apartment owner definition

apartment owner means the person owning an apartment and an undivided interest in the common areas and facilities appurtenant to such apartment in the percentage specified in the conveyance deed of apartment;

apartment owner means the person or persons owning an apartment and an undivided interest in the common areas and facilities in the percentage specified and established in the Declaration;

apartment owner means unit owner as defined by the Condominium Act.

Examples of apartment owner in a sentence

• Each Apartment Owner has to pay a One-time Club House Development Charge of Rs.1,25,000/- (Rupees One Lakh Twenty-Five Thousand Only) for his/her/their membership to the Club.

• The Apartment Owner has to pay Rs.«Legal Documentation»/- (Rupees Twenty Thousand only) to the Promoter towards Legal Service and Documentation Charges including all out of pocket expenses incurred or to be incurred in connection with the Registration of the Agreement for Allotment/Deed of Sub-Lease/Under Lease/Transfer/Assignment.

• In the event of the sale or transfer of the rights of the Apartment Owner to a third party, the Apartment Owner shall notify the tenant in writing before the date on which the possession in the apartment is handed over, and the notice shall specify the purchaser's details and means of communication.

• If Resident has not vacated the Apartment, Owner shall give Resident written notice of such election, which shall constitute a demand for possession of the Apartment and shall be effective immediately upon its receipt by Resident or on the date stated therein.

• Each Apartment Owner has to pay a One-time Club House Development Charge of Rs. /- (Rupees Only) for his/her/their membership to the Club.

More Definitions of apartment owner

apartment owner means the person or persons owning an apartment, as herein defined, in fee simple abso- lute or qualified, by way of leasehold or by way of a periodic estate, or in any other manner in which real property may be owned, leased or possessed in this state, together with an undivided interest in a like estate of the common areas and facilities in the percentage specified and established in the declaration as duly recorded or as it may be lawfully amended.

apartment owner means the person or persons owning an

apartment owner means the person or persons owning an apartment or the promoter or his nominee in case of unsold apartments and an undivided interest in the common areas and facilities appurtenant to such apartment in the percentage specified in the Deed of Apartment and includes the lessee of the land on which the building containing such apartment has been constructed, where the lease of such land is for a period of thirty years or more;

apartment owner means the person owning, or the persons owning jointly or in common, an apartment and the common interest appertaining thereto; provided that to such extent and for such purposes, including the exercise of voting rights, as shall be provided by lease registered under chapter 501 or recorded under chapter 502, a lessee of an apartment shall be deemed to be the owner thereof.

apartment owner means the person or persons owning an apartment and an undivided interest in the common areas and facilities in the percentage specified in the Land Settlement (Apartment) Certificate and includes an outright purchaser or a hire purchase allotee of such apartment and undivided interest;

apartment owner or “Owner” means the person who owns, or the persons owning jointly or in common, an apartment and its appurtenant common interest.

apartment owner means the person or persons owning an apartment in fee simple absolute or qualified, or by way of a periodic estate, or in any other manner in which real property may be owned in this state, together with an undivided interest in a like estate of the common areas and facilities in the percentage specified and established in the recorded declaration;