The Assemble Futures documents that require signing if you are allocated an apartment are now available for you to review. The documents contained in the Dropbox link to the left include:
1. Tenant Acknowledgment
This confirms you understand the key terms of the Assemble Futures Documents comprising the Agreement for Lease and Contract of Sale. You will be required to sign this Tenant Acknowledgment at the time of signing the Assemble Futures documents.
2. Agreement for Lease
An Agreement for Lease (AFL) is used when a landlord (in this case Assemble) grants a tenant (you) a lease in the future and is often used before the premises, the subject of the Lease, have been built. The AFL sets out the agreed rent and lease term and comprises the Lease which gives you the right but not the obligation to lease your apartment for up to 5 years. The AFL also contains the plans and specification of your apartment.
3. Contract of Sale
The Contract of Sale will give you the right but not the obligation to purchase your apartment for the agreed price, after 5 years of leasing.