Notice of Possession definition

Notice of Possession means the notice given by the Builder to the Purchaser in terms of clause 6.1 herein below stating that the said Unit is ready for possession.
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Notice of Possession shall have the same meaning as ascribed to it in Clause 16.2 of this Agreement.
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Notice of Possession means a written notice given by the Developer to the Buyer(s)/Allottee(s) to take over the physical possession of the said Flat within 60 (Sixty) days from the date of receiving occupancy Certificate.
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Examples of Notice of Possession in a sentence

  • Allottees of every phase will be entitled to use the Club as and when they get possession (Maximum three months from Notice of Possession).

  • Upon receiving a written intimation from the Promoter (Notice of Possession) as per para 7.2, the Allottee shall take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment to the Allottee.

  • In case the delivery of physical possession of the Apartment is withheld by the Allottee on any grounds/reasons, the physical possession of the Apartment shall be deemed to have been taken by the Allottee on the Deemed Date of Possession as indicated in the Notice of Possession and morefully described in Clause 7.3 below.


More Definitions of Notice of Possession

Notice of Possession means the notice given by the Developer to the Purchaser stating that the said Unit is ready for possession.
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Related to Notice of Possession

  • Notice of Dissatisfaction means the notice given by either Party to the other indicating its dissatisfaction and intention to commence arbitration.