Special Conditions for Off the Plan Property Sales
Special Conditions for Off The Plan Property Sales to be used when the vendor does not yet own the land on which the development is to be built. The contract is conditional upon the vendor acquiring the land by a particular time.
Special Conditions for Off The Plan Property Sales
Contains all the features of the standard Special Conditions for Off the Plan Property Sales plus:
- The contract allows the vendor 27 months in which to acquire the land and register a strata plan.
- If the vendor does not acquire the land for whatever reason it may rescind the contract.
Off The Plan Property Sales suitable for both high rise and low rise residential strata plan project.
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Making an offer or an expression of interest. You can buy a property off the plan at an auction or for a fixed price. Developers can also contract several real estate agencies to sell their properties. … they will refund your deposit if you don’t end up entering in a contract to buy the property.