Land Register Declarations. 15.1 The Seller and the Buyer agree that ownership of the Object of Purchase shall be transferred to the Buyer and declare the conveyance of title. The Seller approves and the Buyer applies for the registration of the transfer of ownership in the land register. On this day already, the notary public is instructed to issue executed copies or certified copies of the deed containing the declaration of the conveyance of title only in the event that the preconditions for the application of registration of transfer of ownership are met. Until then, only executed copies and certified copies not containing the declaration of conveyance of title may be issued.
Appears in 2 contracts
Samples: • Lease Agreement (Global Income Trust, Inc.), Global Income Trust, Inc.
Land Register Declarations. 15.1 16.1 The Seller and the Buyer agree that ownership of the Object of Purchase shall be transferred to the Buyer and declare the conveyance of title. The Seller approves and the Buyer applies for the registration of the transfer of ownership in the land register. On this day already, the notary public is instructed to issue executed copies or certified copies of the deed containing the declaration of the conveyance of title only in the event that the preconditions for the application of registration of transfer of ownership are met. Until then, only executed copies and certified copies not containing the declaration of conveyance of title may be issued.
Appears in 2 contracts
Samples: Global Income Trust, Inc., Global Income Trust, Inc.