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Section 9: Agreement for sale and construction agreement

Tamil Nadu Real Estate (Regulation and Development) Rules, 2017 2017State Rules of Tamil Nadu · 2016

(1) For the purpose of sub-section

(2) of section 13 of the Act, the agreement for sale of undivided share of land or plot of land and construction agreement for construction of apartment, as the case may be, shall be in the Form in Annexure „A‟.

(2) Any application, allotment letter or any other document signed by the allottee, in respect of the apartment, plot or building, prior to the execution and registration of the agreement for sale and construction agreement for such apartment, plot or building, as the case may be, shall not be construed to limit the rights and interests of the allottee under the agreement for sale or the construction agreement or under the Act or under the rules or regulations made thereunder.

(3) Project relating to construction of apartment, the promoter may convey the undivided share of land including the proportionate share in the common area directly to the respective allottees.

(4) Under the agreement for sale or construction agreement, the promoter is permitted to allocate exclusive right of usage of Reserved Car Park to the allottee and such right of exclusive usage shall form an indivisible part of the apartment and shall be transferable along with the apartment.

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Where this provision sits

ActTamil Nadu Real Estate (Regulation and Development) Rules, 2017 2017
Section9
Marginal noteAgreement for sale and construction agreement
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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