Common use of TITLE DEED CONDITIONS Clause in Contracts

TITLE DEED CONDITIONS. 15.1 Val de Vie and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 (thirty six) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 (forty eight) after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the erf or any subdivision thereof or any interest therein [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 19.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be an owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred without the prior written consent of the erf or any subdivision thereof or any interest therein [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the erf or any subdivision thereof or any interest therein [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title. 4. Only a single storey dwelling may be constructed on the Property.”

TITLE DEED CONDITIONS. 15.1 Val de Vie Levendal and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 (thirty six) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 (forty eight) after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Homeowners Association (“HOA”) and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 (thirty six) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 (forty eight) after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the erf or any subdivision thereof or any interest therein VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. 2. Neither the erf nor any subdivision thereof or any interest therein The Property shall require compaction due to infilling and special precautions will be alienated, encumbered, or mortgaged necessary to or in favour of any person who has not bound itself to the satisfaction ensure safe development of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;Property. 23. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 34. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred without the prior written consent of the erf or any subdivision thereof or any interest therein [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the erf or any subdivision thereof or any interest therein [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) [relevant name to be confirmed before Transfer Date] HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 (thirty six) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 (forty eight) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 19.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Winelands Lifestyle Estate Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged alienated to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 19.1 PVI and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be an owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”

TITLE DEED CONDITIONS. 15.1 Val de Vie 17.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property-Property – 1. “Every owner The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the erf or any subdivision thereof or any interest therein VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and their every transferee and his successors-in-title shall automatically become and remain a member of the Val de Vie II Home Owners Association (“HOA”) VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. 2. Neither the erf nor any subdivision thereof or any interest therein The Property shall require compaction due to infilling and special precautions will be alienated, encumbered, or mortgaged necessary to or in favour of any person who has not bound itself to the satisfaction ensure safe development of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with;Property. 23. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 24 (thirty sixtwenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION from time to time; b. complete all building works as aforesaid within 48 36 (forty eightthirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 34. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”