real right definition

real right means any right which becomes a real right upon registration; “registered” means registered in a deeds registry;
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real right means a real right registered in terms of the Deeds Registries Act [Chapter 20:15] or the Mines and Minerals Act [Chapter 21:05];
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real right means the real right of extension that the SELLER reserves in its favour to erect up to a maximum of 184 units over a period of 20 years in terms of section 25(1) of the Sectional Titles Act, as amended, to be completed in phases as the market dictates;
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More Definitions of real right

real right means [delete any of the following that are not applicable]
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real right means any right which becomes a real right upon registration;
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real right means the right a person has over the property of another and include inter alia a long term lease, servitude, bond;
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real right means a right held by a person in immovable property (other than the owner of the property) which limits the owner’s efficient use of the property.
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Related to real right

  • Burial right means a right of earth interment.

  • Commercial Rights means any and all rights of a commercial nature connected with the Event including, without limitation, broadcasting rights, sponsorship rights, merchandising and licensing rights, ticketing rights, promotional rights, catering and hospitality rights, New Media rights and interactive games rights;

  • Original Rights shall have the meaning set forth in Section 1(f)(i) hereof.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Mineral Rights means all rights, whether contractual or otherwise, for the exploration for or exploitation of mineral resources and reserves together with surface rights, Water Rights, royalty interests, fee interests, joint venture interests and other leases, rights of way and enurements related to any such rights;