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Housing Purchase Contract and Undivided Part of The Common Area
Housing Purchase Contract and Undivided Part of The Common Area
COMMON AREA .
I know you and I judge you have the capacity and legitimacy to grant this deed of
SALE , to which effect:
EXPOSE
TITLE.- Segregation of another larger one, in a deed authorized by the Notary of..., Mr....,
dated...
REGISTRATION.- Volume..., book... of..., folio..., estate..., inscription...
CHARGES.- No burdens or tenants as it says.
THIRD.- That they have agreed to a purchase and sale contract that they solemnize
in the following:
STIPULATIONS
FIRST.- Don..., as he intervenes, sells D. ..., who purchases the home described in
antecedent I, with all its rights and annexes, without encumbrances and up to date with
contributions and taxes; GOVERNED BY THE Horizontal Property Law of 1999 and the
complementary determinations of the constitutive title, which the buyer knows and abides
by.
As regulatory rules of the community of property that is constituted between the purchaser
and the owners of the remaining parts in co-ownership, those that They are specified below:
1. The ownership of every three hundredth part will confer on its owner the use of all the
space and facilities it contains, so that it does not harm that of the other co-owners.
2. The ownership of each three-hundredth part with its corresponding use will be
considered inherent to the ownership of the home owned by the transferee, in such a way
that they cannot be sold independently, one without the other.
3. These community rules bind and bind the current and successive holders of three
hundred shares, as well as their successors, both universally and individually, inter vivos or
mortis causa, gratuitous or onerous.
4. It is recognized as its own and specific use of the common thing, to serve as access to the
different building blocks, garden areas and sports areas, which is why it is expressly and
from now on recognized, under the protection of art. 401 of the Civil Code, in relation to
paragraph 2 of 392, which from now on is ruled out from possible division action, because
otherwise it would be unusable for the use for which it is intended and access to the
different buildings would not be possible. .
5. Annually and by all the co-owners, an Administration Commission composed of the
President and two members, who will have all the powers required for the administration
and government of the land and its facilities. This Commission will report annually to the
Assembly of Community Members.
6. All community members will contribute to the costs of maintenance, conservation and
improvement of common facilities in proportion to their respective participation. Without
prejudice to this, the Administration Commission may establish fees for the use of sports
facilities (tennis fields, basketball and volleyball courts, swimming pool, etc.), the amount
of which will be paid individually by the users. The proceeds from this concept will be
considered income that will reduce the expenses that the care, conservation and
improvement of the facilities cause, covering the deficit pro rata of the pro-indiviso shares
and distributing the surplus, if it exists, in the same way.
7. The Assembly of Community Members, by majority vote of those attending, may
modify and expand these regulations, as they relate to the administration and modalities of
use of the common thing, but those contained in the regulations may not be repealed.
sections 1, 2, 3 and 4 above, given the connection of the common land to the ownership and
use of the homes and premises of the named complex.
THIRD.- The price of both sales is the global amount of..., which the seller, as he
intervenes, acknowledges having received from the buyer, reiterating a payment letter. Both
properties are up to date with community expenses.
FOURTH.- All expenses arising from this deed, notarial, fiscal, registry, and even
capital gains, will be borne by the buyer.
GRANT