Common use of CONVEYANCE OF THE SAID PLOT Clause in Contracts

CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Plot together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy certificate* and the completion certificate (in case of plotted development), as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate / completion certificate (in case of plotted development)]. However, in case the Allottee fails to deposit the stamp duty and/ or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 5 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Plot together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy certificate* and the completion certificate (in case of plotted development)certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate / completion certificate (in case of plotted development)certificate]. However, in case the Allottee fails to deposit the stamp duty and/ or and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ his/her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement to Sale, Agreement for Sale

CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot [Plot] as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Plot [Plot] together with proportionate indivisible share in the Common Areas within 3 months from the date of receipt of full payment and issuance of the occupancy completion certificate* and the completion certificate (in case of plotted development), as the case may bewhichever is later, to the allotteeAllottee. [(Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of receipt of full payment and the issue of occupancy certificate / completion certificate (in case of plotted developmentcertificate, whichever is later)]. However, in case the Allottee fails to deposit the stamp duty and/ or and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ his/her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 1 contract

Samples: Agreement for Sale

CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot [Apartment/Plot] as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Plot plot together with proportionate indivisible share in the Common Areas within 3 months from the date of receipt of full payment and from the date of issuance of the occupancy certificate* and the completion certificate (in case of plotted development)certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate / completion certificate (in case of plotted development)certificate]. However, in case the Allottee fails to deposit the stamp duty and/ or and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ his/her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 1 contract

Samples: Agreement for Sale

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CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the Plot together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy occupancy/completion certificate* and the completion certificate (in case of plotted development)Completion/Occupancy certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate / occupancy/completion certificate (in case of plotted development)certificate]. However, in case the Allottee fails to deposit the stamp duty and/ or and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ his/her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 1 contract

Samples: Agreement for Sale

CONVEYANCE OF THE SAID PLOT. The Promoter, on receipt of Total Price of the Plot as per para 1.2 under the Agreement from the Allottee, shall execute a conveyance deed and or convey the title of the Plot together with proportionate indivisible share in the Common Areas within 3 months from the date of issuance of the occupancy occupancy/completion certificate* and the completion certificate (in case of plotted development)Completion/Occupancy certificate, as the case may be, to the allottee. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate / occupancy/completion certificate (in case of plotted development)certificate]. However, in case the Allottee fails to deposit the stamp duty and/ or and/or registration charges within the period mentioned in the notice, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/ his/her favour until payment of stamp duty and registration charges to the Promoter is made by the Allottee.

Appears in 1 contract

Samples: Agreement for Sale

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