Sectional Titles Act definition
Examples of Sectional Titles Act in a sentence
It is recorded that the Seller has reserved the right to extend the scheme in phases, in terms of Section 25 of the Sectional Titles Act.
After completion of the extension to the Scheme as aforementioned, the participation quotas of all the Sections in the Scheme will be recalculated in accordance with the provisions of Section 32 of the Sectional Titles Act.
The Purchaser acknowledges that there is / is not (delete whichever is not applicable) a right to extend the Scheme in which the Property is incorporated in terms of Section 25 of the Sectional Titles Act.
Should there in the opinion of the trustees be a possibility that an alteration or addition may affect the structure, any servitude or implied servitude as defined in Section 28 of the Sectional Titles Act, 1986 the trustees may require a certificate signed by a practising civil engineer certifying that the proposed alterations or additions will not adversely affect the structure or any servitude or implied servitude before granting their consent to such alteration or addition.
It is recorded that a right to extend the scheme has been reserved in terms of subsection 25 (1) of the Sectional Titles Act 95 of 1986 by the erection of further units and exclusive use areas on the basis as provided for in the documents referred to in subsection 25 (2) of the Act which are filed in the relevant deeds registry.