CitiTower Legal

Terms & Conditions

Last updated: January 2026

1. Pre-Reservation & Founding Member Deposit

Reserving a unit in CitiTower constitutes an exclusive pre-construction reservation. The $1,000 founding member deposit secures your preferred apartment unit and locks your base purchase price against future market price adjustments prior to general public release.

2. Formal Contract & Execution

Following confirmation of your deposit, an official CitiTower Pre-Sale Purchase and Development Agreement will be issued to your registered email address via SignWell. The agreement must be executed electronically within 14 calendar days to maintain priority reservation status.

3. Milestone-Based Payment Schedule

Payment installments are structured strictly around verified construction milestones (e.g., groundbreaking, foundation completion, structural topping-out, facade completion, and handover). An itemized payment schedule will be formally provided upon permit issuance and construction commencement.

4. Refund & Cancellation Terms

Founding member deposits are 100% refundable prior to the countersigning of the definitive purchase agreement. In the unlikely event that construction does not break ground by the target date outlined in your agreement, your deposit will be refunded in full without penalty.

5. Unit Specifications & Modifications

Renderings, architectural layouts, and finishes displayed on cititower.com represent the design vision of the development team. CitiTower reserves the right to make minor structural or material substitutions of equivalent or superior quality as mandated by architectural engineering or regulatory compliance.

6. Governing Law

All pre-reservation terms and subsequent real estate development contracts are governed by and construed in accordance with the laws and building codes of Albania.

Have questions regarding our terms or founding member agreements?