Building Management. (a) The Purchaser acknowledges and agrees that it is intended by the Seller that the Building Owners Association/Owners Committee shall be formed in accordance with the Applicable Law presently the Law no. 6 of 2019 in respect of the Building. The Building Management Statement shall detail the matters relating to the Management of the Building after Completion. (b) Upon Registration of the transfer of the Unit from the Seller to the Purchaser, the Purchaser, as Unit Owner, shall be a member of the Building Owners Association and, together with all Unit Owners, shall be bound by the terms of the Building JOPD prepared by the Seller in accordance with the Jointly Owned Property Law and the Applicable Law. (c) The Purchaser is solely liable for and must pay all Building Service Charges and other outgoings that may be levied by the Building Manager in accordance with the Applicable Law issued by any Relevant Authority (or the Seller on their behalf) on or with respect to the Unit from the Completion Date.
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Sources: Sales Purchase Agreement, Sales Purchase Agreement, Sales Purchase Agreement