Deposit Structure

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There will be a ($10,000.00) Ten Thousand Dollars deposit.  This value will be applied to this Agreement of Purchase and Sale at the time of its acceptance.  This can be by certified cheque or EFT (Electronic Funds transfer) between financial institutions;

There will be a further deposit of ($25,000.00) Twenty-Five Thousand Dollars to be submitted with the signed Agreement of Purchase and Sale.  This can be by certified cheque or EFT (Electronic Funds transfer) between financial institutions.

There will be a further deposit of ($25,000.00) Twenty Five Thousand Dollars to be paid by cheque or EFT (Electronic Funds transfer) between financial institutions, thirty (30) calendar days following the date set out in the Confirmation of Acceptance.

Once total deposit once the deal is complete will be ($60,000.00) Sixty Thousand Dollars.  This value will be held by the builder and will be put towards the final purchase price of your new home.