Down Payment
In the purchase offer, also called the Letter Of Intent, you will include 10% down payment toward the purchase. This will give the seller a sense that you are a serious purchaser. 

Terms of the Purchase
Within the purchase offer, terms will be listed that the offer is  contingent upon, qualifying for a mortgage, structural survey, and obtaining a Non Belongers Land Holders License from the Government of the British Virgin Islands,, within a 18 months of the signing of the Agreement of Sale and Purchase.