Common use of Procedure for taking possession Clause in Contracts

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate from the competent authority shall offer in writing the possession of the Apartment, to the Allottee in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of completion certificate for the project. The Promoter shall hand over the occupancy certificate/completion certificate of the apartment/project, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 9 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate or such other certificate by whatever name called/ issued by the competent authority from the competent authority shall offer in writing the possession of the Apartment[Apartment / Plot], to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the and Allottee in case of failure of fulfillment fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Promoter/ association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/projectapartment / plot, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 7 contracts

Samples: Real Estate Regulatory Authority Town, Agreement for Sale, Real Estate Regulatory Authority Town

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate from the competent authority shall offer in writing the possession (“Possession Notice”) of the Apartment, to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of occupancy certificate/occupancy/ completion certificate. [Provided that, in certificate subject to due compliance of Clause 7.2 by the absence Allottee and subsequently the Deed of local law, the conveyance deed Conveyance shall be executed in favour of the allottee Allottee shall be carried out executed by the promoter Promoter and the Allottee within 3 (three) months from the date of issue of occupancy certificate/occupancy/ completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisionsprovision, formalities, documentation on of the part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined determine by the Promoter/association of allotteesAllottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/projectplot, as the case may be, to the allottee Allottee at the time of conveyance of the same.

Appears in 2 contracts

Samples: Agreement for Sale (Agreement, Agreement for Sale (Agreement

Procedure for taking possession. The Promoter, upon obtaining full payment of the occupancy house Apartment/plot from the Allottee and the completion certificate/completion certificate * from the competent authority shall offer in writing the possession of the house [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of completion occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of completion occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the completion occupancy certificate/completion certificate of the house apartment/projectplot, as the case may be, to the allottee at the time of conveyance of the same. That it shall be mandatory for the Allottee to become a member of the residents society, at the time of possession of the said property, and which shall be responsible for all maintenance and security provision of the premises as may be mutually decided later.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the completion certificate or the occupancy certificate/completion certificate , as the case may be, from the competent authority shall offer in writing the possession of the Apartment, to the Allottee in terms of this Agreement Agreement, such possession to be taken by the Allottee within 2 two (two2) months from the date of issue of the occupancy certificate/completion certificate. [Provided that, in the absence of local law, the lease/conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, formalities documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges charges, as determined by the Promoter/Promoter / association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/project, as the case may be, apartment to the allottee at the time of conveyance lease of the same.

Appears in 2 contracts

Samples: Draft Agreement to Lease, Draft Agreement to Lease

Procedure for taking possession. The PromoterProm oter, upon obtaining the occupancy certificate/certificate / completion certificate * from the competent authority shall offer in writing the possession of the [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue iss ue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificatecertificate /completion certificate ]. The Promoter Promot er agrees and undertakes to indemnify the Allottee in case of failure of fulfillment fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by b y the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/projectplot, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate from Partial Occupancy Certificatefrom the competent authority authority, shall offer in writing the possession of the Apartment, Apartment to the Allottee in terms of this Agreement to be taken within 2 (two) months two)months from the date of issue of occupancy certificate/completion certificatePartial Occupancy Certificate. [(Provided that, that in the absence of local law, the conveyance deed in favour of the allottee Allottee shall be carried out by the promoter Promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]Partial Occupancy Certificate). The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be be, after the issuance of completion certificate the Partial Occupancy Certificate for the project. The Promoter shall hand over the occupancy certificate/completion certificate Partial Occupancy Certificate of the apartment/projectApartment, as the case may be, to the allottee Allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the completion certificate or the occupancy certificate/completion certificate , as the case may be, from the competent authority shall offer in writing the possession of the Apartment, to the Allottee in terms of this Agreement Agreement, such possession to be taken by the Allottee within 2 two (two2) months from the date of issue of the occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance lease deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, formalities documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges charges, as determined by the Promoter/Promoter / association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over a copy of the occupancy certificate/completion certificate of the apartment/project, as the case may be, apartment to the allottee at the time of conveyance lease of the same.

Appears in 1 contract

Samples: Draft Agreement to Lease

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Procedure for taking possession. The Promoter, upon obtaining the completion/ occupancy certificatecertificate or such other certificate by whatever name called/completion certificate issued by the competent authority from the competent authority shall offer in writing the possession of the Apartment/Plot/Shop, to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of completion/ occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of completion/ occupancy certificate/completion certificate]. The certificate].The Promoter agrees and undertakes to indemnify the and Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Promoter/ association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the completion/ occupancy certificate/completion certificate of the apartmentApartment/projectPlot/Shop, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: ’s Agreement

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate * from the competent authority shall authority shall offer in writing the possession of the [Apartment, /Plot] to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence Contd . . .P/21 of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter Promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Promoter/ association of allottees, as the case may be be, after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/project, plot as the case may be, to the allottee Allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate or such other certificate by whatever name called/ issued by the competent authority from the competent authority shall offer in writing the possession of the ApartmentApartment (Condominium) / Villa, to the Allottee in terms of this Agreement to be taken within 2 (two) two months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/Promoter/ association of allottees, as the case may be after the issuance of the completion certificate / part completion certificate for the project. The Promoter promoter shall hand over a copy of the occupancy certificate/completion certificate of the apartment/projectApartment (Condominium) / Villa, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate * from the competent authority shall offer in writing the possession of the [Apartment/Plot/unit], to the Allottee in terms of this Agreement to be taken as per the provision of this act within 2 (two) two months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project. The Promoter promoter shall hand over the occupancy certificate/completion certificate of the apartment/projectPlot/unit, as the case may be, to the allottee as per the provision of this act at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

Procedure for taking possession. The Promoter, upon obtaining the occupancy certificate/completion certificate from the competent authority shall offer in writing the possession of the Apartment, to the Allottee in terms of this Agreement to be taken within 2 (two) months from the date of issue of occupancy certificate/completion certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 (three) months from the date of issue of occupancy certificate/completion certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of completion certificate for the project. The Promoter shall hand over the occupancy certificate/certificate/ completion certificate of the apartment/project, as the case may be, to the allottee at the time of conveyance of the same.

Appears in 1 contract

Samples: Agreement for Sale

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