Purchaser’s Acknowledgement. 8.1 The purchaser acknowledges that he is aware of and fully acquainted with the matters hereinafter set forth, namely that: 8.1.1 the RR is sold in accordance with the sectional plan and the participation quota endorsed thereon as and when approved and subject to any modification or alterations which may be made thereto from time to time in accordance with the provisions of the Act or any authority, and subject to any applicable conditions of title which may be incorporated therein; 8.1.2 if the areas of the common property are found not to correspond to those set out in this agreement, the seller shall not be liable for any shortfall nor shall it be entitled to claim compensation for any surplus; ARF T ARF T 1ST D R A F T 8.1.3 the seller intends to procure that upon the opening of the Sectional Title Register and the establishment of the body corporate, the management and conduct rules contained in the regulations to the Act shall apply, subject to any changes and modifications allowed by the Act and which the seller may deem necessary, provided that such rules may grant to the members of the body corporate, the sole and exclusive use of areas of the common property as envisaged in Section 27(A) of the Act; 8.1.4 the RR is sold, subject to the Memorandum and Articles of Association of the Association, with which the purchaser declares himself to be full acquainted. 8.2 By his signature hereto, the purchaser irrevocably and in rem suam appoints the seller as his agent and attorney to attend any meeting of the body corporate at which the purchaser is entitled to be present and then and there, to vote on behalf of the purchaser for the amendment of the rules as referred to in clause 8.1 above, or the adoption of any rules. 8.3 The purchaser shall, from the date of transfer of the RR into the purchaser's name, be entitled to benefit from occupation of the RR for the purpose of building a unit on the RR, subject to such building plans having been approved by the architect and the Association.
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Purchaser’s Acknowledgement. 8.1 a. The purchaser Purchaser acknowledges that he is being aware of and fully acquainted with the matters hereinafter set forth, namely that:
8.1.1 the RR i. The property is sold and will be transferred subject to all the conditions and servitudes mentioned or referred to in the Sellers' title deed and in accordance with the sectional plan and the participation quota endorsed thereon as and when approved and subject to any modification or alterations which may be made thereto from time to time in accordance with the provisions of the Act or of any authority, and subject to any applicable conditions of title which may be incorporated therein;
8.1.2 ii. if the areas of the common property Property are found not to correspond to those set out in this agreement, the seller Seller shall not be liable for any shortfall nor shall it be entitled to claim compensation for any surplus; ARF T ARF T 1ST D R A F T;
8.1.3 iii. such rules may be amended, modified or replaced to accord with the seller intends to procure that upon reasonable requirements of any building society or bank approved by the opening of the Sectional Title Register and the establishment of the body corporate, the management and conduct rules contained in the regulations to the Act shall apply, subject Seller which may grant mortgage bonds to any changes and modifications allowed by the Act and which the seller may deem necessary, provided that Purchaser of a Property;
iv. such rules may grant to the members of the body corporate, Body Corporate the sole and exclusive use of areas of the common property as envisaged in Section 27(A) Property;
v. He/she is aware of the Act;
8.1.4 the RR is sold, subject to the Memorandum and Articles of Association Rules of the Association, with which the purchaser declares himself to be full acquainted.
8.2 By his signature hereto, the purchaser irrevocably Body Corporate and in rem suam appoints the seller as his agent and attorney to attend any meeting of the body corporate at which the purchaser is entitled to be present and then and there, to vote on behalf of the purchaser for the amendment of the rules as referred to in clause 8.1 above, or the adoption of any rules.
8.3 The purchaser shall, from the date of that upon transfer of the RR unit into the purchaser's name, be entitled to benefit from occupation his/her name he/she will become a member of the RR Body Corporate established for the purpose of building a Scheme. The Purchaser binds him/herself to the said rules and accepts the unit on the RR, subject to such building plans having been approved by all the architect provisions of the Sectional Titles Act 9Act no. 95 of 1986) relating to the duties and powers of the Body Corporate and the Associationsaid rules.
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