Examples of Sectional Scheme in a sentence
In respect of Unit 29, Wandel Court, 80 2nd Street, Ekurhuleni Metropolitan Municipality, Registration Division IR, in the Province of Gauteng, more fully described under Scheme No. ST83219/2004 better known as Wandel Court Flat No. 44, 80-2nd Street, Springs, under deed number undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan, property held by Deed of Bond Sectional Scheme 23/1989.
DEED OF ADHERENCE I/we, the undersigned Name: Identity/ Registration Number: (the "Purchaser") is desirous of purchasing and acquiring a section/unit in the Sectional Scheme known as UPPER OAK (or any such other name approved by the surveyor general), situated at Remainder Erf 825 Muckleneuk Township of the scheme, with an address at 00 Xxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxxxx, Xxxxxxxx, 0000 (the “Scheme”) from Boundless Information Systems Trust, Registration Number: IT4562/99 (the "Seller").
DEED OF ADHERENCE I/we, the undersigned Name: Identity/ Registration Number: (the "Purchaser") is desirous of purchasing and acquiring a section/unit in the Sectional Scheme known as The Waterkloof (or any such other name approved by the surveyor general), situated at Xxx 0000 Xxxxxxxxxx Township and future extensions of the scheme, with an address at Rautenbach Street, Waterkloof, Pretoria, 0181 (the “Scheme”) from Coza Investments (Pty) Ltd (Registration Number: 2013/080150/07) (the "Seller").
The Sectional Title Act, 1986 (Act No. 95 of 1986) prescribes the framework for running the Sectional Scheme and allows for some changes in the spirit of the Act (Kelly, 2010).The researcher is of the opinion that this is a costly and partly impractical ownership structure for the poor, and it has not been used on a large scale by the South African government for affordable housing delivery.
The Purchaser acknowledges being aware thereof that he becomes a member of the Body Corporate of the Sectional Scheme on date of registration of the Property in his name.
The respondent is ordered to render a full account, supported by vouchers, of the sale of the immovable property described as SS Sectional Title Unit no 47 S[...]-O[...], Sectional Scheme number 286, City of Tshwane Metropolitan Municipality, Gauteng, also known as number 16 O[...], F[...] Street, E[...], Pretoria, Gauteng Province ("the property?).
The PURCHASER, by signing this agreement, acknowledges having fully acquainted himself with the section, its nature, condition, situation and extent, the plan, specification of finishes, the said Rules of the Sectional Scheme and all other relevant documents.
GENERAL Property Address: 7 Jacaranda Avenue, Craigavon, Fourways Erf & Suburb & City: Sections 3, 5 and 7 of the Sectional Scheme SS Hibiscus Lane Two SS 93/2009, Situated on Erf 968 Witkoppen 2.
Reconciliation of investment property at fair value - 2021 Investment propertyOpening balance6 240 000Total 6 240 000 Reconciliation of investment property at fair value - 2020 Investment propertyOpening balance6 240 000Total 6 240 000 Details of property Unit 11, Eulophia Corner, Sectional Scheme nr 378, Persequor, PretoriaTitle deed no.
A collective name given to all the owners in a scheme.Common Property: the area that is outside the flat but is part of the Sectional Scheme.