Terms & Conditions
Application
Application for allotment of apartments should be made on the prescribed application form duly signed by the applicant along with the 25s earnest- money and other necessary documents.
Payment
The buyer will make the payment as per payment schedule. A /C payee cheque or bank draft or pay-order or cash in favor of ASSORT PROPERTIES LTD. payment from overseas in US Dollars or EURO are to be calculated at the prevailing official conversion rate Bangladeshi taka on the date of payment.
Delay in Payment
The allottee undertakes to pay delay charge at the rate of 12% per monthly on the amount of payment delayed beyond the due date. if the payment is delayed for 45 days, the company has the right to cancel the allotment without any notice to the allottee in such cash buyers deposited amount will be refunded after sale out the same apartment to a new buyers also an amount of 10% of total paid not less then TK1,50,000/-amount will be deducted from the buyers deposited amount for incidental charges.
APL's Right
The developers reserves the right to make any alteration, Commission revising of the total or any part of the architectural and structural design or working drawing and limited change can be made in specification for overall interest of the project without any notice to the buyer or any legal authority.
Documentation Cost
The buyer will pay stamps duties, registration fees taxes, Legal and govt. charges, VAT and other miscellaneous expenses likely to be incurred in connection with the registration of deed.
Incidental Cost
Connection charges /fees security deposits and other incidental charges/ expenses relating to gas water, sewerage and electric connection etc, are not included with apartments cost The buyer will also make these payments.
Possessions
After full payment of Instalment and other charges the possession of each apartment shall be handed over to the buyer. Until and unless dues are not clear, possession of the apartment will be hold by the company.
Owner's Association
The buyer must undertake to become a member of the owner's association, which will be formed by the owners of the apartments with the view to maintaining the general affairs of the complex for common interest Each apartment owner must initially deposit TK25,000/- (Twenty Five Thousand Taka) only to the reserve fund before handing over apartments.