Part 3 OF EC GUIDE: Application Procedures and Cancellation
Section 3: Application Procedures and Cancellation
What is the application procedure?
What are the cancellation fees?
If you give up the unit before you execute the Sales & Purchase Agreement( S&P), there will be a forfeiture of 25% off the booking fee as provided in the Option To Purchase. (OTP). However, if you have exercise the S&P, there will be a forfeiture of 20% of the selling price upon Termination.