Common use of CONDITIONS APPLICABLE PENDING TRANSFER Clause in Contracts

CONDITIONS APPLICABLE PENDING TRANSFER. As has already been referred to in this agreement, the common property will be owned and controlled by a body corporate for and on behalf of all owners including the purchaser. As the body corporate will only be established once the first transfer of a unit in the development has occurred, the Seller shall from the completion date and until the date of the establishment of the body corporate bear the rights and obligations of the body corporate. In this regard, during the period from the completion date until date of transfer, the following conditions shall apply:

CONDITIONS APPLICABLE PENDING TRANSFER. As has already been referred to in this agreement, the common property will be owned and controlled by a body corporate for and on behalf of all owners including the purchaserPurchaser. As the body corporate will only be established once the first transfer of a unit in the development has occurred, the Seller shall from the completion date and until the date of the establishment of the body corporate bear the rights and obligations of the body corporate. In this regard, during the period from the completion date until date of transfer, the following conditions shall apply:

CONDITIONS APPLICABLE PENDING TRANSFER. As has already been referred to in this agreement, the common property will be owned and controlled by a body corporate for and on behalf of all owners including the purchaserPurchaser. As the body corporate will only be established once the first transfer of a unit in the development has occurred, the Seller shall Developer shall, from the completion date and until the date of the establishment of the body corporate corporate, bear the rights and obligations of the body corporate. In this regard, during the period from the completion date until date of transfer, the following conditions shall apply:

CONDITIONS APPLICABLE PENDING TRANSFER. As has already been referred to in this agreement, the common property will be owned and controlled by a body corporate for and on behalf of all owners including the purchaser. As the body corporate will only be established once the first transfer of a unit in the development has occurred, the Seller shall from the completion date and until the date of the establishment of the body corporate bear the rights and obligations of the body corporatePurchaser. In this regard, during the period from the completion date until date of transfer, the following conditions shall apply:

CONDITIONS APPLICABLE PENDING TRANSFER. As has already been referred to inferred in this agreement, the common property will be owned and controlled by a body corporate for and on behalf of all owners including the purchaserPurchaser. As the body corporate will only be established once the first transfer of a unit section in the development building/s known as Seaboard Heights has occurredtaken place, the Seller has and shall from continue in the completion date interim and until the date of the establishment of the body corporate bear the rights and obligations of the body corporate. In this regard, during the this period from the completion date until date of transfer, the following conditions shall apply: