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Payment Terms: House and Land Package 2 Part Contract

Land Contract:

—  10% Deposit on signing Contract of Sales of land.

—  90% on Land settlement.

Building Contract:

—  5% Deposit on Signing the Building Contract.

—  95% by Progress Payment:

1)  Base Stage:  10%

2)  Frame:          15%

3)  Lockup:        35%

4)  Fixing:          25%

5)  Completion: 10%

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