TITLE DEED CONDITIONS Sample Clauses

TITLE DEED CONDITIONS. 15.1 Val de Vie and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Val de Vie II Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with; 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 36 (thirty six) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 48 (forty eight) after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”
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TITLE DEED CONDITIONS. 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property – 1. “The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the ACRES HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and every transferee and his successors-in-title shall automatically become and remain a member of the ACRES HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 24 (twenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 36 (thirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title. 4. Only a single storey dwelling may be constructed on the Property.”
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TITLE DEED CONDITIONS. The Seller and/or its successors in title shall be required to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property- 1. “Every owner of the erf or any subdivision thereof or any interest therein and their successors-in-title shall become and remain a member of the Acres Home Owners Association (“HOA”) and be subject to its Constitution until it ceases to be an owner as aforesaid. Neither the erf nor any subdivision thereof or any interest therein shall be alienated, encumbered, or mortgaged to or in favour of any person who has not bound itself to the satisfaction of the HOA to become a member of the HOA, furthermore, until a clearance certificate from the HOA has been obtained certifying that the provisions of its Constitution have been complied with.”
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TITLE DEED CONDITIONS. 14.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property – 1. “The within property may not be sold or transferred without the prior written consent of the ACRES HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and every transferee and his successors-in-title shall automatically become and remain a member of the ACRES HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. 2. Every owner of the erf or any subdivision thereof or any interest therein shall be obliged to – a. develop the erf within a period of 24 (twenty four) months from the date of the first owner’s possession of the erf by the erection of a dwelling house and outbuildings thereon within and in accordance with the requirements of its Constitution and architectural guidelines prescribed by the HOA from time to time; b. complete all building works as aforesaid within 36 (thirty six) months after the date of registration of transfer of the erf into the name of the first owner thereof. 3. The owner of the erf or any subdivision thereof or any interest therein shall not be entitled to dispose of the property prior to the completion of the building works referred to above without the prior written consent of the transferor or is successor in title.”
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TITLE DEED CONDITIONS. 3.2.1 The Developer hereby agrees that the existing conditions registered against the Property must be cancelled and that the conditions of the Minister of Regional and Local Government, Housing and Rural Development/Townships Board/Council as attached in Section 4, including a minimum building value as per the Town Planning Scheme of Windhoek must be registered against the new ▇▇▇▇▇; except against the streets, municipal zoned ▇▇▇▇▇ or public open spaces, 3.2.2 The Developer hereby agrees that any Servitudes to protect any Permanent Works consisting of public services on the Property or its Subdivisions and as indicated on the approved General Plans or designs must be surveyed and be registered in favour of the Council at the Developer’s costs. 3.2.3 The Developer undertakes to provide the Permanent Works as per Council Resolution(s) in Section 4, which Council Resolutions shall be an integral part of this Agreement.
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TITLE DEED CONDITIONS. 7.1. The Seller and Purchaser (‘Parties’) specifically record, as contemplated in Section 55(6) of the Consumer Protection Act, No. 68 of 2008 (‘CPA’) that the Purchaser has been expressly informed: (a) that earthworks to create building platforms, potentially affecting ground conditions for construction purposes, have been carried out on the Property and details of such earthworks are recorded on the website: ▇▇▇.▇▇▇▇▇▇▇.▇▇.za; (b) that excavation work was done along the southern- and western boundaries of the Development Area and that Löffelstein block ▇▇▇▇▇▇▇ was installed in these areas, which may encroach on the buildable area of properties in these areas; and (c) that the boundary wall which encloses the development encroaches on ▇▇▇▇▇ 16772 – 16783 and ▇▇▇▇▇ 16785 – 16792 on the General Plan; and that detailed information of such works and/or encroachment has been made available to the Purchaser.
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TITLE DEED CONDITIONS. 19.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain transfer of the Property – 1. “The within property may not be sold or transferred, mortgaged or encumbered without the prior written consent of the VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION, which consent shall not be unreasonably withheld and every transferee and his successors-in-title shall automatically become and remain a member of the VAL DE VIE WINELANDS LIFESTYLE ESTATE HOMEOWNERS' ASSOCIATION and be subject to its Constitution until it ceases to be owner as aforesaid. 2. Only a single storey dwelling may be constructed on the Property. 3. The Property shall require compaction due to infilling and special precautions will be necessary to ensure safe development of the Property.
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TITLE DEED CONDITIONS. 15.1 The Seller and/or its successors in title shall be entitled to ensure that in addition to all the conditions of title, conditions of sub-division and servitudes, the following conditions of title be included in any title deed in terms of which a Purchaser and/or its successor in title obtain Transfer of the Property- 15.2 In the event of the Registrar of Deeds requiring the title conditions set forth in clause 15.1 above to be amended in any manner in order to effect registration of same, the Purchaser hereby agrees to such amendment.
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Related to TITLE DEED CONDITIONS

