PROCEDURE OF BUYING

• Commission-free purchase directly from the developer
• Fixed price guarantee for the purchased house
• Trust settlement
• Alternatively, purchase price proof when signing the purchase contract on the escrow account or securing the portion of the purchase price that is not due by bank guarantee
• Instant note of condominium pledge for the ownership in the land register
• Payment or forwarding of the purchase price to the property developer in accordance with the Construction Contract Law (BGBL., 2008/56) of the purchase price
• Additional costs (see below)

PAYMENT UNDER THE CONTRACTING AGREEMENT (RATING PLAN A):
at the following dates the following parts of the price are due at most:

• 15% at the start of construction on the basis of a legally valid building permit;
• 35% after completion of the shell and the roof
• 20% after completion of the raw installations;
• 12% after completion of the façade and the windows including their glazing;
• 12% after the completion of the contract or upon the agreed premature handover of the actual object of the contract;
• 4% after completion of the entire system
• 2% after the expiry of three years from the delivery of the actual object of the contract, unless the developer has guaranteed any claims for damages and damages through a guarantee or insurance.

ASSOCIATED COSTS

• 3.5% land transfer tax
• 1.1% registration fee in the land register
• 1.5% attorney / notary fees
• Network provisioning charges