Answer: 

•    The OTP is sent by the agent to the developer to accept.
•    Once signed, you will receive a copy of OTP and M&T’s bond department will contact you to arrange finance via the four major banks.
•    Once a bond is approved, and you have accepted the bank’s offer, the instruction to proceed is sent to the developer’s attorneys.
•    The attorneys will contact you to sign documents required for transfer and registration.
•    Once the unit is ready for transfer (as per conditions on the contract) the attorneys will proceed to lodge the matter at the Deeds Office.
•    Upon registration, the keys of your new home will be handed over to you by your agent on site.
 

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