Glossary
What is delivery date?
The delivery date is the contractual date on which a developer must hand over a completed unit to its buyer. For off-plan sales in Egypt it is typically several years after contract, and it governs both the payment schedule and the buyer's remedies if it slips.
Contractual versus marketed
The date in the brochure and the date in the contract are not always the same, and only one of them is enforceable. The contractual date, plus any grace period the contract grants the developer, is the date a buyer should plan around.
What it governs
Delivery triggers the final instalments in many plans, the maintenance deposit, the start of service charges, and the warranty period. It is also when the buyer's finishing costs arrive, which is why the delivery year matters to affordability as much as the instalment does.
Delay
Delay clauses vary widely: a defined grace period, then compensation on a formula, and rarely a right to terminate. A buyer should read the delay remedy before signing, because it is the only leverage available if the date slips.
Frequently asked questions
- Can a delivery date be brought forward?
- Occasionally, though buyers on instalment plans may not welcome it — earlier delivery pulls forward delivery payments and finishing costs. Developers usually offer rather than impose it.
- Where is the delivery date recorded?
- In the contract, and — where the developer runs on a digital record — on the unit itself, alongside its construction milestone and handover status, so a buyer is not relying on a salesperson's recollection.
Related
See it against your own inventory
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