Common use of CONVEYANCE OF THE SAID FLAT Clause in Contracts

CONVEYANCE OF THE SAID FLAT. The Promoter/Developer, on receipt of complete amount of the Price of the [Flat] under the Agreement from the Allottees/Purchasers, shall execute a conveyance deed and convey the title of the [Flat/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 Allottees/Purchasers 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 Allottees/Purchasers authorizes the Promoter/Developer 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/Developer is made by the Allottees/Purchasers. The Allottees/Purchasers 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).

CONVEYANCE OF THE SAID FLAT. The PromoterPROMOTER/DeveloperVENDOR/LAND OWNER, on receipt of complete amount of the Price of the [Flat] Flat under the Agreement from the AllotteesALLOTTEE/PurchasersPURCHASER, shall execute a conveyance deed Deed of Conveyance and convey the title of the [Flat/Plot] Flat together with proportionate indivisible share in the Common Areas within 3 (three) months from the issuance of the occupancy occupancy/completion certificate*. The Deed of Conveyance shall be prepared by Mr.XXXXXXXXXXXXX Advocate of 0, Xxx Xxxx Xxxxxx Xxxxxx, Xxxx Xx. 0 Xxxxxxx 700 001 and Cost for preparation and Registration of this Agreement for Sale and Deed of Conveyance has been more fully and particularly mentioned in SEVENTHSCHEDULE which may be treated as an integral part of this Agreement. However, in case the AllotteesALLOTTEE/Purchasers fails PURCHASER fail 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 AllotteesALLOTTEE/Purchasers authorizes the PromoterPURCHASER authorize thePROMOTER/Developer VENDOR/LAND OWNER, to withhold registration of the conveyance deed in his/her his favour till full and final settlement of all dues and stamp duty and registration charges to the PromoterPROMOTER/Developer VENDOR/LAND OWNER, is made by the AllotteesALLOTTEE/PurchasersPURCHASER. The AllotteesALLOTTEE/Purchasers PURCHASER 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).

CONVEYANCE OF THE SAID FLAT. UNIT The Promoter/Developer, on receipt of complete amount of the Price of the [Flat/unit] under the Agreement from the AllotteesAllottee/PurchasersPurchaser, shall execute a conveyance deed and convey the title of the [Flat/Plotunit] together with proportionate indivisible share in the Common Areas within 3 (three) months from the issuance of the occupancy certificate*. Howevercertificate*.However, in case the AllotteesAllottee/Purchasers Purchaser 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 AllotteesAllottee/Purchasers Purchaser authorizes the Promoter/Developer 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/Developer is made by the AllotteesAllottee/PurchasersPurchaser. The AllotteesAllottee/Purchasers Purchaser shall be solely responsible and liable for compliance of the provisions of Indian Stamp Act, 1899 including any actions taken or deficiencies/ deficiencies/penalties imposed by the competent authority(ies). The Purchaser/Xxxxxxxx further agrees to bear and pay all cost charges and expenses including professional charges of the Advocate/Solicitors of the Owners/Developer having mandate for the said project more fully and particularly described and mentioned in SEVENTH SCHEDULE written hereunder.