Common use of Payment of Rates and Taxes Clause in Contracts

Payment of Rates and Taxes. pay (on and from the “Deemed Date of Possession” of the said Flat and the Parking Spaces as mentioned in the Notice of Possession , i.e. the date as may be so decided by the Developer and notified as such to all the allottees/purchasers including the Purchaser herein) all Property taxes, charges, levies and impositions payable as owner or the occupier of the said Flat and the Parking Spaces as may be payable by the Purchaser and this liability shall be perpetual, even if not mentioned in any future conveyance or instrument of transfer. The Purchaser hereby undertakes to cooperate with the Promoters to facilitate the assessment of the said Flat as a separate unit. However till such assessment is made the Purchaser covenants to reimburse to the Developer and/or the Association, as the case maybe, the Purchaser’s proportionate tax paid by the Developer and/or the Association, as the case maybe, from the “Deemed Date of Possession”. In this regard, the Purchaser specifically agrees to be under obligation to pay to the Developer or the Association, as the case may be, within 15 (fifteen) days of demand by the Developer or the Association, as the case maybe, the Purchaser’s share of security deposit and/or the security deposit exclusively payable by the Purchaser for the said Flat, as the case may be, as may be so demanded by the concerned authority for electricity connection to the said Flat in the the building in which the said Flat is situated;

Payment of Rates and Taxes. pay pay, (on and from the “Deemed Date of Possession” of the said Flat and the Parking Spaces as mentioned in the Notice of Possession Possession, i.e. the date as may be so decided by the Developer Owner and notified as such to all the allottees/purchasers including the Purchaser herein) all Property taxes, charges, levies and impositions payable as owner or the occupier of the said Flat and the Parking Spaces as may be payable by the Purchaser and this liability shall be perpetual, even if not mentioned in any future conveyance or instrument of transfer. The It is clarified here that the Purchaser hereby undertakes has understood that it is the Purchaser’s obligation to cooperate with the Promoters to facilitate the assessment of have the said Flat as a separate unitassessed by the competent authority. However till such assessment is made the Purchaser covenants to reimburse to the Developer Owner and/or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, the Purchaser’s proportionate tax paid by the Developer Owner and/or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, from the “Deemed Date of Possession”. In this regard, the Purchaser specifically agrees to be under obligation to pay to the Developer Owner or the AssociationAssociation and/or the Complex Maintenance Body, as the case may be, within 15 (fifteen) days of demand by the Developer Owner or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, the Purchaser’s share of security deposit and/or the security deposit exclusively payable by the Purchaser for the said Flat, as the case may be, as may be so demanded by the concerned local authority or government for giving supply of water, electricity or any other service connection to the said Flat in the the building in which the said Flat is situated;

Payment of Rates and Taxes. pay (on On and from the “Deemed Date of Possession” of the said Flat and the Parking Spaces Said Apartment as mentioned in the Notice of Possession , (i.e. the date as may be so decided by the Developer and notified as such to all the allottees/purchasers including the Purchaser hereinPurchaser) shall pay all Property municipality taxes, khajna (land taxes), charges, levies and impositions payable as owner or the occupier of the said Flat and Said Apartment in the Parking Spaces Sixth Phase/Project as may be payable by the Purchaser and this liability shall be perpetual, even if not mentioned in any future conveyance or instrument of transfer. The It is clarified here that the Purchaser hereby undertakes has understood that it is the Purchasers obligation to cooperate with have Said Apartment assessed by the Promoters to facilitate the assessment of the said Flat as a separate unitcompetent authority. However till such assessment is made the Purchaser covenants to reimburse to the Developer and/or the Sellers/ Association, as the case maybe, the Purchaser’s his/ her proportionate tax paid by the Developer and/or the Association, as the case maybe, Sellers/ Association from the “Deemed Date of Possession”. In this regard, the Purchaser specifically agrees to be under obligation to pay to the Developer Sellers or the AssociationAssociation and/or the Complex Maintenance Body, as the case may be, within 15 (fifteen) days of demand by the Developer Sellers or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, the Purchaser’s share of Property municipality taxes, khajna (land taxes), security deposit and/or the security deposit exclusively payable by the Purchaser for the said Flat, as the case may be, as may be so demanded by the concerned local authority or government for giving supply of water, electricity or any other service connection to the said Flat in the the building in which the said Flat Said Apartment is situated;

Payment of Rates and Taxes. pay pay, (on and from the “Deemed Date of Possession” of the said Flat Said Space and the Parking Spaces as mentioned in the Notice of Possession , i.e. the date as may be so decided by the Developer Promoters and notified as such to all the allottees/purchasers including the Purchaser herein) all Property taxes, charges, levies and impositions payable as owner or the occupier of the said Flat Said Space and the Parking Spaces as may be payable by the Purchaser and this liability shall be perpetual, even if not mentioned in any future conveyance or instrument of transfer. The It is clarified here that the Purchaser hereby undertakes has understood that it is the Purchaser’s obligation to cooperate with have the Promoters to facilitate Said Space assessed by the assessment of the said Flat as a separate unitcompetent authority. However till such assessment is made the Purchaser covenants to reimburse to the Developer Promoters and/or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, the Purchaser’s proportionate tax paid by the Developer Promoters and/or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, from the “Deemed Date of Possession”. In this regard, the Purchaser specifically agrees to be under obligation to pay to the Developer Promoters or the AssociationAssociation and/or the Complex Maintenance Body, as the case may be, within 15 (fifteen) days of demand by the Developer Promoters or the AssociationAssociation and/or the Complex Maintenance Body, as the case maybe, the Purchaser’s share of security deposit and/or the security deposit exclusively payable by the Purchaser for the said Flat, as the case may be, as may be so demanded by the concerned local authority or government for giving supply of water, electricity or any other service connection to the said Flat in the the building in which the said Flat Said Space is situated;