SECTIONAL TITLE REGISTER Sample Clauses
The Sectional Title Register clause establishes the legal record for sectional title properties, detailing the ownership and boundaries of individual units within a larger property development. This register typically includes information such as unit numbers, floor plans, and the allocation of exclusive use areas or common property. By maintaining a clear and official record, the clause ensures that ownership rights are properly documented and disputes over property boundaries or usage are minimized.
SECTIONAL TITLE REGISTER. 26.2.1. This Agreement is subject to the condition precedent in that the Seller must be able to obtain approval of the Sectional Title Plan by the Surveyor-General as well as the opening of the Sectional Title Register, in terms of Section 11 of the STA, in the Cape Town Deeds Registry on or before the Transfer Date.
26.2.2. In the event of this condition not being fulfilled, the Seller will refund the Purchaser all amounts paid in terms of this Agreement.
SECTIONAL TITLE REGISTER. 21.1 It is recorded that the sectional title register has not yet been opened in respect of the land and the building or buildings comprising the scheme, and the PURCHASER acknowledges that it is not possible for transfer of the property to be registered into the name of the PURCHASER until such time as the sectional plan has been registered and a Sectional Title Register opened in terms of the Act.
21.2 The SELLER undertakes to take all such steps as may reasonably be necessary to procure the registration of the sectional plan and the opening of the Sectional Title Register as soon as possible.
SECTIONAL TITLE REGISTER. 15.1 This agreement is subject to the resolutive condition that if a township register in respect of the property and a sectional title register in respect of the development scheme is not opened within twenty-four months of the completion date which period may be extended at The Seller’s discretion should unforeseen circumstances arise which prevent the opening of the sectional title register within a period of twenty-four months, this agreement of sale shall lapse and be void and The Seller shall forthwith repay to The Purchaser all amounts paid on account of the purchase price together with any interest accrued thereon, provided that there shall be deducted there from any amount required to be expended by The Seller to repair any damage to The Property, legal costs, legal costs incurred in connection with the sale, any outstanding occupational rent and levies and any legal costs incurred in evicting The Purchaser from The Property should this become necessary. The Seller shall have a claim against The Purchaser in the event of a shortfall and it is agreed that no tenancy shall be created by The Purchaser taking occupation of The Property prior to transfer.
SECTIONAL TITLE REGISTER. 6.1.1 It is recorded that the Buildings may not yet have been completed and under such circumstances the Unit is sold off plan. All finishes will be as per the as-built unit specifications alternatively as per the Seller’s finishing board and specifications selected by the Purchaser in terms of 5.1.
6.1.2 It is not possible for the Seller to pass Transfer until such time as the Sectional Plan is approved by the Surveyor General in terms of section 7 of the Sectional Titles Act and the Register is opened in the Deeds Office in terms of section 12 (1)(b) of the Sectional Titles Act.
6.1.3 The Seller undertakes, at its own expense, to take such steps as may reasonably necessary to obtain approval of the Sectional Plan and to open the Register as contemplated in 6.1.1.
SECTIONAL TITLE REGISTER. This Agreement is subject to the condition in that the Seller must be able to obtain approval of the Sectional Plan by the Surveyor-General as well as the opening of the Sectional Title Register on or before the Transfer Date.
SECTIONAL TITLE REGISTER. It is not possible for the Seller to pass Transfer until such time as the Sectional Plan is approved by the Surveyor General and the Sectional Title Register is opened in the Deeds Office. The Seller undertakes, at its own expense, to take such steps as may reasonably necessary to obtain approval of the Sectional Plan and to open the Sectional Title Register.
SECTIONAL TITLE REGISTER. 26.4.1. This Agreement is subject to the condition precedent in that the Seller must be able to obtain approval of the Sectional Title Plan by the Surveyor-General as well as the opening of the Sectional Title Register in the Deeds Registry on or before the Transfer Date.
26.4.2. In the event of this condition not being fulfilled, the Seller will refund the Purchaser all amounts paid in terms of this Agreement.
SECTIONAL TITLE REGISTER. 16.1 The Parties agree and undertake that:
16.1.1 the Seller shall take all reasonable steps to procure the opening of the sectional title register as soon as possible after the approval of the sectional title plan;
16.1.2 if the Seller is unable to give transfer, despite the opening of the sectional title register, this Agreement shall lapse upon the Seller's notifying the Purchaser that it is not possible to register the transfer whereupon the deposit and interest accrued thereon shall be refunded to the Purchaser.
SECTIONAL TITLE REGISTER. 34.1.1. This Agreement is subject to the condition precedent in that the Seller must be able to obtain approval of the Sectional Title Plan by the Surveyor-General as well as the opening of the Sectional Title Register in the Cape Town Deeds Registry on or before the Transfer Date.
34.1.2. In the event of this condition not being fulfilled, the Seller will refund the Purchaser all amounts, inclusive of interest earned on trust investment, paid in terms of this Agreement.
34.1.3. This agreement is subject to the successful transfer of Erf 8620 and 30744 Goodwood into the name of the Seller.
34.1.4. The Seller reserves the right to only commence with the building of this project if 75% (Seventy Five per cent) of the proposed units have been successfully on or before 31 December 2013 and also if the suspensive conditions as referred to in clause 33.1. has been fulfilled before the same date as mentioned above, or such latter date as may be exclusively decided by of the Seller.