Common use of SECTIONAL PLAN Clause in Contracts

SECTIONAL PLAN. 14.1 The Purchaser acknowledges that the Sectional Plan has not yet been approved and that the exact boundaries of the Section forming part of the Property shall be those shown on the final approved Sectional Plan will be substantially in accordance with those set out in the Annexures. The undivided share of the Common Property apportioned to the Section shall be in accordance with the Participation Quota, which is ultimately determined in terms of the Act upon approval and registration of the Sectional Plan. 14.2 The Purchaser acknowledges that the extent of the Property on the final Sectional Plan will be measured by the Land Surveyor in accordance with the Act. It is specifically recorded that the extent includes internal walls within the Property and that, as a general rule, the Property boundary extends to the median line contiguous to the adjoining Units and Common Property. 14.3 The Purchaser shall not be entitled to claim cancellation of this Agreement or any reduction in the purchase price by reason of any minor alterations to the size of the Property to that shown on the Plans. For purposes of clarity and good order, a minor alteration in size shall be a decrease in the area of the Property greater than 5% (five per centum). The Purchaser undertakes to accept transfer of the Property as redefined and renumbered in the Sectional Plan approved by the relevant local authority and the Surveyor General. 14.4 The Land Surveyor shall have the sole decision upon whether a deviation referred to in clause 14.3 above is minor and his decision shall be binding upon the parties.

SECTIONAL PLAN. 14.1 The Purchaser acknowledges that the Sectional Plan has not yet been approved and that the exact boundaries of the Section forming part of the Property shall be those shown on the final approved Sectional Plan will be substantially in accordance with those set out in the Annexuresannexures hereto. The undivided share of the Common Property apportioned to the Section shall be in accordance with the Participation Quota, which is ultimately determined in terms of the Act upon approval and registration of the Sectional Plan. 14.2 The Purchaser acknowledges that the extent of the Property Unit on the final Sectional Plan will be measured by the Land Surveyor in accordance with the Act. It is specifically recorded that the extent includes internal walls within the Property Unit and that, as a general rule, the Property Unit boundary extends to the median line contiguous to the adjoining Units units and Common Property. 14.3 The Purchaser shall not be entitled to claim cancellation of this Agreement or any reduction in the purchase price by reason of any minor alterations alteration to the size of the Property any Section to that shown on the PlansPlans annexed hereto. For purposes of clarity and good order, a minor alteration in size shall be a decrease in the area of the Property Section or Unit not greater than 5% (five per centumpercent). The Purchaser undertakes to accept transfer of the Property Unit as redefined re-defined and renumbered in the Sectional Plan approved by the relevant local authority and the Surveyor General. 14.4 The Land Surveyor shall have the sole decision upon whether a deviation referred to in clause 14.3 16.3 above is minor and his decision shall be binding upon on the parties.

SECTIONAL PLAN. 14.1 16.1 The Purchaser acknowledges that the Sectional Plan has not yet been approved and that the exact boundaries of the Section forming part of the Property shall be those shown on the final approved Sectional Plan will be substantially in accordance with those set out in the Annexuresannexures hereto. The undivided share of the Common Property apportioned to the Section shall be in accordance with the Participation Quota, which is ultimately determined in terms of the Act upon approval and registration of the Sectional Plan. 14.2 16.2 The Purchaser acknowledges that the extent of the Property Unit on the final Sectional Plan will be measured by the Land Surveyor in accordance with the Act. It is specifically recorded that the extent includes internal walls within the Property Unit and that, as a general rule, the Property Unit boundary extends to the median line contiguous to the adjoining Units units and Common Property. 14.3 16.3 The Purchaser shall not be entitled to claim cancellation of this Agreement or any reduction in the purchase price by reason of any minor alterations alteration to the size of the Property any Section to that shown on the PlansPlans annexed hereto. For purposes of clarity and good order, a minor alteration in size shall be a decrease in the area of the Property Section or Unit not greater than 5% (five per centumpercent). The Purchaser undertakes to accept transfer of the Property Unit as redefined re-defined and renumbered in the Sectional Plan approved by the relevant local authority and the Surveyor General. 14.4 16.4 The Land Surveyor shall have the sole decision upon whether a deviation referred to in clause 14.3 16.3 above is minor and his decision shall be binding upon on the parties.