Forward sale deposit structure?
Has anyone been involved in a forward sale, and if so would you be able to recommend a deposit structure? Are there milestones to hit etc? 

Thanks
[{"id": "fdngh23", "text": "Hi.\n\nThat depends. Can you tell me more? Gross deal size ($$), when will it be completed? Will you have a completion date with a penalty structure if you go past that date? Which side of this equation are you on ? buyer or seller? what is the experience level of all parties? refundable or not refundable? etc.\n\nRegards\n\nDave", "replies": [{"id": "fdnl74u", "text": "Hi Dave, spec office with buyer occupying the building (I would also be interested in structure if purchaser wasn't occupying) deal size is $120m. Completion would be (3) years out following rezoning approval. Penalty structure included for construction delays. I am on the buyer side. Developer is proven, refundable and non refundable has not yet been established. Buyer is not well established locally, but large international holdings.", "replies": [], "depth": 2}], "depth": 1}]