  • Seller’s Conditions Notwithstanding any other provision of this Agreement, the obligation of Seller to consummate the Transactions shall be subject to and conditioned upon the following: (i) Buyer’s representations and warranties being true and correct in all material respects as of the Closing and Buyer shall have delivered all documents required to be delivered by Buyer pursuant to Paragraph 5(b) below. (ii) The satisfaction of the [REDACTED] Waiver Condition. In the event the [REDACTED] Waiver Condition is not satisfied at or prior to Closing, then Seller may elect to either (a) terminate this Agreement with respect to the Commerce Property (but not the other Properties), in which event the Purchase Price shall be reduced by the Allocated Purchase Price for the Commerce Property, neither party shall have any further liability or obligation under this Agreement with respect to the Commerce Property (except for the provisions of this Agreement which recite that they survive termination), and the Closing shall proceed with respect to all other Properties, or (b) elect to continue this Agreement in full force and effect with respect to the Commerce Property. If any condition to Seller’s obligation to proceed with the Closing hereunder has not been satisfied as of the Closing Date or other applicable date (other than the condition to Closing set forth in Paragraph 3(g)(ii) for which Seller’s rights for such failure of the condition to Closing are set forth therein), Seller shall have the right to (i) nevertheless proceed to Closing, notwithstanding the non-satisfaction of such condition, in which event Seller shall be conclusively deemed to have waived any such condition, or (ii) terminate this Agreement upon written notice to Buyer prior to Closing, in which case the provisions of Paragraph 3(f) shall apply.

  • TITLE CONDITIONS The following special conditions imposed by Combined Developers (Pty) Ltd in its favour and the favour of the HOA, will be registered against the title deed of the Property, namely:

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Purchaser’s Conditions In addition to the condition contained in Section 5.01 hereof, the obligation of the Purchaser to purchase the Purchased Assets as contemplated in this Agreement is subject to the conditions stated below which arc for the exclusive benefit of the Purchaser and all or any of which may be waived by the Purchaser. If any condition is not satisfied as of the Closing Date, or at such earlier date as is specified, the Purchaser may at its sole discretion terminate this Agreement: (a) all representations and warranties of the Vendor contained in this Agreement shall be true in all material respects as of the Closing Date with the same effect as though made on and as of that date; (b) the Parent shall have provided a letter consenting to the Transactions in form and substance acceptable to the Purchaser acting reasonably; (c) the Vendor shall have performed all of its covenants and pre-closing obligations under this Agreement; (d) the Vendor shall have delivered to the Purchaser the documents listed in Sections 8.02 and 8.06 and such documents shall have been released from escrow; (e) apart from the claim by Continental in the Continental Inventory in Possession and except as otherwise provided in this Article 5 with respect to Appeal Proceedings, there shall be no legal proceedings, either threatened or commenced by any Person against the Vendor or the Purchaser concerning this Agreement, the Purchased Assets or any other matter relating or pertaining thereto and there shall be no stay order, injunction or restraining order, judicial or administrative, issued by any Person enjoining or preventing the Vendor or the Purchaser from completing the Transactions; and (f) the Vendor shall undertake to file, or cause to be filed, with the Court such certificate as may be necessary to render the Approval and Vesting Order effective in accordance with its terms.