TERMS & CONDITIONS
1. The Fast Track Guarantee:
a. applies only to eligible owners who have signed a PPA after 1 August 2022 and the Fast Track Guarantee promotion may be discontinued at any time by the Builder;
b. must be expressly noted on the PPA as a special condition to apply;
c. must be expressly noted on the Addenda to the HIA Building Contract as a special condition to apply;
d. will only apply if these Terms and Conditions are executed by the Owner and the Builder;
e. is only applicable for owners who have selected a single storeydesign from Summit Homes Standard Range Plans;
f. is subject to the Owner obtaining unconditional finance approval and land settlement in the Owner’s name within the Pre-Construction Program timeframe;
g. requires titles to have been issued by Landgate and practical completion of land met and accessible to be surveyed at time of PPA;
h. is not applicable to contracts which require R-Codes Variation, MRA approval, planning approval, demolition of structures or any subdivision prior to construction;
i. is not applicable to contracts for owners who are supplying items or trades;
j. is not applicable to contracts for owners who have requested major structural changes or over five (5) minor structural changes to a Summit Homes Standard Range Plan; and
k. is only applicable to contracts for homes to be built within the Builder’s Zone 1 Perth metropolitan and South West Western Australian region as determined by the Builder.
2. In the event that the Builder is unable to fulfil the Fast Track Guarantee it will pay to the Owner the Compensation subject to these Terms and Conditions.