Common use of OCCUPATION Clause in Contracts

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………..., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 18 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

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OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 7 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 6 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 5 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 3 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 3 contracts

Samples: Offer to Purchase, Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………...… ................................., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 2 contracts

Samples: Offer to Purchase, Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………...................................., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 2 contracts

Samples: Offer to Purchase, Offer to Purchase

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OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 1 contract

Samples: Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name ……………………………………/ Purchaser Name……………………………………………………………………………. ………………………… (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 1 contract

Samples: Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an the attached Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………..., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 1 contract

Samples: Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. 5 | on Developers (Pty) Ltd - iQ Arvada X X Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 1 contract

Samples: Offer to Purchase

OCCUPATION. Occupation will be given to the PURCHASER as specified below. Occupation will only be allowed once all the suspensive conditions have been met. 3.2.1. The PURCHASER will occupy the PROPERTY in his / her personal capacity: YES / NO (Please encircle) 3.2.2. If the answer above is NO, the PROPERTY will be leased as envisaged below, per Clause 3.3 3.2.3. If the answer above is YES, the following is agreed between the Parties: 3.2.3.1. If a Lease Agreement has been signed by the Landlord, prior the date of signature hereof, the PURCHASER will only be allowed occupation in his / her personal capacity once the current Lease Agreement (as per Clause 3.3) has lapsed. This agreement must be accompanied by a signed Occupational Rental Agreement, with commencement date being the first day after the current lease as per Clause 3.3 has lapsed. (Refer to Annexure A). OR 3.2.3.2. If a Lease Agreement has not been signed by the Landlord, prior the date of signature hereof, the PURCHASER must has to complete and sign an Occupational Rental Agreement for a period of at least 6 (SIX) months, starting on either the first day of the next calendar month or on date of occupation, being ………………………………....., whichever is applicable after signature hereof. (Refer to Annexure A). Signature by PURCHASER as confirmation X X 3.3. LEASE OF PROPERTY / OWNER OCCUPATION The PURCHASER acknowledges that he is aware of the following Lease Agreement and Letting Agreement currently in place for the property which will automatically be ceded to the PURCHASER on registration of the property: Tenant Name …………………………………………………………………………………………………………………. (Lease Agreement/Annexure A) Rental Period …………………………………………………………………………………………………………………. Rental Amount …………………………………………………………………………………………………………………. Rental Agent …………………………………………………………………………………………………………………. Letting Agent commission payable per month ……………………………………………………………… Signature by PURCHASER as confirmation X X Within 30 days from the date of registration of this unit, the SELLER will pay the rental deposit and the pro-rata rental (if any) to the Letting Agent. The PURCHASER acknowledges that on cession of this Lease Agreement he / she will be liable for the payment of the Letting Agent’s commission and that he / she will negotiate his / her own agreement with such Letting Agent with specific references to the Lessee and / or commission payable. The SELLER will email the PURCHASER with related information.

Appears in 1 contract

Samples: Offer to Purchase

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