Common use of DEEMED POSSESSION Clause in Contracts

DEEMED POSSESSION. It is understood by the Allottee that even if the Allottee fails to take possession of the Apartment, within the date such possession is offered by the Developer, the Allottee shall be deemed to have taken possession on the 15th day from the date of such notice which date, for all purposes and irrespective of the actual date when the Allottee takes physical possession of the Apartment, , will be deemed to be the deemed possession date (“Possession Date”).

DEEMED POSSESSION. It is understood by the Allottee that even if the Allottee fails to take possession of the ApartmentRow House / Bungalow, within the date such possession is offered by the DeveloperPromoter, the Allottee shall be deemed to have taken possession on the 15th day from the date of such notice which date, for all purposes and irrespective of the actual date when the Allottee takes physical possession of the Apartment, , Row House / Bungalow will be deemed to be the deemed possession date (“Possession Date”).. On and from the Possession Date:

DEEMED POSSESSION. It is understood by the Allottee Allottees that even if the Allottee Allottees fails to take possession of the Apartment, Apartment within the date such possession is offered by the DeveloperPromoter, the Allottee Allottees shall be deemed to have taken possession on the 15th day 15 days from the date of such notice which date, for all purposes and irrespective of the actual date when the Allottee Allottees takes physical possession of the Apartment, , will be deemed to be the deemed possession date (“Possession Date”).