Agreement of Sale of a Sectional Title Property Sample Contracts

THE PARTICIPATION QUOTA
Agreement of Sale of a Sectional Title Property • February 11th, 2022

The participation quota means the percentage expressed to four decimal points allocated to the Property in the sectional plans in respect of the scheme as registered and filed in the office of the appropriate Registrar of Deeds or, in the event of such sectional plans not having been registered, calculated by dividing the floor area of the section by the floor area of all the sections in the buildings comprising the scheme.

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THE PARTICIPATION QUOTA
Agreement of Sale of a Sectional Title Property • August 1st, 2024

The participation quota means the percentage expressed to four decimal points allocated to the Property in the sectional plans in respect of the scheme as registered and filed in the office of the appropriate Registrar of Deeds or, in the event of such sectional plans not having been registered, calculated by dividing the floor area of the section by the floor area of all the sections in the buildings comprising the scheme.

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