Common use of COMMON PROPERTY IMPROVEMENTS Clause in Contracts

COMMON PROPERTY IMPROVEMENTS. 23.1 The PURCHASER acknowledges that the ARCHITECT will accept handover of all the improvements constructed on the Common Properties on behalf of the Body Corporate and issue a certificate of completion for such improvements after he has satisfied himself that the facilities are fit for beneficial use. 23.2 The PURCHASER acknowledges that on the possession date, the COMMON PROPERTY and other SECTIONS may be incomplete and the PURCHASER and other occupiers must necessarily suffer inconvenience from building operations and from the noise and dust resulting therefrom and that the PURCHASER shall have no claim against the SELLER nor be entitled to any reduction in the purchase price by reason of any such inconvenience, provided that such inconvenience is not caused by the intentional or grossly negligent act/s of the SELLER or its AGENT/S or its employee/s.

Appears in 3 contracts

Sources: Agreement of Sale, Agreement of Sale, Agreement of Sale

COMMON PROPERTY IMPROVEMENTS. 23.1 22.1 The PURCHASER acknowledges that the ARCHITECT will accept handover of all the improvements constructed on the Common Properties on behalf of the Body Corporate and issue a certificate of completion for such improvements after he has satisfied himself that the facilities are fit for beneficial use. 23.2 22.2 The PURCHASER acknowledges that on the possession date, the COMMON PROPERTY and other SECTIONS may be incomplete and the PURCHASER and other occupiers must necessarily suffer inconvenience from building operations and from the noise and dust resulting therefrom and that the PURCHASER shall have no claim against the SELLER nor be entitled to any reduction in the purchase price by reason of any such inconvenience, provided that such inconvenience is not caused by the intentional or grossly negligent act/s of the SELLER or its AGENT/S or its employee/s.

Appears in 1 contract

Sources: Agreement of Sale