BODY CORPORATE Sample Clauses

BODY CORPORATE the Body Corporate of the development scheme as referred to in section 2(1) of the Sectional Titles Schemes Management Act, Act 8 of 2011, provided that the functions of the Body Corporate will be administered by the Seller in terms of the Sectional Titles Act (and who is authorised to appoint a managing agent for the interim) until the Body Corporate is formed.
BODY CORPORATE. The Purchaser shall be liable for levies and costs of electricity, effluent, water and gas (if applicable) from the Occupation Date or Transfer, whichever is the earlier, which amounts shall be payable monthly in advance on the first day of every month.
BODY CORPORATE. 18.1. The Purchaser will become a member of the Body Corporate and VUPA and become obliged to comply with all the obligations imposed upon him by the Rules, the Constitution, the STA and the STSMA, from the Transfer Date.
BODY CORPORATE. 18.1. The Body Corporate of the Scheme shall be established in terms of Section 36 of the STA and Section 2 of the STSMA.
BODY CORPORATE. 21.1 The Purchaser acknowledges that from the Date of Transfer, the Purchaser will become a member of the Body Corporate. The Purchaser accepts the Unit subject to the provisions of the STA and STSMA and the Rules relating to the duties and powers of the Body Corporate, and in particular assumes liability for contributions to the levies fund to be established for the repair, upkeep, control, management and administration of the common property and to the reserve fund and for other purposes described in the aforementioned Acts.
BODY CORPORATE. The Property is held under sectional title and the Purchaser acknowledges that by virtue of hi ownership of the Property upon transfer he will automatically become and remain a member of the Body Corporate in respect of the Scheme and as such will be bound by the Conduct Rules, Management Rules and Body Corporate Rules as applicable from time to time and will be entitled to vote at meetings of the members of the Body Corporate in respect of the Scheme. Seller Auctioneers Purchaser HEAD OFFICE Tel: 051 445 2031/2 | Fax: 086 585 0053 ǀ www.sagrouponline.co.za Clear Creek Trading 66 (Pty) Ltd t/a SA Auction | Reg. No: 2008/003218/07 |Vat No: 4880244928 Directors: R. Herbst ǀ J.G. Le Roux ǀ M.D. Swemmer Page 6 of 21 PROPERTY CONDITIONS OF SALE
BODY CORPORATE. 8.1 The Purchaser acknowledges that there are statutory restrictions on amending the management rules contemplated in section 35(2) and provided for in Annexure 8 of the Act. Certain of these rules may not be substituted, added to, amended or withdrawn by the Seller when submitting an application for the opening of a sectional title register. However, when making such an application, the Seller may, by the powers conferred upon it under section 11(3)(b) of the Act, impose registrable conditions and substitute any management rules contained in Annexure 8 of the Act, which is hereby done by substituting the management rules with the Constitution.