New Protection for Off-the-plan Purchasers Against Unjust Cancellat...

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 ...

Buying off-the-plan

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...

What is a section 27 and should I sign it? The quick guide to early...

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...

Why I hate off the plan apartments

I’ll come out and say it: my heart sinks every time a client comes to me with an off the plan contract to review.  Why?First, I like it when my clients are happy at the end of our involvement together.  And once off the plan apartments are FINALLY finished (usually way over the estimated timefram...

Should I get a lawyer to look at a real estate contract before sign...

It is always preferable to prevent problems, rather than try to fix them after the event.  That is why Nest Legal offers two free contract reviews for potential purchasers.  We much prefer preventing problems than delivering bad news once it is all too late!Here are some examples of problems that...