Apartment Acquirers definition
Examples of Apartment Acquirers in a sentence
It being made clear that cost and charges including stamp duty and registration for such conveyance shall be borne by the Association i.e the cost shall be shared proportionately among the Apartment Acquirers.
The mutual easements necessary for common user and enjoyment of the Tower and the Complex Common Portions by all the Apartment Acquirers as mentioned in Schedule-E.
The Developer may assign or delegate all or any of its rights and obligations hereunder including those as Trustees for the Apartment Acquirers to any other person or persons as it may deem fit to which the Apartment Acquirers shall not raise any objections of any nature whatsoever.
All dates mentioned herein and/or elsewhere in writing shall stand extended by the period for which the Developer may become unable to fulfil its obligations for intervening Force Majeure events or for reasons attributable to the Apartment Acquirers or for reasons beyond its control.
The Developer has drawn up these general terms and conditions (the "Apartment GTC") to provide for (i) the terms and conditions of provisional allotment and transfer of the Apartments to the eligible persons (the "Apartment Acquirers") and (ii) the manner of use and enjoyment by the Apartment Acquirers of their respective Apartments, the Tower and the Complex in general.
All rates, taxes and impositions on the Tower where the Apartment is situated and for the Complex as from the Possession Date until the same are separately assessed shall be borne and paid in proportionate shares by the Apartment Acquirers (the "Tax Share") on a monthly or such periodical basis and according to such estimates as be decided by the Developer and the Association after its formation.
The Apartment Acquirers shall have their respective Apartments separately mutated and assessed for the Rates and Taxes at their own costs and expenses with all authorities concerned.
The Apartment Acquirers will not have any right to any of the properties of the Club or regarding the formation or running of the Club and shall abide by all its rules and regulations.
The initial amount of the same will be provisionally assessed by the Developer and the Apartment Acquirers will pay the same to the Developer till such time the Association is not formed and the management and control of Complex is not handed over to the Association by the Developer.
In no circumstances whatsoever the Allottees or the Apartment Acquirers shall do any act, deed, matter or thing whereby the construction of any of the Towers or development of the Complex in general , of the Adjacent Land or the Additional Buildings is in any manner whatsoever, hindered, obstructed or impaired with.