Common use of THE BODY CORPORATE Clause in Contracts

THE BODY CORPORATE. 23.1 The Purchaser acknowledges that the Purchaser has been made aware of the following material facts and circumstances relating to the Scheme and the Property on which the Scheme will be situated namely that the Seller shall when submitting the application for the registration of the Sectional Plan of the Scheme, register Management and Conduct Rules for the Scheme in terms of Section 35 of the Act as approved by the Chief Ombud acting in terms of the STSMA and the Regulations thereto. 23.2 The Scheme shall, in addition to the Act, be governed by the STSMA.

Appears in 4 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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THE BODY CORPORATE. 23.1 The Purchaser acknowledges that the Purchaser has been made aware of the following material facts and circumstances relating to the Scheme and the Property on development area within which the Scheme will be situated namely that the Seller shall when submitting the application for the registration of the Sectional Plan of the Scheme, register Management and Conduct Rules for the Scheme in terms of Section 35 of the Act as approved by the Chief Ombud acting in terms of the STSMA and the Regulations thereto. 23.2 The Scheme shall, in addition to the Act, be governed by the STSMA.

Appears in 2 contracts

Samples: Agreement of Sale, Agreement of Sale

THE BODY CORPORATE. 23.1 The Purchaser acknowledges that the Purchaser has been made aware of the following material facts and circumstances relating to the Scheme and the Property on development area within which the Scheme will be situated namely that the Seller shall when submitting the application for the registration of the Sectional Plan of the Scheme, register has filed Management and Conduct Rules for the Scheme in terms of Section 35 of the Act as approved by the Chief Ombud acting in terms of the STSMA and the Regulations thereto. 23.2 The Scheme shall, in addition to the Act, be governed by the STSMA.

Appears in 2 contracts

Samples: Agreement of Sale, Agreement of Sale

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THE BODY CORPORATE. 23.1 The Purchaser acknowledges that the Purchaser has been made aware of the following material facts and circumstances relating to the Scheme and the Property on which the Scheme will be situated namely that the Seller shall had when submitting the application for the registration of the Sectional Plan of the Scheme, register filed Management and Conduct Rules for the Scheme in terms of Section 35 of the Act as approved by the Chief Ombud acting in terms of the STSMA and the Regulations thereto. 23.2 The Scheme shall, in addition to the Act, be governed by the STSMA.

Appears in 1 contract

Samples: Agreement of Sale

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