Sectional Title Act definition

Sectional Title Act means the Sectional Title Act, Act 95 of 1986 as amended;
Sample 1Sample 2Sample 3
Sectional Title Act means the Sectional Titles Act No. 95 of 1986 as amended from time to time;
Sample 1
Sectional Title Act means the Sectional Titles Act No. 95 of 1986, as amended;
Sample 1

Examples of Sectional Title Act in a sentence

  • The SELLER warrants that Section 10 of the Sectional Title Act is not applicable to the transaction.

  • In the event of the property being part of a sectional title complex then the attention of the Purchaser is drawn to the fact that the original developer of the sectional title complex of which the unit herein purchased forms a part, has reserved to himself in terms of Section 25 of the Sectional Title Act, the right to erect and complete a further building or buildings or extensions to existing building/s upon the common property.

  • Owners on the Sectional Title Schemes acquired the “Right of extension” to register their properties in terms of the Sectional Title Act and were required to apply for Sectional Title registration when building plans had been approved and building was completed.

  • The requirements of what constitutes an Ordinary Resolution or a Special Resolution and who may vote at an Annual General Meeting or a Special General Meeting are set out in the Sectional Title Act and / or the Sectional Title Schemes Management Act.

  • The Purchaser hereby purchases from the Seller the following unit to be erected in the sectional title scheme known as WATERBERRY HEIGHTS which will be opened in terms of the Sectional Title Act no.

  • It is recorded that the Seller wishes to either reserve the right or already has reserved the right to develop the Scheme in phases according to the provision of Section 25 of the Sectional Title Act.

  • The Sectional Title Act, No 95 of 1986, as amended or replaced from time to time, read together with the Sectional Title Scheme Management Act 8 of 2011 and the Community Schemes Omhud Service Act 9 of 2011.

  • The Management Rules are the standard rules in terms of the regulations issued in term of the Sectional Title Act.

  • The PURCHASER acknowledges that there has / has not been a reservation by the developer of a right to extend in terms of Section 25 of the Sectional Title Act 95/1986 of the abovementioned Sectional Title Scheme.

  • In the event of the Property being part of a sectional title complex then the attention of the Purchaser is drawn to the fact that the original developer of the Sectional Title Complex of which the Unit herein purchased forms a part, has reserved to himself in terms of Section 25 of the Sectional Title Act, the right to erect and complete a further building or buildings or extensions to existing building/s upon the common property.

Related to Sectional Title Act

  • sectional title unit means a unit defined in section 1 of the Sectional Titles Act;

  • sectional title scheme means a scheme defined in section 1 of the Sectional Titles Act;

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Immaterial Title Deficiencies means minor defects or deficiencies in title which do not diminish more than 2% of the aggregate value of the Oil and Gas Properties evaluated in the Reserve Report used in the most recent determination of the Borrowing Base.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Fecal coliform means aerobic and facultative, Gram-negative, nonspore-forming, rod-shaped bacteria capable of growth at 44.5° C, and associated with fecal matter of warm-blooded animals;

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Class Title means the designation given under these rules to a class and to each position allocated to such class.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • REMIC I Assets All of the Mortgage Pool Assets.

  • Solid Waste Disposal Site means, as defined in NCGS 130A-290(a)(36), any place at which solid wastes are disposed of by incineration, sanitary landfill, or any other method.

  • Waste Disposal Site means a Waste Disposal Site which is not a Hauled Sewage Disposal Site, a Sewage Works or a Waste Stabilization Pond; and

  • Title Agent means a title insurance company or title agent selected by the Recipient and approved by the OPWC, which Title Agent shall be duly licensed and in good standing under the laws of the State.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • REMIC II Assets The REMIC I Regular Interests.

  • AT&T OHIO means the AT&T owned ILEC doing business in Ohio.

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Undivided Interest means the undivided interest in the Trust evidenced by an Investor Certificate.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Solid Waste Disposal Facility means any facility involved in the disposal of solid waste, as defined in NCGS 130A-290(a)(35).

  • Clean coal SNG facility means a facility that uses a

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • 2014-18 MSAA means the Multi-Sector Service Accountability Agreement April 1, 2014 to March 31, 2018.