Common use of Procedure for taking Clause in Contracts

Procedure for taking. possession- The Vendor, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Unit/Apartment, to the Purchaser/Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the Purchaser/Allottee shall be carried out by the Vendor within three months from the date of issue of occupancy certificate]. The Vendor agrees and undertakes to indemnify the Purchaser/Allottee(s) in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Vendor. The Purchaser/Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Vendor/ Association of Purchaser/Allottees, as the case may be, after the issuance of completion certificate for the Project. The Vendor shall handover the occupancy certificate of the Apartment, as the case may be, to the Purchaser/Allottee at the time of conveyance of the same.

Procedure for taking. possession- The Vendor/Developer, upon obtaining the occupancy certificate occupancycertificate from the competent authority shall offer in writing the possession of the [Apartment/ Unit/Apartment], to the Purchaser/Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour favor of the Purchaser/Allottee shall be carried out by the Vendor Vendor/Developer within three months from the date of issue of occupancy certificate]. The Vendor Vendor/Developer agrees and undertakes to indemnify the Purchaser/Allottee(s) in case of failure of fulfilment fulfillment of any of the provisions, formalities, documentation on part of the Vendor/Developer. The Purchaser/Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Vendor/ Vendor/Developer / Association of Purchaser/Allottees, as the case may be, after the issuance of completion certificate for the Project. The Vendor Promoter shall handover the occupancy certificate of the ApartmentApartment/ Unit, as the case may be, to the Purchaser/Allottee at the time of conveyance of the same.

Procedure for taking. possession- The Vendor, upon obtaining the occupancy certificate occupancycertificate from the competent authority shall offer in writing the possession of the Unit/Apartment, to the Purchaser/Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the Purchaser/Allottee shall be carried out by the Vendor within three months from the date of issue of occupancy certificate]. The Vendor agrees and undertakes to indemnify the Purchaser/Allottee(s) in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Vendor. The Purchaser/Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Vendor/ Association of Purchaser/Allottees, as the case may be, after the issuance of completion certificate for the Project. The Vendor shall handover the occupancy certificate of the Apartment, as the case may be, to the Purchaser/Allottee at the time of conveyance of the same.

Procedure for taking. possession- The Vendor/Developer, upon obtaining the occupancy certificate occupancycertificate from the competent authority shall offer in writing the possession of the [Apartment/ Unit/Apartment], to the Purchaser/Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour favor of the Purchaser/Allottee shall be carried out by the Vendor Vendor/Developer within three months from the date of issue of occupancy certificate]. The Vendor Vendor/Xxxxxxxxx agrees and undertakes to indemnify the Purchaser/Allottee(s) in case of failure of fulfilment fulfillment of any of the provisions, formalities, documentation on part of the Vendor/Developer. The Purchaser/Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Vendor/ Vendor/Developer / Association of Purchaser/Allottees, as the case may be, after the issuance of completion certificate for the Project. The Vendor Promoter shall handover the occupancy certificate of the ApartmentApartment/ Unit, as the case may be, to the Purchaser/Allottee at the time of conveyance of the same.