Common use of MANAGEMENT AND CONDUCT RULES Clause in Contracts

MANAGEMENT AND CONDUCT RULES. (if applicable) 13.1 It is recorded that the standard Management Rules and Conduct Rules are the rules which are prescribed by the Regulations promulgated by the Sectional Titles Act, 95 of 1986 or the Sectional Titles Schemes Management Act, 8 of 2011 whichever is applicable and may be amended from time to time. 13.2 The purchase will on date of transfer become a member of the Body Corporate of the Sectional Title Scheme and will be bound by the rules as set out in clause 13.1

Appears in 7 contracts

Samples: Sale of Property Agreement, Sale of Property Agreement, Sale of Property Agreement

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