Funds from buyers and investors released by construction stage, based on progress measurement or an engineer's report.
Construction stages and the amount for each in the contract.
Buyers and investors deposit into the project account.
The engineer of record confirms the completed stage.
Stage amount paid to the builder.
Funds held until the units are delivered to the landowner.
Balance held to finish construction if the builder stops.
Buyers track the balance through the portal.
The down payment and the balance of the price are held until the deed is recorded and the keys are delivered.
Part of the price is held back to cover contingencies and the seller's representations and is released on the agreed dates.
The buyer deposits and the supplier delivers knowing it will be paid. Release occurs upon accepted delivery.
Settlement amounts, indemnities and disputed funds are held until court approval or fulfillment of the obligations.
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