and/or is ready and willing to execute the conveyance simultaneously with such delivery of possession. However, in case the Allotee(s) fails to deposit the stamp duty, registration charges within the period mentioned in the demand notice letter or to pay the total price and other dues to the Promoter, the Allotee(s) authorises the Promoter to withhold registration of the conveyance deed in his/her favour till payment of stamp duty and registration charges and all other dues to the Promoter is paid by the Allotee(s) and the Allotee shall also be deemed to be under condition of default under Clause 7.3 and 9.3 mentioned herein-above.
CONVEYANCE OF THE DESIGNATED APARTMENT. The Owner and the Promoter, on receipt of Total Price of the Designated Apartment as per Para 1.2 under the Agreement from the Allottee shall execute a conveyance deed and convey the title of the Designated Apartment together with proportionate indivisible share in common areas within three (3) months from the date of issuance of the occupancy/completion certificate to the Allottee: Provided that, the conveyance deed in favour of the Allottee shall be carried out by the Promoter within three (3) months from the date of issue of occupancy/completion (as applicable) certificate. However, in case the Allottee(s) fails to deposit the stamp duty, registration charges within the period mentioned in the demand notice letter or to pay the total price and other dues to the Allottee, the Allottee(s) authorizes the Promoter to withhold registration of the conveyance deed in his/her favour till payment of stamp duty and registration charges and all other dues to the Promoter is made by the Allottee(s) and the Allottee shall also be deemed to be under condition of default under Clause 7.3 and 9.3 above.
CONVEYANCE OF THE DESIGNATED APARTMENT. 10.1 The Owners and the Promoter, on receipt of the entire amount of the Total Price and other charges in respect of the Designated Apartment under the Agreement from the Allottee, shall execute a Sale Deed to convey the title of the Unit together with the Parking Facility, if any, and the Owners shall join in the Deed to concur confirm and assure such sale and convey the proportionate indivisible share in the Common Areas within 3 (three) months from the date of issuance of the occupancy certificate or simultaneously with or within 60 days of the Allottee completing all payments and compliances agreed to hereunder, as the Promoter may deem fit and proper.

Related to CONVEYANCE OF THE DESIGNATED APARTMENT

  • CONVEYANCE OF THE SAID APARTMENT The Promoter, on receipt of Total Price of the [Apartment/Plot] as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the [Apartment/Plot] together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy certificate* and the completion certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate]. However, in case the Allottee fails to deposit the stamp duty and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/her favour till payment of stamp duty and registration charges to the Promoter is made by the Allottee.

  • CONVEYANCE OF THE SAID PLOT The Promoter, on receipt of Total Price of the [Apartment/Plot] as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the plot together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy certificate* and the completion certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate]. However, in case the Allottee fails to deposit the stamp duty and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/her favour till payment of stamp duty and registration charges to the Promoter is made by the Allottee.

  • CONVEYANCE AND CLOSING Seller shall convey marketable title to the Real Estate by Warranty deed with release of dower right, if any, AND SUBJECT TO THE RIGHTS OF THE TENANTS, if any, under existing leases and state law. Title shall be free and unencumbered as of Closing, except restrictions and easements of record and except the following assessments (certified or otherwise): .

