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30 % of the property price is paid upon signing the contract deducted the reservation fee already paid; |
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40 % of the property price is paid upon the raising of the rooftree; |
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20 % of the property price is paid upon issuance of a due certificate of completion of the site; |
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10 % of the property price is paid upon issuance of a legal occupancy certificate and execution of the conveyance deal. |
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30 % of the property price is paid upon signing the contract; the bank of the buyer issues an irrevocable bank guarantee for the remaining 70 % of the property price in favour of the bank of the construction company; |
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70 % of the property price is paid by the buyer to the bank of the construction company upon issuance by the independent construction controller of a legal occupation certificate and after a due check for defects in the construction and the final handing over of the completed site. |
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If the buyer pays 50 % of the purchase price upon signing the contract, the buyer gets a 5 % discount calculated from the total price exclusive VAT; |
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If the buyer pays 90 % of the purchase price upon signing the contract, the buyer gets an 8 % discount of the total price exclusive VAT; |
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In all cases the remaining 10 % of the property price are paid upon issuance of the occupancy certificate and are kept in the account of the Danish Law firm until all possible defects are rectified. |
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