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. 10.2 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 Allottee to 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.
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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 2 (two) months from the date of issuance of the occupancy certificate. 10.2 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 Allottee to the Promoter and on such default, the Allottee shall also be deemed to be under Default under Clause 7.3 and Clause

Related to CONVEYANCE OF THE DESIGNATED APARTMENT

  • CONVEYANCE OF THE SAID APARTMENT The Promoter, on receipt of complete amount of the Price of the [Apartment/Plot] 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 (three) months from the issuance of the occupancy certificate*. However, in case the Allottee fails to deposit the stamp duty, registration charges and all other incidental and legal expenses etc. so demanded within the period mentioned in the demand letter, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/her favour till full and final settlement of all dues and stamp duty and registration charges to the Promoter is made by the Allottee. 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 authority(ies).

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