Common use of COMPLETION OF UNIT Clause in Contracts

COMPLETION OF UNIT. 7.1. The Seller undertakes to complete the Unit in a good and workmanlike manner substantially in accordance with the Plans and in compliance with the Housing Consumers Protection Measures Act, 95 of 1998 and the National Building Regulations and Buildings Standards Act, 1977. 7.2. The Property will be deemed to have reached “Practical Completion” on the date which the Seller’s nominated and appointed architect or quantity surveyor issues a certificate of practical completion, which is expected to be as close as reasonably possible to expiry of a period of 180 (one hundred and eighty) days from Date of Acceptance. In the event of the Property not reaching “Practical Completion” as close as possible to the date aforesaid, such date shall be automatically extended by a further 60 (Sixty) days. The Seller shall not incur any liability of whatsoever nature by reason of the Property not being ready for occupation on the estimated date referred to herein. The Practical Completion date shall under no circumstances be deferred or the Unit considered unsuitable for occupation by reason of any improvements, additions or alterations to be effected to the Unit by or at the request of the Purchaser. 7.3. At intervals during the completion of the Unit by the Seller, on-site meetings may be Information Tabled by the Seller and be attended between the Purchaser and representatives of the Seller for purposes of inspecting the progress of completion of the Unit. 7.4. Following Practical Completion, the Seller undertakes, within 60 (sixty) days from being advised thereof, to repair: 7.4.1. Any defects in the fixtures and fittings in the Unit, a list of which the Purchaser undertakes to prepare and deliver to the Seller within 30 (thirty) days from Practical Completion; 7.4.2. Any defects in the structure (foundations, brickwork, concrete and re-enforcing but excluding wall plaster and tiling) of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser; 7.4.3. Any failure in the waterproofing of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser. 7.5. The Seller shall not under any circumstances be liable to the Purchaser for any defects, latent or patent, in the Unit or the Common Property of which the Seller is not advised within the time periods stipulated above. 7.6. Notwithstanding the Seller’s obligations to effect repairs in terms of this clause 6, the Seller shall not be liable for any consequential damages arising from leakage such as damage to carpets, household goods, electrical appliances and the like. 7.7. If there is any dispute of any nature between the Parties arising from the provisions of this clause 6, the dispute shall be referred to the Architect appointed for the Proposed Development Scheme by the Seller, whose decision in respect of the dispute shall be final and binding on the Parties.

Appears in 2 contracts

Sources: Offer to Purchase, Offer to Purchase

COMPLETION OF UNIT. 7.1. The Seller undertakes to complete the Unit in a good and workmanlike manner substantially in accordance with the Plans and in compliance with the Housing Consumers Protection Measures Act, 95 of 1998 and the National Building Regulations and Buildings Standards Act, 1977. 7.2. The Property will be deemed to have reached “Practical Completion” on the date which the Seller’s nominated and appointed architect or quantity surveyor issues a certificate of practical completion, which is expected to be as close as reasonably possible to expiry of a period of 180 (one hundred and eighty) days from Date of Acceptance. In the event of the Property not reaching “Practical Completion” as close as possible to the date aforesaid, such date shall be automatically extended by a further 60 (Sixty) daysduring or about October 2024. The Seller shall not incur any liability of whatsoever nature by reason of the Property not being ready for occupation on the estimated date referred to herein. The Practical Completion date shall under no circumstances be deferred or the Unit considered unsuitable for occupation by reason of any improvements, additions or alterations to be effected to the Unit by or at the request of the Purchaser. 7.3. At intervals during the completion of the Unit by the Seller, on-site meetings may be Information Tabled scheduled by the Seller and be attended between the Purchaser and representatives of the Seller for purposes of inspecting the progress of completion of the Unit.. PURCHASER SELLER CONTRACTOR WITNESS 7.4. Following Practical Completion, the Seller undertakes, within 60 (sixty) days from being advised thereof, to repair: 7.4.1. Any defects in the fixtures and fittings in the Unit, a list of which the Purchaser undertakes to prepare and deliver to the Seller within 30 (thirty) days from Practical Completion; 7.4.2. Any defects in the structure (foundations, brickwork, concrete and re-enforcing but excluding wall plaster and tiling) of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser; 7.4.3. Any failure in the waterproofing of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser. 7.5. The Seller shall not under any circumstances be liable to the Purchaser for any defects, latent or patent, in the Unit or the Common Property of which the Seller is not advised within the time periods stipulated above. 7.6. Notwithstanding the Seller’s obligations to effect repairs in terms of this clause 67, the Seller shall not be liable for any consequential damages arising from leakage such as damage to carpets, household goods, electrical appliances and the like. 7.7. If there is any dispute of any nature between the Parties arising from the provisions of this clause 67, the dispute shall be referred to the Architect appointed for the Proposed Development Scheme by the Seller, whose decision in respect of the dispute shall be final and binding on the Parties.

