16. For pre-lease and lease contracts, the percentage referred to in paragraph 13 should be …

For pre-lease and lease contracts, the percentage referred to in paragraph 13 should be calculated as follows:

• a. In the numerator, the sum of:

14

• i. the number of legally binding pre-lease contracts with substantial cash deposit or financing ensured in an equivalent manner in accordance with paragraphs 11 and 12 of these Guideline s ;

and

• ii. the number of legally binding lease contracts;
• b. In the denominator, the total number of units that are part of the ADC project related to the residential property.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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