Guide Documentation
Key Takeaways
- Your dedicated advisor coordinates developers, lawyers, and documentation.
- Every contract includes clear clauses on delivery timelines, specifications, and defect liabilities.
- Payments are structured through milestone escrow rather than unmonitored transfers.
- Handover includes physical snag-list inspections before final release of funds.
The 4 Milestones of Closing#
- 1Offer Letter & Term Sheet: Details agreed property unit, purchase consideration, payment schedule, and completion date.
- 2Contract of Sale Execution: Binding legal contract prepared and reviewed to safeguard your rights against default.
- 3Milestone Progress Payments: Capital is disbursed in verified phases as agreed construction stages are certified.
- 4Final Snagging & Key Handover: Before taking possession, an independent inspection audits finishes, electricals, and plumbing. Any defects are remediated by the developer prior to signing the Deed of Assignment.
BALL Advisory Tip
Never sign an offer letter containing ambiguous "fluctuation clauses" that allow developers to arbitrarily increase prices after you start paying. BALL contracts enforce fixed-price protection.
BALL Advisory & Client Support
Need direct guidance on Buy with BALL?
Our property advisors and legal verification specialists are on standby to guide you through property assessments, title due diligence, or structured milestone contracts.
Did this documentation guide resolve your inquiry?