Common use of Acknowledgement by Purchaser Clause in Contracts

Acknowledgement by Purchaser. 1.1 The purchaser acknowledges that – 1.1.1 the sectional plan has not been approved by the surveyor general and that accordingly the exact and final boundary, area and number of the section will be that shown on the sectional plan which is finally approved by the surveyor general; 1.1.2 the sectional title register will be opened as soon as is reasonably possible after the practical completion date and approval of the sectional plan by the surveyor general. Transfer of the section shall take place simultaneously with or after opening of the sectional title register; 1.1.3 he has read and approved the annexures to the agreement and that he will be obliged to accept delivery of the section: 1.1.4 completed substantially according to the annexures; and 1.1.5 as finally depicted and delineated on the draft sectional plan. 1.1.6 the property hereby sold has been described with reference to the annexures especially "B" and "C".

Appears in 2 contracts

Sources: Sectional Title Agreement of Sale, Property Management & Real Estate

Acknowledgement by Purchaser. 1.1 The purchaser acknowledges that – 1.1.1 1.1 the sectional plan has not been approved by the surveyor general and that accordingly the exact and final boundary, area and number of the section will be that shown on the sectional plan which is finally approved by the surveyor general; 1.1.2 1.2 the sectional title register will be opened as soon as is reasonably possible after the practical completion date and approval of the sectional plan by the surveyor general. Transfer of the section shall take place simultaneously with or after opening of the sectional title register; 1.1.3 1.3 he has read and approved the annexures to the agreement and that he will be obliged to accept delivery of the section: 1.1.4 1.3.1 completed substantially according to the annexures; and 1.1.5 1.3.2 as finally depicted and delineated on the draft sectional plan. 1.1.6 1.4 the property hereby sold has been described with reference to the annexures especially "B" and "C".

Appears in 1 contract

Sources: Property Management Agreement