Common use of Land Share Clause in Contracts

Land Share. Undivided, impartible, proportionate and variable share in the land underneath the said Block as be attributable and appurtenant to the Said Flat/Unit (Land Share). The Land Share has been derived by taking into consideration the proportion which the area of the said Flat/Unit bears to the total area of the said Block.

Land Share. Undivided, impartible, proportionate and variable share in the land underneath the said Block as be attributable and appurtenant to the Said Flat/Unit Bungalow (Land Share). The Land Share has been derived by taking into consideration the proportion which the area of the said Flat/Unit Bungalow bears to the total area of the said Block.