property-development

An off the plan contract is a contract for the sale or purchase of a block of land or a unit for which a separate title has not yet been created. The buyer is buying the block or unit by reference to a plan and not being able to physically inspect the block or unit. This is particularly the case for unit blocks where presales are required before construction can start.

There are a complex issues for a buyer to be aware and we strongly recommend to instruct the solicitor to advise you on the contract, its terms and potential hazards.

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