Common use of COMMON MAINTENANCE Clause in Contracts

COMMON MAINTENANCE. Within 15 days after notice in writing is given by the Promoter to the Allottee that the said Apartment is ready for use and occupation, the Allottee shall be liable to bear and pay the proportionate share of outgoings namely local taxes, betterment charges or such other levies by the concerned local authority and/or water charges, insurance, common lights, repairs and salaries of clerks, ▇▇▇▇ collectors, chowkidars, sweepers and all other expenses necessary and incidental to the management and maintenance. Until, the Society is formed and the said structure of the building/s or wings is transferred to it, the Allottee shall pay to the Promoter such proportionate share of outgoings as may be determined. The Allottee further agrees that till the Allottee's share is so determined the Allottee shall pay to the Promoter provisional monthly contribution of Rs /- per month towards the outgoings. The amounts so paid by the Allottee to the Promoter shall not carry any interest and remain with the Promoter until a conveyance of the structure of the building or wing is executed in favour of the society as aforesaid. On such conveyance being executed, the balance amount, if any, after meeting all expenses as aforesaid shall be paid over by the Promoter to the Society. The Allottee undertakes to pay such provisional monthly contribution and such proportionate share of outgoings regularly on the 5th day of each and every month in advance and shall not withhold the same for any reason whatsoever. It is agreed that the non-payment or default in payment of outgoings on time by the Allottee shall be regarded as the default on the part of the Allottee. It is clarified that the Promoter shall not be liable to pay any maintenance charges for the unsold apartments.

Appears in 1 contract

Sources: Partnership Agreement

COMMON MAINTENANCE. Within 15 days after notice a. The Promoter/Developer has proposed to collect and the Allottee/Purchaser has agreed to pay an amount of Rs. /- (Rupees _ Only) being Twelve (12) months advance maintenance for the purpose of maintenance of Common areas and facilities listed in Annexure 5 which are a part of the Said Project and are to be deposited by the Allottee/Purchaser/s with the Promoter/Developer. As and when the Society/Association is formed, the Promoter/Developer shall transfer the remaining amount out of the advance maintenance so collected with him to the Society/Association as may be formed. It is further agreed by the Allottee/Purchaser herein that the Allottee/Purchaser will be liable to pay such maintenance amount irrespective of whether the physical possession of the Said Unit is taken by him/her or not and he/she shall be bound to pay the amount as soon as the Developer/ Promoter informs in writing is given by the Promoter to the Allottee Allottee/Purchaser herein that the said Apartment Said Unit is ready for use and occupation. The Promoter/Developer herein specifically informed to the Allottee/Purchaser that, the Allottee Promoter/Developer has intention to handover the aforesaid maintenance to the society/societies or ad-hoc committee of tenement holders in the Said Project within one year of the completion of Entire Project. b. The above mentioned maintenance charges shall include but not be liable restricted to bear following items for which it is to be utilized: i. Housekeeping and pay cleanliness. ii. Maintenance contracts of lifts, generators, pumping system, water pumps, Organic Waste Converter (OWC), Tank cleanings, Fire Fighting Equipment’s,(whatever of the proportionate share said are installed or provided.) iii. Common electricity bills for common area of outgoings namely local taxes, betterment charges buildings and common areas of the Society /apartment/ condominium or such other levies by the concerned local authority and/or Association or Limited Company. iv. Security charges. v. Gardening charges. vi. Expenses of water charges, insurance, common lights, repairs and salaries of clerks, ▇▇▇▇ collectors, chowkidars, sweepers as may be required to be purchased from private sources and all other expenses necessary related expenses. vii. Administration expenses, salaries, remunerations, commissions, payments of work orders, etc. for staff engaged in day to day expenses viii. Non agricultural taxes if any applicable and incidental to the management any other similar taxes ix. Pest control expenses x. Expenses incurred for maintenance of common service lines & replacements of electric switches /light points. xi. Elevator repairs & maintenance contracts along with lift inspection charges. xii. Fire fighting certification xiii. Operational and maintenance. Until, the Society is formed and the said structure of the building/s or wings is transferred to it, the Allottee shall pay to the Promoter such proportionate share of outgoings as may be determined. The Allottee further agrees that till the Allottee's share is so determined the Allottee shall pay to the Promoter provisional monthly contribution of Rs /- per month towards the outgoings. The amounts so paid by the Allottee to the Promoter shall not carry any interest and remain with the Promoter until a conveyance of the structure of the building or wing is executed in favour of the society as aforesaid. On such conveyance being executed, the balance amount, if any, after meeting all expenses as aforesaid shall be paid over by the Promoter to the Society. The Allottee undertakes to pay such provisional monthly contribution and such proportionate share of outgoings regularly on the 5th day of each and every month in advance and shall not withhold the same for any reason whatsoever. It is agreed that the non-payment or default in payment of outgoings on time by the Allottee shall be regarded as the default on the part of the Allottee. It is clarified that the Promoter shall not be liable to pay any maintenance electricity charges for the unsold apartments.sewage treatment plant for the Society /apartment/ condominium or Association or Limited Company

Appears in 1 contract

Sources: Articles of Agreement