Purchasers
of off-the-plan residential properties will most probably have come across the
term 'sunset clause' in their contracts for sale. What is actually a 'sunset
clause'? A sunset
clause is a common provision contained in a contract for sale of off-the-plan
property by which either the ...
Basically, purchasing off-the-plan means you are buying a property that has not yet been built. The development can take a few years from the signing of the contract, which usually provides an estimated completion date. I get plenty of first home owners utilising this method of purchasing their f...
When you
buy property, there is a constant stream of paperwork, many referred to by
unhelpful names like a “Section 27”.
Clients are sometimes confused as to why this document exists or whether
they should sign, so here’s a quick rundown.
The deposit...
Buying-off the plan is similar to going on a first date. You don’t know what to expect and it doesn't always end well. Preparing for your first face-to-face encounter you feel nervous. You’re confident you have done your research, you’re on top of your game and the photos look promising. However,...