Aug 21 2019, 10:33 AM
QUOTE(nyemah_mulya @ Aug 19 2019, 08:37 AM)
Isn't it? I am so dumbfounded, especially when my lawyer (who did not even draft the SPA, they just took the document from the developer) said this is the default for all PPA1M projects. That's why I'm asking here, if anyone who has signed SPA for their PPA1M unit is willing to share whether their LAD clause is similar to mine ;(
i think this is a standard clause for 10:90 scheme project. As you only paid 10% of the total price throughout the whole construction period and paid the rest of 90 percent once it is completed. So the LAD is only based on the 10% down-payment that you have given. Have you paid any downpayment yet ?
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