PHASED DEVELOPMENT. 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.
PHASED DEVELOPMENT. 17.1 The Seller reserves to itself, and to its successors in title , all such rights as are provided for in Section 25 of the Sectional Titles Act, to erect and complete a phased development on the Land from time to time, by not later than 50 (Fifty) years from the date of opening of the Sectional Title Register, for its personal account. The phased development may consist of a further Building or Buildings, a horizontal extension of an existing Building, or a vertical extension of an existing Building. The Seller shall be entitled to divide such Buildings into a section or sections and Common Property and to confer the right of exclusive use over parts of such Common Property upon the owner or owners of one or more such sections. 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.
PHASED DEVELOPMENT. This sale is subject to the following special conditions, which are imposed by the SELLER in terms of Section 11(2) of the ACT:
PHASED DEVELOPMENT. The Purchaser acknowledges that The Gates is to be developed in phases at the sole discretion of the developer. The developer may incorporate additional land in The Gates.
PHASED DEVELOPMENT. 18.1 The Purchaser is made aware that the Scheme is a phased development, as per annexure A attached hereto, and the Property forms part of a particular phase. The Purchaser agrees that initially, prior to completion of the entire Scheme, the phase in which the Property is located (along with all other completed phases, if any) will be a stand-alone Housing Development Scheme (as referred to in the Retired Person's Act).
PHASED DEVELOPMENT. The Purchaser acknowledges that he is aware that the Seller may decide to develop the scheme in phases, by erecting and completing, from time to time, further buildings on specified parts of the common property, to divide such buildings into sections and common property and confer the right of exclusive use over parts of such common property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act.
PHASED DEVELOPMENT. Developer intends to develop the Property in phases. Portions of the Property not under active development may remain in use as income- producing agricultural lands or as open space land.
PHASED DEVELOPMENT. This sale is subject to the following special conditions, which will be imposed by the Developer in terms of Section 11(2) of the Act: The developer, in terms of section 25 of the Act, hereby reserves for itself the real right to extend, for its personal account, the scheme by the erection and completion from time to time but within a period of 25 years of further buildings and to extend the scheme in terms of further phases.
PHASED DEVELOPMENT. This sale is subject to the following special condition which is imposed by the Seller in terms of Section 11(2) of Act 95/1986: The Seller, in terms of Section 25 of Act 95/1986, hereby reserves for itself the real right to extend, for its personal account, the Scheme by the erection and completion from time to time but within a period of 20 (twenty) years of:
PHASED DEVELOPMENT. 23.1 The SELLER reserves the right to erect and complete from time to time and within a period of 10 (TEN) years, for his own account, further buildings on the specified part of the common property and to divide such buildings into units and exclusive rights areas (if any), in terms of Section 25 of the Sectional Titles Act, and to obtain a certificate of real right.
