Sale And Purchase Agreement Page 14
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24THE SCHEDULE – continued
FORM E
Vendor
50%
Purchaser
A proportion of the balance 50% which is equal to the
proportion the share value allotted to the Unit bears to
the aggregate share value for the Housing Project.
11.3
The registered land surveyor engaged by the Vendor to conduct the title
surveys and to produce the conveyance plans shall certify the amount of
contribution payable by the Purchaser. The surveyor's certificate shall be
final and conclusive as to the amount of contribution payable by the
Purchaser.
11.4
The Purchaser shall on demand pay to the Vendor the amount of
contribution certified under clause 11.3 and all goods and services tax
charged by law on the supply of the surveyor's services.
12.
Delivery of Possession
12.1
The Vendor must deliver vacant possession of the Unit to the Purchaser
no later than
(the Transfer Date).
12.2
Before delivering vacant possession of the Unit to the Purchaser, the
Vendor must ensure that the Unit has been completed so as to be fit for
occupation and must remove all surplus material and rubbish from the
Unit, the Building and the Housing Project.
12.3
The Vendor shall deliver vacant possession of the Unit to the Purchaser
by delivering a Notice of Vacant Possession in respect of the Unit. On
delivery of vacant possession of the Unit to the Purchaser, the Vendor
must deliver to the Purchaser a copy of -
(a)
the Temporary Occupation Permit or the Certificate of Statutory
Completion for the Unit; and
(b)
a certificate by the qualified person engaged by the Vendor that
the Unit and the Housing Project (and all the roads, drainage and
sewerage works for the Housing Project) have been constructed
according to the plans and specifications approved by the
Commissioner of Building Control, and that all water and electricity
supplies, and all gas supplies (if any), have been properly
connected to the Unit.
12.4
If the Vendor for any reason does not deliver vacant possession of the
Unit to the Purchaser by the Transfer Date, the Vendor must pay to the
Purchaser liquidated damages.
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