Common use of POSSESSION AND RISK Clause in Contracts

POSSESSION AND RISK. 4.1 The Seller shall give the Purchaser possession and occupation of the property against registration of transfer. 4.2 All risk and benefit in the property shall pass to the Purchaser against registration of transfer. 4.3 In the event of the Seller giving the Purchaser possession of the property prior to registration of transfer, all risk in the property shall pass to the Purchaser on possession and the Purchaser shall carry out any building work or other improvements thereon at its own risk and shall have no claim whatsoever against the Seller for any compensation in respect thereof.

POSSESSION AND RISK. 4.1 The Seller shall give the Purchaser possession and occupation of the property Property against registration of transfer. 4.2 All risk and benefit in the property Property shall pass to the Purchaser against registration of transfer. 4.3 In the event of the Seller giving the Purchaser possession of the property Property prior to registration of transfer, all risk in the property Property shall pass to the Purchaser on possession and the Purchaser shall carry out any building work or other improvements thereon at its own risk and shall have no claim whatsoever against the Seller for any compensation in respect thereof.

POSSESSION AND RISK. 4.1 The Seller shall give the Purchaser possession and occupation of the property against registration of transfer. 4.2 . All risk and benefit in the property shall pass to the Purchaser against registration of transfer. 4.3 . In the event of the Seller giving the Purchaser possession of the property prior to registration of transfer, all risk in the property shall pass to the Purchaser on possession and the Purchaser shall carry out any building work or other improvements thereon at its own risk and shall have no claim whatsoever against the Seller for any compensation in respect thereof.