POSSESSION OF THE DESIGNATED APARTMENT Sample Clauses

POSSESSION OF THE DESIGNATED APARTMENT. 7.1 Schedule for possession of the said Designated Apartment-
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POSSESSION OF THE DESIGNATED APARTMENT. The Purchaser acknowledges and confirms that the Promoter has carried out timely delivery of possession of the Designated Apartment to the Purchaser and the common areas to the Association duly made ready and complete with all specifications, amenities and facilities of the project and the Association also confirms its acceptance of the same.
POSSESSION OF THE DESIGNATED APARTMENT. 7.1 Schedule for possession of the said Designated Apartment- The Promoter agrees and understands that timely delivery of possession of the Designated Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Designated Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place within with a grace period up to 6 (six) months unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake, epidemic, pandemic or any other calamity caused by nature or other exigency affecting the regular development of the real estate project (“Force Majeure.”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Apartment. Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee agrees and confirms that, in the event it becomes, impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee the entire amount received by the Promoter from the allotment within 45 (forty-five) days from that date. The promoter shall intimate the Allottee about such termination at least 30 (thirty) days prior to such termination. After refund of the money paid by the Allottee, the Allottee agrees that he/she shall not have any rights, claims etc. against the Promoter and the Owner and that the Promoter and the Owner shall be released and discharged from all its obligations and liabilities under this Agreement. 7.2 Procedure for taking possession- The Promoter, upon obtaining the completion certificate * from the competent authority shall offer in writing the possession of the Designated Apartment, to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion certificate, Provided that, in the absence of local law, the delivery of possession and execution of conveyance deed in favour of the Allottee shall be simultaneously carried out by the Promoter within 3 months from the date of issue of completion certificate Provided the Allottee takes such possess...
POSSESSION OF THE DESIGNATED APARTMENT. Schedule for possession of the said Designated Apartment- Procedure for taking possession -The Promoter, upon obtaining the occupancy certificate* from the competent authority shall offer in writing the possession of the Unit, to the Allottee in terms of this Agreement to be taken within 3 (three) months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be. The Promoter, on its behalf shall offer possession of the Unit within 90days of receiving the occupancy certificate* of the Project/Building containing the Unit.
POSSESSION OF THE DESIGNATED APARTMENT. The Purchaser acknowledges and confirms that the Promoter has carried out delivery of possession of the Designated Apartment to the Purchaser to its complete satisfaction and the Purchaser has no claim against the Promoter or the Owners in respect thereof. The Purchaser further acknowledges and confirms the terms and conditions pertaining to delivery of the common areas as contained herein and accepts the same unequivocally. The Purchaser has inspected all Common Areas and verified the same from those agreed as per the Agreement for Sale and found those present at the time of execution of these presents to be acceptable and to his complete satisfaction without any objection or claim whatsoever against the Promoter or the Owners. 8 MAINTENANCE OF THE SAID BUILDING / APARTMENT / PROJECT: The Maintenance In-charge shall be responsible to provide and maintain essential services in the Project. The cost of such maintenance shall be payable by the Purchaser separately to the Maintenance In-charge. 8.2 Maintenance In-charge:
POSSESSION OF THE DESIGNATED APARTMENT. The Purchaser acknowledges and confirms that the Promoter has carried out timely delivery of possession of the Designated Apartment to the Purchaser. The common areas as specified in Schedule D and Schedule E hereunder to 4 If and as applicable the Association are duly made ready and complete with all specifications, amenities and facilities of the project and [has been/shall be handed over to the Association (save the Club Facility to be handed over as per Part-III of Schedule E)] *5 .
POSSESSION OF THE DESIGNATED APARTMENT. The Purchaser acknowledges and confirms that the Promoter has carried out timely delivery of possession of the Unit and the Parking Facility, if any, to the Purchaser and the Common Areas to the Maintenance In-charge duly made ready and complete with all specifications, amenities and facilities of the project and the Association6 also confirms its acceptance of the same. The Service Unit shall be delivered by the Promoter to the Purchaser and owners, for the time being, of remaining undivided share therein within 120 days from the date of execution hereof after providing the basic fitouts.
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POSSESSION OF THE DESIGNATED APARTMENT 

Related to POSSESSION OF THE DESIGNATED APARTMENT

  • POSSESSION OF THE APARTMENT/PLOT 7.1 Schedule for possession of the said [Apartment/Plot] - The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the [Apartment/Plot] along with ready and complete common areas with all specifications, amenities and facilities of the project in place on , unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee the entire amount received by the Promoter from the allotment within 60 days from that date. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

  • CONSTRUCTION OF THE PROJECT/ APARTMENT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment/Plot] and accepted the floor plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the [Please insert the relevant State laws]and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

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