Nov 12 2013, 10:54 AM
QUOTE(cheryee @ Nov 12 2013, 10:01 AM)
Kenny kor,
LAD = liquidated damages
The developer shall be liable to pay to the Purchaser liquidated damages calculated from day to day at the rate of ten per centum (10%) per annum of the purchase price from the expiry date of the delivery of vacant possession until the date the Purchaser takes vacant possession of the said Building.
Many thanksLAD = liquidated damages
The developer shall be liable to pay to the Purchaser liquidated damages calculated from day to day at the rate of ten per centum (10%) per annum of the purchase price from the expiry date of the delivery of vacant possession until the date the Purchaser takes vacant possession of the said Building.
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