Initial Period The owner must satisfy the essential matters in Clause 45 prior to the Tender expiry date (the initial period ) Note: The builder does not need to commence on site until the essential matters are satisfied and may terminate the contract if the essential matters are not satisfied. Encumbrances, covenants and easements (Clause 4) The site is affected by the following encumbrances, covenants, easements and caveats. Please specify the substance of each encumbrance, covenant, easement and caveat and give details of any registrations where registered at the Titles Office.
7.
8.
Sources of funds (Clauses 4 and 7) The contract price will be funded by:
9.
TOTAL FUNDS Note: The total funds are to equal the contract price . Lending Body 1 LENDING BODY BRANCH CONTACT NAME
Development application and complying development certificate (Clause 5) The person to make and pay for all applications for development consent and/or a complying development certificate is: (If no person stated then the owner)
10.
Liquidated damages (Clause 32) $100.00 per working day calculated on a daily basis.
11.
(If nothing stated, then $1)
Interest (Clause 33) Interest on late payments is:
12.
12.00% (If nothing stated then the post judgement interest rate applicable to judgements in the NSW Supreme Court from time to time.)
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