Allotted Apartment definition
Examples of Allotted Apartment in a sentence
The Allottee shall also not change the colour scheme of the outer walls of the Building or painting of the exterior side of the windows of the Allotted Apartment or carry out any change in the exterior elevation or design of the Building.
Further the Allottee shall not store any hazardous or combustible goods in the Allotted Apartment or place any heavy material in the common passages or staircase of the Building.
The Allottee shall also not remove any wall including the outer and load bearing wall of the Allotted Apartment.
This Agreement, along with its schedules, constitutes the entire Agreement between the Parties with respect to the subject matter hereof and supersedes any and all understandings, any other agreements, allotment letter, correspondences, arrangements whether written or oral, if any, between the Parties in regard to the Allotted Apartment.
It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Allotted Apartment and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the Allotted Apartment, in case of a transfer, as the said obligations go along with the Allotted Apartment for all intents and purposes.
The Total Price above includes the booking amount paid by the Allottee to the Promoter towards the Allotted Apartment.
The Promoter shall not be responsible towards any third party making payment/remittances on behalf of any of the Allottee and such third party shall not have any right in the Allotted Apartment applied for herein in any way and the Promoter shall be issuing the payment receipts in favour of the Allottee only.
The Allottee may obtain finance from any financial institution/bank or any other source but the Allottee’s obligation to purchase the Allotted Apartment pursuant to this Agreement shall not be contingent on the Allottee’s ability or competency to obtain such finance and the Allottee shall remain bound by this Agreement whether or not he has been able to obtain finance for the purchase of the Apartment.
The Allottee shall observe and abide by all the byelaws, rules and regulations prescribed by the Association in regard to user and enjoyment of the Allotted Apartment and common areas and facilities in the Project.
The right of the Allottees/Apartment Acquirers will remain restricted to the particular Allotted Apartment intended to be acquired and all the unsold Apartments will remain vested in the Developer who will be free to deal with and/or dispose them off in any manner in its absolute discretion.