  • LOCATION AND DESCRIPTION OF THE PROPERTY The subject property is a three (3) bedroom apartment unit bearing postal address of 13-02-06, Danau Impian Condominium, Xxxxx 0/000X, Xxxxx Xxxxx Xxxx, 00000 Xxxxx Xxxxxx. RESERVE PRICE: The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM306,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND SIX THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee/Bank subject to the consent being obtained by the Purchaser from the Developer and other relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the Developer and the relevant authorities. Any arrears of quit rent, assessments and service or maintenance charges which may be lawfully due to any relevant authority or the Developer up to the date of auction sale of the property shall be paid out of the purchase money upon receipt of full purchase price. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order in favour of UOBM for XXXXXX XXXXX XXXXXX on the day of auction sale. The balance of the purchase money together with Sales and Services Tax (SST) and/or taxes that replace the SST (if any) shall be paid by the Purchaser within one hundred and twenty (120) days from the date of auction sale to UNITED OVERSEAS BANK (MALAYSIA) BHD via Real Time Electronics Transfer of Funds and Securities (XXXXXX). Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx. FOR FURTHER PARTICULARS, please contact M/S Chua & Partners, of Suite 8-12A-6, Level 12A, Menara Olympia, Xx. 0, Xxxxx Xxxx Xxxxxx, 00000 Xxxxx Xxxxxx [Ref No. Please Advise, Tel No. 00-00000000] the Assignee herein or the undermentioned Auctioneer. PROPERTY AUCTION HOUSE SDN BHD (187793X) Ground Floor, Xx. 0, Xxxxx Xxxxxx 50450 Kuala Lumpur XXXXXXX XXXX XXXX XXXX Tel: 00-00000000 & 20788590 XXXXX X.X. XXX Our ref: PAH/32945(4)/6/2023(LA) XXXXXXX X.X. XXXXXX Email: xxxx@xxxxxxxx.xxx.xx Licensed Auctioneers Website: xxx.xxxxxxxx.xxx.xx PERISYTIHARAN JUALAN DALAM PERKARA MENGENAI PERJANJIAN PINJAMAN SELAKU PENYERAHANHAK, SURATIKATAN PENYERAHHAKAN XXX SURAT KUASA WAKIL KESEMUANYA YANG BERTARIKH 22 HARIBULAN JUN, 2006 ANTARA UNITED OVERSEAS BANK (MALAYSIA) BHD [199301017069 (271809-K)] PIHAK PEMEGANG SERAHHAK/BANK XXX XXXXXX XXXXX XXXXXX [No. K/P: 751008-02-5470] PIHAK PENYERAHHAK/PEMINJAM Dalam menjalankan xxx xxx kuasa xxxx telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Pinjaman Selaku Penyerahhakan, Suratikatan Penyerahhakan xxx Surat Kuasa Wakil kesemuanya yang bertarikh 22 haribulan Jun, 2006 diantara Pihak Pemegang Serahhak/Bank xxx Pihak Penyerahhak/Peminjam yang diperbuat dalam perkara diatas, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank tersebut dengan bantuan Pelelong yang tersebut dibawah AKAN MENJUAL SECARA LELONGAN AWAM PADA HARI SELASA, 25 HARIBULAN JULAI, 2023 PADA PUKUL 3.00 PETANG DI PUSAT LELONG TINGKAT BAWAH, NO. 0, XXXXX XXXXXX, 00000 XXXXX XXXXXX Alternatively, prospective bidders may submit bids for the property online via xxxx.xxxxxxxx.xxx.xx (For online bidding, please register at least one (1) working day before the auction day for registration & verification purposes) ONLINE BIDDERS ARE FURTHER SUBJECT TO THE TERMS AND CONDITIONS ON xxxx.xxxxxxxx.xxx.xx NOTA: Xxxxx-xxxxx pembeli adalah dinasihatkan agar membuat perkara-perkara yang berikut sebelum jualan lelong:-

  • Conveyance of Property In exchange for the payment of both the Purchase Price and the Buyer’s Premium in accordance with Sections 1 and 2 above, Oceaneering shall issue to Buyer a Xxxx of Sale in the form attached hereto as Schedule 2 and incorporated herein for all purposes, whereby Seller shall TRANSFER, CONVEY, SELL, DELIVER and ASSIGN to Buyer the Property in its present condition and location, free and clear of all liens, claims and other encumbrances. The Xxxx of Sale may be issued electronically and Title to the Property, including all risk of loss, shall transfer to Buyer immediately upon receipt of the Xxxx of Sale. The date on which Sellers issue the Xxxx of Sale to Buyers shall hereinafter also be referred to as the “Closing Date”.

  • Acceptance of Trust The Trustee hereby accepts the Trust created and provided for by and in this Agreement and agrees to perform the same upon the terms and conditions herein set forth and to hold all rights, privileges and benefits conferred hereby and by law in trust for the various persons who shall from time to time be Beneficiaries, subject to all the terms and conditions herein set forth.

  • MAINTENANCE OF THE BUILDING /APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the Association upon the issuance of the completion certificate of the Project. The cost of such maintenance has been included in the Total Extras and Deposits as mentioned in clause 1.2.

  • MAINTENANCE OF THE SAID BUILDING / APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the association of the allottees. The cost of such maintenance has been included in the Total Price of the [Apartment/Plot]. [Insert any other clauses in relation to maintenance of project, infrastructure and equipment]

Time is Money Join Law Insider Premium to draft better contracts faster.