Payments & escrow
Payments
9 articles in this topic.
Deposits and Stage Payments
Many developments use staged payments linked to construction progress or agreed milestones.
Escrow Payments
Escrow is an arrangement where funds are held securely by an independent party until agreed contractual conditions have been met.
Payment FAQs
Payment schedules are defined in your reservation agreement, sale agreement or payment plan.
Payment Methods
Available payment methods may vary depending on the developer, lender and country.
Payment Receipts and Confirmations
Every payment should be supported by an official receipt or confirmation.
Payment Security
Protecting your money during a property transaction is essential. Always verify payment instructions before transferring funds.
Payments Overview
Okava supports a structured payment process for property purchases, helping buyers understand when payments are due and what each payment covers.
Refunds and Cancellations
Refund and cancellation terms depend on the reservation agreement, sale contract and applicable law.
Reservation Fees
A reservation fee temporarily secures a property while the transaction progresses.