Single Contract

Single or One-Part Contract combine the house & land contracts into a single document.

These are typically already approved and can often already be under construction or even completed. A single contract option are preferred by some investors and lenders. Apartments and townhouses are the most common property types for single contract.

Absolute Price Certainty: The total turnkey cost is locked in from day one, eliminating surprise site costs, hidden builder fees, or material price hikes. 

No Progress Payments: Investors typically pay a standard upfront deposit and nothing further until completion and handover, avoiding staged construction draws. 

Streamlined Finance & Settlement: Only one set of paperwork, one builder, and a single finance approval are required, acting much like purchasing an established home. 

Reduced Construction Risk: The builder or developer carries the primary risk for labor delays and material cost escalations during the build phase. 

Faster Process & Lower Holding Costs: It removes the third-party delays, multi-party legal friction, and valuation hurdles common in traditional two-part split contracts.