Common use of Procedure for taking Clause in Contracts

Procedure for taking. possession - The Promoter, upon obtaining full payment of the Apartment/Pent Houses [Apartment/ROW-HOUSE] from the Allottee and the completion certificate* from the competent authority shall offer in writing the possession of the Apartment/Pent Houses, [Apartment/ROW-HOUSE] to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [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 completion occupancy certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, 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 the completion certificate for the project or from . . . . . . . . . .

Procedure for taking. possession - The Promoter, upon obtaining full payment of the ApartmentShops/Pent Houses Offices/Halls [Apartment/ROW-HOUSE] from the Allottee and the completion certificate* from the competent authority shall offer in writing the possession of the ApartmentShops/Pent HousesOffices/Halls, [Apartment/ROW-HOUSE] to the Allottee in terms of this Agreement to be taken within two months from the date of issue of completion occupancy certificate. [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 completion occupancy certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, 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 the completion certificate for the project or from . . . . . . . . . .