Common use of Procedure for taking Clause in Contracts

Procedure for taking. possession - The Promoter, upon obtaining full payment of the LIG/ EWS flat/ Shops & Offices Apartment/plot from the Allottee and the completion certificate* from the competent authority shall offer in writing the possession of the LIG/ EWS flat/ Shops & Offices [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of completion occupancy certificate]. 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, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project or from 31/12/2018 onwards, whichever is earlier. The promoter shall hand over the completion occupancy certificate of the LIG/ EWS flat/ Shops & Offices apartment/plot, as the case may be, to the allottee at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the residents society, at the time of possession of the said property, which is already formed by the residents of Xxxxxxx Royal Palms (Phase-1, 2 & 3) and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 1 contract

Samples: Agreement for Sale

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Procedure for taking. possession - The Promoter, upon obtaining full payment f ull p ayment of the LIG/ EWS flat/ Shops & Offices Apartmentflat A partment/plot from the Allottee and the completion c ompletion certificate* from the competent authority shall offer in writing the possession of the LIG/ EWS flat/ Shops & Offices flat [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of completion occupancy certificate]. 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, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project or from 31/12/2018 31/01/2019 onwards, whichever w hichever is earlier. The promoter shall hand over the completion c ompletion occupancy certificate of the LIG/ L IG/ EWS flat/ Shops & Offices f lat apartment/plot, as the case may be, to the allottee at the time of conveyance of the same. That T hat it shall be mandatory for the Allottee to become a member of the residents society, at the time of possession of the said property, which is already formed by the residents of Xxxxxxx Royal Palms (Phase-1, 2 & 3) and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking. possession - The Promoter, upon obtaining full payment of the LIG/ EWS flat/ Shops & Offices flat Apartment/plot from the Allottee and the completion certificate* from the competent authority shall offer in writing the possession of the LIG/ EWS flat/ Shops & Offices flat [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of completion occupancy certificate]. 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, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project or from 31/12/2018 31/12/2022 onwards, whichever is earlier. The promoter shall hand over the completion occupancy certificate of the LIG/ EWS flat/ Shops & Offices flat apartment/plot, as the case may be, to the allottee at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the residents society, at the time of possession of the said property, which is already formed by the residents of Xxxxxxx Royal Palms Premier Orchard (Phase-1, 2 Phase-1 & 32) and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking. possession - The Promoter, upon obtaining full payment f ull p ayment of the LIG/ EWS flat/ Shops & Offices Apartment/plot from [Apartment / Plot] f rom the Allottee and the completion c ompletion certificate* from the competent authority shall offer in writing the possession of the LIG/ EWS flat/ Shops & Offices plot [Apartment/PlotA partment /Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of completion occupancy o ccupancy certificate]. 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, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project or o r from 31/12/2018 31/12/2022 onwards, whichever is earlier. The promoter shall hand over the completion occupancy c ompletion o ccupancy certificate of the LIG/ EWS flat/ Shops & Offices apartment/plotp lot [Apartment /Plot], as the case may be, to the allottee at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the residents society, society at the time of possession of the said property, which is already formed by the residents of Xxxxxxx Royal Palms (Phase-1, 2 & 3) and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 1 contract

Samples: Agreement for Sale

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Procedure for taking. possession - The Promoter, upon obtaining full payment of the LIG/ EWS flat/ Shops & Offices Apartment/plot Residential Cum Commercial Plot from the Allottee and the completion certificate* from the competent authority shall offer in writing the possession of the LIG/ EWS flat/ Shops & Offices Residential Cum Commercial Plot [Apartment/Residential Cum Commercial Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of completion occupancy certificate]. 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, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project or from 31/12/2018 onwards, whichever is earlier. The promoter shall hand over the completion occupancy certificate of the LIG/ EWS flat/ Shops & Offices Residential Cum Commercial Plot apartment/plotResidential Cum Commercial Plot, as the case may be, to the allottee at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the residents society, at the time of possession of the said property, which is already formed by the residents of Xxxxxxx Royal Palms (Phase-1, 2 & 3) “SIGNATURE 360” all phase and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 1 contract

Samples: Agreement for Sale

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