Changes to the Sale of Land Act: can vendors end an off-the-plan contract?

When you buy a house, unit or apartment before construction on the property has finished, you are buying off-the-plan and entering a residential off-the-plan contract.

In legal terms, buying off-the-plan means the property is contained in an unregistered plan of subdivision. This means you agree to pay a set price for the property before it is fully built.

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