| What is the payment plan? |
| Reservation Deposit |
5% of the purchase price, non-refundable, payable at the date of signing the Reservation Contract by purchaser(s) |
| Contract Payment |
5% of purchase price, non-refundable, payable 30 days from the date of signing the Reservation Contract by purchaser(s) |
| First Payment |
10% of purchase price within four (4) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Second Payment |
10% of purchase price within seven (7) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Third Payment |
10% of purchase price within ten (10) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Fourth Payment |
10% of purchase price within thirteen (13) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Fifth Payment |
10% of purchase price within sixteen (16) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Six Payment |
10% of purchase price within nineteen (19) calendar months of date of signing the Reservation Contract by purchaser(s) |
| Seventh Payment |
10% of the purchase price within twenty two (22) calendar months of date of signing the Reservation Contract by the purchaser(s) |
| Final Payment |
20% of the purchase price on the Completion Date (as defined in the Sales and Purchase Agreement) |
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