Terms & Conditions |
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APPLICATION: Application for allotment of apartment should be made on the prescribed APPLICATION FORM duly signed by the applicant along with booking money (BM). On acceptance of an application, the company will issue an allotment letter to the applicant. |
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PAYMENT: Balance shall be payable in monthly equal installments by post dated A/C payee cheques in favor of TURJO HOMES LTD. on accepting the application with earnest money. Bangladeshis residing abroad may make all payment in foreign exchange as per exchange rate issued by the Bangladesh Bank as on the date of payment received.
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DELAY IN PAYMENT: Allottee will be liable to pay delinquent charge of 0.1% per day on the amount due.
CHANCELATTION OFF ALLOTMENT: If any cheque is dishonored twice by the bank and any payment is delayed by more than 60 ( sixty) days, TURJO HOMES LTD. Shall have right to cancel the allottee without any notice and the amount paid by the allottee will be returned except service charge. before Registration and handing over of the apartment to the allottee , the apartment can not be transferred to any other person/s by the allottee.
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DEED OF AGREEMENT: after adjustment of 80% of total price TURJO HOMES LTD & the Allottee shall execute a deed of agreement.
POSSESSION & LAND TRANSFER: possession and title off the apartment shall rest with TURJO HOMES LTD. until full adjustment of the installment and all other charges/dues including extra charges for delayed payment are made. Allottee will own a proportionate share of the land on which the building is situated.
DOCUMENTATION COSTS: The allottee shall bear all costs related with stamp duties, registration fees, and related all other taxes etc. including legal and miscellaneous expenses likely to be incurred in connection with land & apartment transfer.
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SERVICE FACILITIES COSTS: All cost of equipment and connection fees/charges, security deposits and other incidental expenses relating to Gas, Water, Sewerage, Power connection etc. Will be on the allottee’s account. Allottee will be charged proportionately.
CHANGES: Minor changes may be incorporated by TURJO HOMES LTD. In design and specification, should these become necessary. Minor internal changes also may be done by the Allottee but it must be within the possibilities and limitations of the total building system and must be executed through TURJO HOMES LTD. The Allottee will pay the cost for any addition work. Allottee will not be permitted to execute any internal decoration and/or woodwork until completion of full payment and taking over of apartment from the Developer.
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COMPLETION TIME: The completion time of the project followed as mentioned contract & agreements as well as time schedule of the projects proposals. TURJO HOMES LTD.
WELFARE ASSOCIATION: In the interest of all the occupants of the complex a “Flat owner’s welfare Association” will be formed and each Allottee, after payment of all installments and charges will be member of the society.
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