CONVEYANCE OF THE SAID APARTMENT/ 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 [Apartment/Plot] together with proportionate indivisible share in only such the Common Areas w to the Association of Allottees ,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 until payment of stamp duty and registration charges to the Promoter is made by the Allottee. proportionate common area, along with each individual apartment/plot, may transfer the such e ntire proportionate common area which can be transferred, with respect to all the plots in the
Appears in 1 contract
Samples: Agreement for Sale
CONVEYANCE OF THE SAID APARTMENT/ PLOT. The Promoter, on receipt of Total Price of the [Apartment/Plot] Plot as per para 1.2 under the Agreement from the Allottee, shall in compliance with provisions of Sec 11(4)(f) and Sec 17 of the Act, execute a conveyance deed and convey the title of the [Apartment/Plot] Plot to the Allottee, together with proportionate indivisible share in only such the Common Areas w which can be transferred, to the Association of Allottees ,Allottees, earlier or within 3 months from the date of issuance of the occupancy certificate* and and/or 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 until payment of stamp duty and registration charges to the Promoter is made by the Allottee. proportionate common area, along with each individual apartment/plot, may transfer the such e ntire proportionate common area which can be transferred, with respect to all the plots in the.
Appears in 1 contract
Samples: Agreement for Sale
CONVEYANCE OF THE SAID APARTMENT/ 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 [Apartment/Plot] together with proportionate indivisible share in only such the Common Areas w which can be transferred, to the Association of Allottees ,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 until payment of stamp duty and registration charges to the Promoter is made by the Allottee. proportionate common area, along with each individual apartment/plot, may transfer the such e ntire proportionate common area which can be transferred, with respect to all the plots in the
Appears in 1 contract
Samples: Agreement for Sale