Common use of Procedure for Clause in Contracts

Procedure for. taking possession- Upon the Promoter obtaining the completion certificate or the occupancy certificate, as the case may be, from the competent authority and upon the Sellers’ receiving all payments from the Allottee as per this Agreement, the Sellers shall offer in writing the possession of the Apartment, to the Allottee in terms of this Agreement, such possession to be taken by the Allottee within two (2) months from the date of issue of the completion certificate or the occupancy certificate, as the case may be. The Sellers agrees and undertakes to indemnify the Allottee in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Sellers. The Allottee shall take possession of the Apartment within 15 (fifteen) days of the written notice from the Sellers to the Allottee intimating that the said Apartment is ready for use and occupy (hereinafter referred to as the “Possession Date”). The Allottee, after taking possession, agrees to pay the maintenance charges as determined by the Promoter/ Sellers/Association, as the case may be after the issuance of the completion certificate for the Project, in accordance with the provisions of this Agreement. The Promoter shall hand over the occupancy certificate of the Apartment, if any, to the Allottee at the time of conveyance of the same.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

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Procedure for. taking possession- Upon the Promoter possession - The Promoter, upon obtaining the completion certificate or full payment of the Apartment/Shop/Flat from the Allottee occupancy certificate, as the case may be, * from the competent authority and upon the Sellers’ receiving all payments from the Allottee as per this Agreement, the Sellers shall offer in writing the possession of the Apartment/Shop/Flat, to the Allottee in terms of this Agreement, such possession Agreement to be taken by the Allottee within two (2) months from the date of issue of the completion certificate or the occupancy certificate. [Provided that, as in the case may beabsence of local law, the conveyance deed in favour of the Allottees shall be carried out by the promoter within 3 months from the date of issue of occupancy completion certificate] registration of the Apartment/Shop/Flat. The Sellers Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Sellers. The Allottee shall take possession of the Apartment within 15 (fifteen) days of the written notice from the Sellers to the Allottee intimating that the said Apartment is ready for use and occupy (hereinafter referred to as the “Possession Date”)Promoter. The Allottee, after taking possession, agrees agree(s) to pay the maintenance charges as determined by the Promoter/ SellersPromoter/Associationassociation of Allottees, as the case may be after the issuance of the completion certificate for the Projectproject or from / / onwards, in accordance with the provisions of this Agreementwhichever is earlier. The Promoter promoter shall hand over the occupancy certificate of the Apartment/Shop/Flat , if anyas the case may be, to the Allottee Allottees at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the Sagar Green Hills Phase-II A maintenance society, at the time of possession of the said property, which shall be formed by the residents of Sagar Green Hills Phase-II A and which shall be responsible for all maintenance and security provision of the from / / onwards.

Appears in 2 contracts

Samples: www.rera.mp.gov.in, www.rera.mp.gov.in

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Procedure for. taking possession- Upon possession - The Promoter, upon obtaining full payment of the Promoter obtaining row house Apartment/plot from the Allottee and the completion certificate or the occupancy certificate, as the case may be, * from the competent authority and upon the Sellers’ receiving all payments from the Allottee as per this Agreement, the Sellers shall offer in writing the possession of the row house [Apartment/Plot], to the Allottee in terms of this Agreement, such possession Agreement to be taken by the Allottee within two (2) months from the date of issue of the completion certificate or the occupancy certificate. [Provided that, as in the case may beabsence 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 Sellers Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfilment fulfillment of any of the provisions, formalities, documentation on part of the Sellers. The Allottee shall take possession of the Apartment within 15 (fifteen) days of the written notice from the Sellers to the Allottee intimating that the said Apartment is ready for use and occupy (hereinafter referred to as the “Possession Date”)Promoter. The Allottee, after taking possession, agrees agree(s) to pay the maintenance charges as determined by the Promoter/ SellersPromoter/Associationassociation of allottees, as the case may be after the issuance of the completion certificate for the Projectproject or from 31/12/2021 onwards, in accordance with the provisions of this Agreementwhichever is earlier. The Promoter promoter shall hand over the completion occupancy certificate of the Apartmentrow house apartment/plot, if anyas the case may be, to the Allottee 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 shall be formed by the residents of the colony 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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