- Sales team conducts due diligence on inquiries from investors and or buyers.
- Business Development/ Sales team presents standard term sheet to investors and or buyers to finalize price and terms to purchase or invest in units.
- Submit the signed term sheet to legal and finance department to conduct 2nd tier due diligence on client financing approval.
- All investors to submit draft contract/term sheet to Akamai legal and finance department.
- Signing of the definitive agreement with investor/client.
- Contract Implementation.
Standard Product Terms
- Investor/ Client must submit General Information sheet.
- Investor/Client to show proof of funds , bank approval or avail of Akamai in house financing to be eligible for purchase.
- BBI shall provide marketing materials, term sheet and sales agreement for investors and buyers.
- Turnover timeline for private Villas 3rd quarter 2019 and Condo suites 4th quarter 2021 or sooner.