Terms

Purchase and Payment Schedule

Initial Deposit

$50,000 Certified Cheque payable to vendor upon purchase (date of acceptance), with offer. Within 7 days of the date of acceptance, the purchaser shall provide Mortgage Approval from a financial institution, or sufficient evidence of the purchaser’s ability to meet the financial obligations therein.

2ND Deposit

Postdated Cheque, with offer, dated 30 days from purchase date (date of acceptance), in an amount equal to the difference between 5% of the total purchase price and the ‘Initial Deposit’ of $50,000.

3RD Deposit

Postdated Cheque, with offer, dated 90 days from purchase date (date of acceptance), in an amount equal to 5% of the total purchase price.

Custom Upgrade Deposit

Final Design selection (Selection Confirmation Date) must be finalized within 45 days of purchase date (date of acceptance). A certified cheque, payable to the vendor, representing 100% of the cost of all upgrades, must be delivered no later than 3 business days from Selection Confirmation Date.


General Disclaimers

Prices & Specifications are subject to change without notice. E. & O. E. Illustrations and photographic images are for creative reference only and not meant to depict actual lofts for sale herein.

Authentic Lofts reserves the right, with respect to any aspect of construction, finishing or equipment, to make substitutes and changes to the information contained herein without notice; so long as, in Authentic Loft’s sole and unreviewable discretion, any substituted materials and/or changes are of at least comparable quality. All dimensions are subject to normal construction variances. Dimensions, including ceiling heights, sizes, specification, layouts and materials are approximate only and subject to change without notice. The installation of some features and finishes may vary by residence design. Authentic Lofts shall not be responsible for shade differences occurring from different dye lots or characteristics of natural material, including without limitation tiles, hardwood flooring, cabinets, countertops, trim and doors. Reference to “Sub-Zero” and “Wolf” relate only to the Fridge and Cook Top respectively and are subject to product availability. Pending model availability, Authentic Lofts reserves the right in its sole and unreviewable discretion to supply a Fridge or Cooktop of similar quality. Furthermore, Authentic Lofts reserves the right in its sole and unreviewable discretion, to provide the remaining appliances, (dishwasher, range, hood fan, microwave, front load stackable washer and dryer) to match the aesthetic of the kitchen design. Brokers Protected.

*Connotes items or options, which are not included in listed price
** Financing Terms are valid, only based on approval.