Off the Plan Purchases

When buying off the plan, it is important that you get the right advice from an experienced professional who can review the contract and advise you of the risks and things you need to know when buying off the plan.

There are a number of things to consider when buying off the plan.

In General

• The date for completion
• If the seller can withdraw from the sale
• Whether you can withdraw from the purchase
• Concerns raised when borrowing money for an off the plan purchase
• how long settlement can be delayed
• the process involved in registering the plan

Buying a Unit

• What changes the developer can make to the schedule of finishes and the layout of your unit
• Whether you can offer your unit for sale prior to settlement
• Whether home warranty insurance is to be supplied
• how are building defects are treated and rectified

Buying Vacant Land

• How the land size can vary
• Location of services
• Council and developer restrictions

These are just to name a few.

Please contact our office today and let one of our senior conveyancers use their expertise to guide you through the buying process in order to make an informed decision before proceeding with your purchase.