This process involves signing a contract for a property before construction has been completed. Before putting pen to paper, it’s important to seek legal advice to ensure that you are protected. We are property law experts, and we can review your contract and handle all the legal elements of your purchase, minimising the stress and maximising the security for you.
Off-plan purchases only occur before the building process is complete. You can invest in these properties at the following stages:
Off the plan purchases are attractive to potential homeowners and investors alike. This is primarily because of the financial benefits involved in the process. The main benefits are:
Buying apartments and houses before construction is a bit like ordering a meal at the restaurant. Your knowledge of the property is reliant entirely on floor plans, artist’s impressions and other information. As well as this, you may face the following challenges:
It can be difficult for buyers to terminate or be released from their contract. This is why it is essential to seek legal advice before making a purchase.
It is important to review every contract of sale, especially when you don’t know exactly what you’re getting. We are a team of property law experts, who will work to get answers, make progress and cut through the legal jargon.
We will examine your contract in fine detail and search for unreasonable clauses or important omissions. We can:
Before entering into an agreement, you should consult a range of professionals to safeguard your interests. Some steps you should take include:
