| Deposit |
Paid at signing of the Contract between Austart Homes and the Client. |
5% |
| 1st Progress |
Completion of floor slab. (Base) |
15% |
| 2nd Progress |
Completion of external block work & roof trusses. (Block and Trusses) |
20% |
| 3rd Progress |
Completion of lock-up (roof on, external wall cladding, windows & doors but excludes garage panelift door) (Enclosed) |
25% |
| 4th Progress |
Completion of Pre-Paint stage (excludes plumbing and electrical fit-off and painting) (Fixing) |
20% |
| 5th Final |
Upon Practical Completion Certificate & Prior to Handover |
Balance or 15% |