When should a client forward 20% for completion of the rough construction?
Agents will be notified in writing by Platinum Developments giving at least 4 weeks notice.
In the Preliminary Contract 5, Ownership title transfer, it states: ‘Each party shall bear the costs for its private counselors (Architects, lawyers, accountants, etc) if any. The transfer costs & expenses e.g. Transfer tax, notary fee, registration fee etc., shall be on account of the buyer’.
How much will these additional costs be approximately?
Architects, lawyers, accountants, etc – are optional, normally not needed
Transfer tax – 2% (stamp duty)
Notary fee (approx) – 0.5 %
Registration fee – 0.1 %
POA & Admin Charge (Optional) - .6%
These fees are charged on the value on the apartment.How is the maintenance charge determined?
This is calculated by the number of square metres of built up area plus common area.
Disclaimer
Important - please note: receipt of these particulars do not form part of any contract and are for guidance only. Drawings and maps are for illustration purposes and are not drawn to scale. Intending purchasers must satisfy themselves as to the accuracy of the details given to them. Offers are subject to contract/contract denied.
No person in the employment of Platinum Developments has any authority to make or give representation or warranty whatever in relation to any development. Any queries regarding the above please contact Platinum Developments.