CONVEYANCE OF THE SAID DUPLEX. [Apartment/ROW-HOUSE] The Promoter, on receipt of Total Price of the Duplex[Apartment/ROW-HOUSE] as per para
CONVEYANCE OF THE SAID DUPLEX. The Promoter, on receipt of Total Price of the Duplex as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Duplex 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 until payment of stamp duty and registration charges to the Promoter is made by the Allottee.
CONVEYANCE OF THE SAID DUPLEX. The Promoter, on receipt of Total Price of the Duplex as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Duplex within 3 months from the date of receipt of the full payment. However, in case the Allottee fails to deposit the stamp duty and/or registration charges and mutation 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 and mutation charges to the Promoter is made by the Allottee along with taking care and/or maintenance of the Duplex as already mentioned in clause 7.3 first above. Provided further that since the entire proportionate common area shall be transferred to the Association of the Allottees by operation and in compliance of the provisions of the Act, without any consideration to be paid to the Promoter, therefore the transfer of the proportionate common area to the Association of Allottees, shall always be deemed to be without payment of any consideration to the Promoter so as not to add any amount to the Capital Gain or consequent Income Tax to the account of the Promoter and it shall always be deemed to be a transfer by operation of law.
CONVEYANCE OF THE SAID DUPLEX. The Promoter, on receipt of Total Price of the [Duplex/Plot] as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the [Duplex/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 DUPLEX. The Promoter, on receipt of Total Price of the Row House duplex unit H as
CONVEYANCE OF THE SAID DUPLEX. The Promoter, on receipt of complete amount of the price of the (Duplex) under the agreement from the Allottee, shall execute a registered conveyance deed and convey the title of the [Duplex] together with undivided interest in the common areas and separately convey undivided proportionate title in the common areas to the association of Allottees or competent authority, as the case may be, within 3 (three) months from the issuance of the occupancy certificate to the Allottees. However, in case the Allottee fails to deposit the stamp duty, registration charges and 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 deficiencies/penalties imposed by the competent authority (ies).
