The price of your home will be fixed for 12 months from receipt of the Initial Payment. The Initial Payment is the amount required by JG King set out in a written New Home Estimate to obtain soil reports, site levels, engineering, drainage and other plans and documents necessary for it to complete a quotation for the construction of a dwelling. The price will be fixed only if:
- payment of the Initial Payment is made within 7 days of the date of the New Home Estimate;
- a New Home Contract with JG King is executed and returned to JG King no later than 6 months after payment of the Initial Payment; and
- proof of finance satisfactory to JG King and proof of separate land title required for building commencement is provided to JG King no later than 8 months after payment of the Initial Payment.
JG King Pty Ltd ABN 21 006 627 210 Registered Building Practitioner CDB-U 49366.
Date last updated: 2nd August 2022