Common use of CONVEYANCE OF THE SAID UNIT Clause in Contracts

CONVEYANCE OF THE SAID UNIT. The Promoter, on receipt of Total Price of the Unit as discussed under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Unit together with proportionate indivisible share in the Common Areas within 3 months from the date of intimation of readiness of Possession. However, in case the Allottee fails to deposit the stamp duty and/or registrationchargeswithintheperiodmentionedinthenotice,theAllotteeauthorizesthePromoter to withhold registration of the conveyance deed in his/her favour until payment of stamp duty and registration charges and due taxes to the concerned authority is made by the Allottee.

Appears in 1 contract

Samples: Agreement for Sale

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CONVEYANCE OF THE SAID UNIT. The Promoter, on receipt of Total Price of the Unit as discussed per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Unit together with proportionate indivisible share in the Common Areas within 3 months from the date of intimation of readiness of Possession. However, in case the Allottee fails to deposit the stamp duty duly and/or registrationchargeswithintheperiodmentionedinthenotice,theAllotteeauthorizesthePromoter 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 and due taxes to the concerned authority is made by the Allottee.

Appears in 1 contract

Samples: Sale Agreement

CONVEYANCE OF THE SAID UNIT. The Promoter, on receipt of Total Price of the Unit as discussed per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Unit together with proportionate indivisible share in the Common Areas within 3 months from the date of intimation of readiness of Possession. However, in case the Allottee fails to deposit the stamp duty duly and/or registrationchargeswithintheperiodmentionedinthenotice,theAllotteeauthorizesthePromoter 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 and due taxes to the concerned authority is made by the Allottee.

Appears in 1 contract

Samples: Sale Agreement

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CONVEYANCE OF THE SAID UNIT. The Promoter, on receipt of Total Price of the Unit as discussed under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Unit together with proportionate indivisible share in the Common Areas within 3 months from the date of intimation of readiness of Possession. However, in case the Allottee fails to deposit the stamp duty and/or registrationchargeswithintheperiodmentionedinthenotice,theAllotteeauthorizesthePromoter 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 and due taxes to the concerned authority is made by the Allottee.

Appears in 1 contract

Samples: Sale Agreement

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