Common use of Failure of Allottee to take Possession of Unit Clause in Contracts

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as stated in Cl. ……, the Allottee shall take possession of the Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter shall give possession of the Unit to the Allottee. In case the Allottee fails to take possession within….(……) days from the date of notice of possession of the said Unit after fulfilling all his liabilities and obligations or the date of expiry of the period specified in the notice in writing by the Developer to the Allottee to take possession of the said Unit irrespective of whether the Allottee takes actual physical possession of the said Unit or not, such Allottee shall continue to be liable to pay maintenance charges and all other outgoings whichever be earlier. Maintenance and other outgoings/ charges shall commence after …. days from the date of issue of the notice of the possession irrespective of whether possession is taken or not.

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as stated in Cl. ……7.2, the Allottee shall take possession of the Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter shall give possession of the Unit to the Allottee. In case the Allottee fails to take possession within….within 15 (……fifteen) days from the date of notice of possession of the said Unit after fulfilling all his liabilities and obligations or the date of expiry of the period specified in the notice in writing by the Developer to the Allottee to take possession of the said Unit irrespective of whether the Allottee takes actual physical possession of the said Unit or not, such Allottee shall continue to be liable to pay maintenance charges and all other outgoings whichever be earlier. Maintenance and other outgoings/ charges shall commence after …. 15 days from the date of issue of the notice of the possession irrespective of whether possession is taken or not.