|
| |
|
|
Phase I
Payment Schedule - Projected Dates
Effective September 25, 2007 |
| Percent of Sales Contract Price: |
10% |
25% |
15% |
25% |
10% |
15% |
| Construction Process: |
Contract |
Ground Break |
Foundation |
Under Roof |
Walls Framing |
Close |
| Unit Description |
Unit # |
|
|
|
|
|
|
| Condominium Building A |
All Units |
|
Dec-07 |
Jun-08 |
Oct-08 |
Dec-08 |
Feb-09 |
| 2 Bedroom Villa |
2I |
|
Dec-07 |
Apr-08 |
Aug-08 |
Oct-08 |
Dec-08 |
| 2 Bedroom Villa |
2J |
|
Dec-07 |
Apr-08 |
Aug-08 |
Oct-08 |
Dec-08 |
| 3 Bedroom Villa |
3C |
|
Mar-08 |
May-08 |
Sep-08 |
Oct-08 |
Jan-09 |
| 3 Bedroom Villa |
3D |
|
Mar-08 |
May-08 |
Sep-08 |
Nov-08 |
Jan-09 |
Payment Schedule
Effective September 25, 2007 |
| % of Contracted Sales Price |
Time in Construction Process |
| 10% |
Contract |
| 25% |
Ground Break |
| 15% |
Foundation |
| 25% |
Under roof |
| 10% |
Walls & Framing |
| 15% |
Closing |
|
| |
|
