Terms & Conditions

Reservation

Application for reservation Apartment ‘SUNLIT ADDRESS” shall be made on the prescribed application form duly signed by the applicant with booking money. Allotment will be made on first come first serve basis. The company reserves the right to accept or reject any application without assigning any reason there to.
Allotment:
After respect of the application and booking money, SUNLIT ASSETS LTD. will issued an Allotment letter and payment schedule The applicanti/allottee shall then start making payment as per the schedule of payment
Allotment Transfer:
Until full payment of all Installment and other charges & registration, the buyer shall not have the right to transfer the allotment to a third party in case of transfer before registration, buyer must be paid 10% money of total property value to the developer.
Payment:
All payment of booking money, installment, additional works and other charges should be made by A/C payee cheque or pay order or bank draft or cash in favor of SUNLIT ASSETS LTD. Foreigners and Non-Residence Bangladeshi may make payment in foreign exchange by TT or DD as per exchange rate issued by Bangla-desh Bank as on the date of application and subsequently on dates of installments paid
Schedule Of Payments:
That the SECOND PARTY must strictly adhere to the schedule of payments indicated in this allotment agreement. Delay in payments beyond the schedule date will make allottee liable to pay a delay charges of 5%, per month interest on the amount of payment delayed. If the payment is delayed for 60 days, the compa-ny shall have the right to cancel the allotment. In such case the amount paid by the allottee will be refunded after deducting 5% of the total sales price only after sale of the apartment
Loan Facilities:
If the allottee desire a Housing Loan, the company will do all that is possible to help secure the loan
Documentation Vat & Other Charges:
The allottee will pay stamp duties, VAT, registration fee, gain tax, share transfer fee, documentation charges and other miscellaneous expenses likely to be incurred in connection with the Deed of Agreement, allotment, registration and transfer etc. Only the actual sums shall be charges
Incidental Cost:
Connection charges/expenses relating to gas, water, sewarage and electric connection etc, are not included with the price of apartments the purchasers will also payments.
Developers Right:
The company reserves the right to make changes in both architectural and structural design of the project.

Project Hand Over:
The possession of each apartment and parking space shall be handed over to the allottee on completion of full payment of installments and other charges and dues. Prior to this, the possession of apartment will rest with company
Design Change:
After taking over Apartment of the allottee must consult SUNLIT ASSETS LTD. prior
to undertaking any layout change within the building complex. Failure to do so will be at the sole risk of the allottee VDL shall have the right to make minor changes in internal design or external elevation for the betterment of the project during construction period.
Owner’s Association:
The investor must become a member of the Apartment Owner’s Association, which will be formed by the owners of the complex to look after common interest of the complex Each apartment owner will pay Tk. 30,000/- (Thirty thousand) only
Note:
Other financial terms and conditions will be followed according to the company rules.
Client will not enforce any change in building 04 side elevation, column, beem Toilet ducting In the upgradation time different finishing metarials will be ues on the basis of additional advance payment