Common use of Procedure for taking Clause in Contracts

Procedure for taking. possession- The Promoter, upon obtaining the occupancy certificate (which may be partial) from the competent authority shall offer in writing the possession of the said Apartment, to the Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. Promoter shall give possession of the Apartment/Flat subject to the Allottee paid all their dues and comply with obligations. Provided that, the conveyance deed in favor of the Allottee shall be carried out by the Promoter within three months from the date of issue of occupancy certificate upon payment of Allottee stamp duty and registration charges, legal expenses. The Promoter agrees and undertakes to indemnify the Allottee(s) in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Association of Allottees, as the case may be, after the issuance of completion certificate for the Project. The Promoter shall handover copy of the occupancy certificate of the Apartment/ Flat, as the case may be, to the Allottee at the time of conveyance of the same at the Allottees cost and expenses.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Procedure for taking. possession- The Promoter, upon obtaining the occupancy certificate occupancycertificate (which may be partial) from the competent authority shall offer in writing the possession of the said Apartment, to the Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. Promoter shall give possession of the Apartment/Flat subject to the Allottee paid all their dues and comply with obligations. .Provided that, the conveyance deed in favor of the Allottee shall be carried out by the Promoter within three months from the date of issue of occupancy certificate upon payment of Allottee stamp duty and registration charges, legal expenses. The Promoter agrees and undertakes to indemnify the Allottee(s) in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Association of Allottees, as the case may be, after the issuance of completion certificate for the Project. The Promoter shall handover copy of the occupancy certificate of the Apartment/ Flat, as the case may be, to the Allottee at the time of conveyance of the same at the Allottees cost and expenses.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking. possession- The Promoter, upon obtaining the occupancy certificate (which may be partial) from the competent authority shall offer in writing the possession of the said Apartment, to the Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. Promoter shall give possession of the Apartment/Flat subject to the Allottee paid all their dues and comply with obligations. Provided that, the conveyance deed in favor of the Allottee shall be carried out by the Promoter within three months from the date of issue of occupancy certificate upon payment of Allottee stamp duty and registration charges, legal expenses. The Promoter agrees and undertakes to indemnify the Allottee(s) in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Promoter/ Association of Allottees, as the case may be, after the issuance of completion certificate for the Project. The Promoter shall handover copy of the occupancy certificate of the Apartment/ Flat, as the case may be, to the Allottee at the time of conveyance of the same at the Allottees cost and expenses.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking. possession- The Promoter, upon obtaining the occupancy certificate (which may be partial) from the competent authority shall offer in writing the possession of the said Apartment, to the Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. Promoter shall give possession of the Apartment/Flat subject to the Allottee it allottee paid all their dues and comply with obligations. Provided that, the conveyance deed in favor of the Allottee shall be carried out by the Promoter within three months from the date of issue of occupancy certificate upon payment of by Allottee stamp duty and registration charges, legal expenses. The Promoter agrees and undertakes to indemnify the Allottee(s) in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Association of Allottees, as the case may be, after the issuance of completion certificate for the Project. The Promoter shall handover copy of the occupancy certificate of the Apartment/ Flat, as the case may be, to the Allottee at the time of conveyance of the same at the Allottees cost and expenses.

Appears in 1 contract

Samples: Agreement for Sale

AutoNDA by SimpleDocs

Procedure for taking. possession- The Promoter, upon obtaining the occupancy certificate (which may be partial) from the competent authority shall offer in writing the possession of the said Apartment, to the Allottee(s) in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate. Promoter shall give possession of the Apartment/Flat subject to tp the Allottee paid all their dues and comply with obligations. Provided that, the conveyance deed in favor of the Allottee shall be carried out by the Promoter within three months from the date of issue of occupancy certificate upon payment of Allottee stamp duty and registration charges, legal expenses. The Promoter agrees and undertakes to indemnify the Allottee(s) in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee(s), after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Association of Allottees, as the case may be, after the issuance of completion certificate for the Project. The Promoter shall handover copy of the occupancy certificate of the Apartment/ Flat, as the case may be, to the Allottee at the time of conveyance of the same at the Allottees cost and expenses.

Appears in 1 contract

Samples: Agreement for Sale

Time is Money Join Law Insider Premium to draft better contracts faster.