Common use of Restriction on Alienation Clause in Contracts

Restriction on Alienation. This erf shall not be sold or alienated in any way nor shall any transfer thereof be registered without the written consent of the HOA and Combined Developers (Pty) Ltd, which consent will not be unreasonably withheld. By registering this condition against the title deed of the property, it allows the developer and the HOA to uphold and safeguard the standard and condition of the development as intended, and it ensures compliance by the owners of all the estate rules and architectural guidelines pertaining thereto, which in turn shall also be to the benefit of the owners.

Appears in 25 contracts

Samples: www.pamgolding.co.za, www.pamgolding.co.za, thekingsley.co.za

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