SECTIONAL TITLE. 9.1 The PURCHASER acknowledges that it is not possible for him to give transfer of any UNIT to any proposed purchaser thereof until such time as the Sectional Title Register of the SCHEME to be developed on the PROPERTY is opened in terms of the ACT. Accordingly the PURCHASER undertakes, within in a reasonable time after completion of the SCHEME and at its own expense, to take such steps as may be reasonably necessary to procure the opening of the said Sectional Title Register by the CONVEYANCERS. 9.2 No liability of any nature whatsoever shall attach to the SELLER, the ZLR or the ASSOCIATION arising out of any delay by the PURCHASER in opening the Sectional Title Register for the SCHEME to be developed on the PROPERTY.
Appears in 2 contracts
Sources: Offer to Purchase, Offer to Purchase