Housing Market Background

Beware: Developers may be tempted to use sunset clauses to cancel NSW property contracts in a rising market

In real property terms, buying off the plan mean signing a contract to purchase a property, whether it is an apartment, townhouse or a house and land before it is built.  Buyers would pay a 10% deposit upfront and can be left waiting for years for the project to be completed and settled.  On top [...]

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