Developer sales of uncompleted homes: the Housing Developers (Control and Licensing) Act and Rules, licences, the project account, advertisements, show units and disclosure, the prescribed option and agreement, payments, delivery, defects, sub-sales, commercial projects and CEA’s launch rules.
5+
units in a project that needs a housing developer’s licence (more than 4)5–10%
booking fee for a residential developer’s option3weeks
option validity, counted from delivery of the title deeds and S&P Agreement75%
of the booking fee refunded if a residential option is not exercisedRead the full Lesson 13 notes free
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