
Off-the-Plan Contracts
Crownmark Lawyers advises purchasers on off-the-plan property contracts, where a property is purchased before construction is completed. These transactions can offer opportunities, but they also involve unique legal and commercial risks that require careful consideration before a commitment is made.
We assist clients in reviewing off-the-plan contracts to identify key issues such as delayed completion, design changes, sunset dates, variations to lot size or layout, and the circumstances in which a developer may terminate the contract. Our advice is focused on helping clients understand how these provisions operate in practice and how they may affect timing, financing, and value.
Crownmark Lawyers provides clear guidance on statutory protections, disclosure requirements, and the interaction between the contract, the plan of subdivision, and applicable legislation. Where appropriate, we advise on negotiating amendments or additional safeguards to address identified risks.
Off-the-plan purchases often involve longer timeframes and evolving circumstances. We aim to provide advice that allows clients to proceed with a clear understanding of their position, the potential risks involved, and the options available to them if circumstances change.
Our services include:
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Review of off-the-plan contracts
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Advice on sunset clauses and termination rights
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Assessment of variation and delay provisions
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Review of disclosure statements and plans
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Advice on statutory protections and cooling-off rights
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Negotiation of amendments where appropriate
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Ongoing advice during the life of the contract
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