Infinity Hartaway

Terms and Conditions

Engagement

  1. By signing the booking form together with these Terms & Conditions, you enter into a contract with the Company. You also consent to the collection, use, and disclosure of your personal data for loan application processing, property booking, and related communication with developers, banks, and appointed legal representatives, in accordance with the Personal Data Protection Act 2010.

Property Deal and Payment

  1. The duly completed Property Deal Opportunity Form must be submitted along with the following documents within SEVEN (7) DAYS from the deposit payment date:
    1. Photocopy of NRIC (both sides) and/or a copy of the passport information page.
    2. Booking Form, Consent Form, Bank Loan Application Form, and/or any other relevant document(s) required by the Developer.
    3. A full set of personal documents for the loan application.
  2. The bank's approval and the Loan Offer Letter (LO) must be obtained within TWENTY-ONE (21) days from the deposit payment date.
  3. The Sale and Purchase Agreement (SPA) must be signed by the Purchaser(s) within THIRTY (30) days from the date of deposit payment.
  4. Unit availability is based on a first-loan-approved, first-secured basis. The developer reserves the right to reassign any available units based on availability.
  5. The special rebate will be used to offset part of the progressive payment, as stipulated in the SPA's payment schedule and in accordance with the terms and conditions.
  6. A portion of the rebates will be set off against other expenses charged by the developer, Joint Management Body, and/or the Management Committee upon delivery of vacant possession of the property to the purchaser (if any).
  7. Any refund or excess payment by the developer, pursuant to the discount or rebate given, will be paid to the purchaser free of interest, either by cheque or direct remittance, within the timeframe specified in the rebate letter.

Transfer or Cancellation

  1. The unit(s) booked by the purchaser(s) may be transferred to any party or entity without charges, subject to approval by Infinity Hartaway Sdn Bhd.
  2. Cancellation within seven (7) days from the deposit payment date is allowed and will be eligible for a refund, subject to Clause 16. Any cancellation after seven (7) days will not be entitled to a refund, except as provided under Clauses 11 and 12, and all such refunds shall remain subject to Clause 16.
  3. In the event of cancellation due to loan rejection within TWENTY-ONE (21) days from the deposit payment date, the deposit paid will be fully refunded, provided that at least TWO (2) rejection letters from banks are submitted. The refund is subject to Clause 16.
  4. In the event of cancellation due to loan rejection after TWENTY-ONE (21) days but before THIRTY (30) days from the deposit payment date, 50% of the deposit paid will be refunded, provided that at least two (2) rejection letters from any banks are submitted. The refund is subject to Clause 16.
  5. In the event of cancellation due to loan rejection or any unforeseen circumstances after THIRTY (30) days from the deposit payment date, the deposit paid will be forfeited.
  6. In the event of cancellation where the loan has been approved for an amount not less than the net purchase price of the unit after rebate, there will be no refund of the deposit paid.
  7. In the event of multiple or aggressive purchases, with or without prior notice to Infinity Hartaway before the deposit payment, which result in undesirable outcomes such as a lower margin of finance or withdrawal of the loan by the end-financier, there will be no refund of the deposit paid.
  8. All refunds are subject to a 5% administrative charge (inclusive of CTOS report fees) and any other penalties as specified in the relevant documents, if any. Refunds will be processed within THIRTY (30) days, subject to Clause 17.
  9. All cancellations must be accompanied by a completed refund form submitted to us with valid reasons. Personal reasons submitted after the stated timeframe, such as failure to secure a joint venture partner, debt servicing ratio (DSR) issues, or profile-related issues will not be entertained, and no refund will be granted under such circumstances due to liquidated damages incurred by us.

Indemnification

  1. You agree to indemnify us against all losses or damages that may be suffered by Infinity Hartaway Sdn Bhd, or any of its affiliates or representatives, as a result of your actions. In witness whereof, the parties have executed this contract on the date and year stated in the written form.
  2. Infinity Hartaway Sdn Bhd reserves the right to amend these Terms & Conditions from time to time. However, changes affecting paid deposit will not take effect without prior notice to the purchaser.

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