8 ELM CAPITAL DEVELOPMENT

• Purchaser’s ID
• $10,000 bank draft payable to Harris Sheaffer LLP in trust —  Only photocopy of the draft for now!

1. Local Deposit Structure (15% Pre-Occupancy & 5% On Occupancy)
   1. $10k Signing
   2. Up to 5% in 30 Days
   3. 5% in 120 Days
   4. 2.5% in 380 Days
   5. 2.5% in 540 days
   6. 5% Occupancy
2. International Buyer Deposit Structure– 20% Deposit – – CAP at 80 sales
   1. $10K at signing
   2. Up to 5% in 30 days
   3. 5% in 120 days
   4. 5% in 360 days
   5. 5% in 540 days
3. Maint Fee: $0.69/SF
4. Purchaser’s Incentives
   1. Free Assignment (Plus legal fees)
   2. Free Right To Lease During Occupancy
   3. Development Charge Caps

                                                               i.      Studio: $15,000

                                                             ii.      1 Bedroom: $16,000

                                                           iii.      2 Bedroom: $18,500

                                                           iv.      3 Bedroom: $20,500

5. Parking – north of $150,000/space – Only 55 spaces available for the largest/most expensive 3 bedrooms – otherwise waitlist.
6. Locker: Only waitlist right now