Association of Purchasers definition

Association of Purchasers means an association formed by the purchasers of units in the Project, as per the terms of the Agreement, for the purposes as mentioned in the Act;
Association of Purchasers means an association formed by the
Association of Purchasers means the Condominium/Association/ Syndicate/ Committee/ Body/ Society or Company, which would comprise the Vendor and the representatives of all the Purchasers of residential Flat Units (i.e. Apartment Owners in the Real Estate Projects)and be formed or incorporated with such rules and regulations as shall be framed at the instance of the Developer/Promoterunder the Applicable Lawsfor the Common Purposes in respect of the Property other

Examples of Association of Purchasers in a sentence

  • Further, possession of the Common Portions shall be handed over to the Association of Purchasers by the Promoter separately.

  • The Promoter shall, on and from the Date of Possession, hand over the maintenance of the Common Portions to the Association of Purchasers and it shall be solely responsible for maintenance of the Common Portions.


More Definitions of Association of Purchasers

Association of Purchasers means the condominium /Association of the Purchasers/Apartment Owners/Occupiers in the Real Estate Project as the case may be, which shall be formed by the Promoters under the Applicable Laws;
Association of Purchasers means an association formed by the purchasers of• units in the Project, as per the terms of the Agreement, for the purposes as mentioned in the Act;

Related to Association of Purchasers

  • Purchasers is defined in Section 12.3.1.

  • Memorandum of Association means the memorandum of association of the Company, as amended or substituted from time to time;

  • Master association means an organization that is authorized to exercise some or all of the powers of one or more associations on behalf of one or more common interest communities or for the benefit of the unit owners of one or more common interest communities.

  • Buyers has the meaning set forth in the preamble.

  • Placement Agents shall have the meaning set forth in the preamble.

  • Margin of purchase preference means the maximum extent to which the price quoted by a local supplier may be above the L1 for the purpose of purchase preference.