Common use of THE RULES Clause in Contracts

THE RULES. 15.1 The law requires the owners of units in the development to conduct themselves with consideration for the rights of other owners and the body corporate itself and provides for the creation of body corporate rules to ensure this. The rules also deal with procedural issues in the running of the body corporate / the development. 15.2 The Body Corporate Management and Conduct rules prescribed in Section 10 of the New Act, as amended by the Developer prior to the establishment of the Body Corporate shall apply to the development. 15.3 These rules are therefore for the benefit of all the persons who will own units in the development or live in the development. 15.4 The Purchaser undertakes to comply with these rules and to ensure that any tenants or resident/s of his unit also comply. 15.5 The Purchaser acknowledges and undertakes to the Seller/ Developer that any Lease Agreement entered into between the Purchaser and a Tenant shall be entered into on the attorneys approved lease agreement with the applicable annexures attached thereto, which shall be supplied to the parties upon request at no charge to either party, and which shall be signed by the Tenant. Failure to do so shall result in the lease being legally unenforceable. All signed leases shall be approved by the attorneys prior to any Tenant taking occupation of the property. The Purchaser hereby acknowledges that all tenants shall be bound by the provisions of the Conradie Park Property Owners Association Constitution and the Forest Walk Body Corporate’s Management & Conduct Rules.

THE RULES. 15.1 The law requires the owners of units in the development to conduct themselves with consideration for the rights of other owners and the body corporate itself and provides for the creation of body corporate rules to ensure this. The rules also deal with procedural issues in the running of the body corporate / the development. 15.2 The Body Corporate Management and Conduct rules prescribed in Section 10 of the New Act, as amended by the Developer prior to the establishment of the Body Corporate shall apply to the development. 15.3 These rules are therefore for the benefit of all the persons who will own units in the development or live in the development. 15.4 The Purchaser undertakes to comply with these rules and to ensure that any tenants or resident/s of his unit also comply. 15.5 The Purchaser acknowledges and undertakes to the Seller/ Developer that any Lease Agreement entered into between the Purchaser and a Tenant shall be entered into on the attorneys approved lease agreement with the applicable annexures attached thereto, which shall be supplied to the parties upon request at no charge to either party, and which shall be signed by the Tenant. Failure to do so shall result in the lease being legally unenforceable. All signed leases shall be approved by the attorneys prior to any Tenant taking occupation of the property. The Purchaser hereby acknowledges that all tenants shall be bound by the provisions of the Conradie Park Property Owners Association Constitution and the Forest Walk Silvermine Body Corporate’s Management & Conduct Rules.

THE RULES. 15.1 The law requires the owners of units in the development to conduct themselves with consideration for the rights of other owners and the body corporate itself and provides for the creation of body corporate rules to ensure this. The rules also deal with procedural issues in the running of the body corporate / the development. 15.2 The Body Corporate Management and Conduct rules prescribed in Section 10 of the New Act, as amended by the Developer prior to the establishment of the Body Corporate shall apply to the development. 15.3 These rules are therefore for the benefit of all the persons who will own units in the development or live in the development. 15.4 The Purchaser undertakes to comply with these rules and to ensure that any tenants or resident/s of his unit also comply. 15.5 The Purchaser acknowledges and undertakes to the Seller/ Developer that any Lease Agreement entered into between the Purchaser and a Tenant shall be entered into on the attorneys approved lease agreement with the applicable annexures attached thereto, which shall be supplied to the parties upon request at no charge to either party, and which shall be signed by the Tenant. Failure to do so shall result in the lease being legally unenforceable. All signed leases shall be approved by the attorneys prior to any Tenant taking occupation of the property. The Purchaser hereby acknowledges that all tenants shall be bound by the provisions of the Conradie Park Property Owners Association Constitution and the Forest Walk Kings Blockhouse Body Corporate’s Management & Conduct Rules.