Appears in 1 contract

Sources: Offer to Purchase

COMPLETION OF UNIT. 7.1. The Seller undertakes to complete the Unit in a good and workmanlike manner substantially in accordance with the Plans and in compliance with the Housing Consumers Protection Measures Act, 95 of 1998 and the National Building Regulations and Buildings Standards Act, 1977. 7.2. The Property will be deemed to have reached “Practical Completion” on the date which the Seller’s nominated and appointed architect or quantity surveyor issues a certificate of practical completion, which is expected to be as close as reasonably possible to expiry of a period of 180 (one hundred and eighty) days from Date of Acceptance. In the event of the Property not reaching “Practical Completion” as close as possible to the date aforesaid, such date shall be automatically extended by a further 60 (Sixty) days. The Seller shall not incur any liability of whatsoever nature by reason of the Property not being ready for occupation on the estimated date referred to herein. The Practical Completion date shall under no circumstances be deferred or the Unit considered unsuitable for occupation by reason of any improvements, additions or alterations to be effected to the Unit by or at the request of the Purchaser. 7.3. At intervals during the completion of the Unit by the Seller, on-site meetings may be Information Tabled scheduled by the Seller and be attended between the Purchaser and representatives of the Seller for purposes of inspecting the progress of completion of the Unit. 7.4. Following Practical Completion, the Seller undertakes, within 60 (sixty) days from being advised thereof, to repair: 7.4.1. Any defects in the fixtures and fittings in the Unit, a list of which the Purchaser undertakes to prepare and deliver to the Seller within 30 (thirty) days from Practical Completion; 7.4.2. Any defects in the structure (foundations, brickwork, concrete and re-enforcing but excluding wall plaster and tiling) of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser; 7.4.3. Any failure in the waterproofing of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser. 7.5. The Seller shall not under any circumstances be liable to the Purchaser for any defects, latent or patent, in the Unit or the Common Property of which the Seller is not advised within the time periods stipulated above. 7.6. Notwithstanding the Seller’s obligations to effect repairs in terms of this clause 67, the Seller shall not be liable for any consequential damages arising from leakage such as damage to carpets, household goods, electrical appliances and the like. 7.7. If there is any dispute of any nature between the Parties arising from the provisions of this clause 67, the dispute shall be referred to the Architect appointed for the Proposed Development Scheme by the Seller, whose decision in respect of the dispute shall be final and binding on the Parties.

Appears in 1 contract

Sources: Offer to Purchase

COMPLETION OF UNIT. 7.1. The Seller undertakes to complete the Unit in a good and workmanlike manner substantially in accordance with the Plans and in compliance with the Housing Consumers Protection Measures Act, 95 of 1998 and the National Building Regulations and Buildings Standards Act, 1977. 7.2. The Property will be deemed to have reached “Practical Completion” on the date which the Seller’s nominated and appointed architect or quantity surveyor issues a certificate of practical completion, which is expected to be as close as reasonably possible to expiry of a period of 180 (one hundred and eighty) days from Date of Acceptance. In the event of the Property not reaching “Practical Completion” as close as possible to the date aforesaid, such date shall be automatically extended by a further 60 (Sixty) daysduring or about June 2024. The Seller shall not incur any liability of whatsoever nature by reason of the Property not being ready for occupation on the estimated date referred to herein. The Practical Completion date shall under no circumstances be deferred or the Unit considered unsuitable for occupation by reason of any improvements, additions or alterations to be effected to the Unit by or at the request of the Purchaser. 7.3. At intervals during the completion of the Unit by the Seller, on-site meetings may be Information Tabled scheduled by the Seller and be attended between the Purchaser and representatives of the Seller for purposes of inspecting the progress of completion of the Unit. 7.4. Following Practical Completion, the Seller undertakes, within 60 (sixty) days from being advised thereof, to repair: 7.4.1. Any defects in the fixtures and fittings in the Unit, a list of which the Purchaser undertakes to prepare and deliver to the Seller within 30 (thirty) days from Practical Completion; 7.4.2. Any defects in the structure (foundations, brickwork, concrete and re-enforcing but excluding wall plaster and tiling) of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser; 7.4.3. Any failure in the waterproofing of the Unit of which the Seller is, within 12 (twelve) months from Practical Completion, advised in writing by the Purchaser. 7.5. The Seller shall not under any circumstances be liable to the Purchaser for any defects, latent or patent, in the Unit or the Common Property of which the Seller is not advised within the time periods stipulated above. 7.6. Notwithstanding the Seller’s obligations to effect repairs in terms of this clause 67, the Seller shall not be liable for any consequential damages arising from leakage such as damage to carpets, household goods, electrical appliances and the like. 7.7. If there is any dispute of any nature between the Parties arising from the provisions of this clause 67, the dispute shall be referred to the Architect appointed for the Proposed Development Scheme by the Seller, whose decision in respect of the dispute shall be final and binding on the Parties.

Appears in 1 contract

Sources: Offer to Purchase