Buying a property

Buying ‘off the plan’

When buying an off the plan property, the buyer is essentially purchasing a property that is yet to be constructed or developed. The process involves signing a contract to purchase the property, often before construction has begun, with the final purchase taking place years later once the property has been completed.

Buying an off-the-plan property can be an exciting prospect, but it is important to understand the process and the potential risks involved. At Biz Lawyers & Advisory, we specialise in property law and can help guide you through the legal and practical aspects of purchasing an off-the-plan property

Our team of experienced property lawyers can assist you in the following ways:

  • 1.

    Reviewing the Contract of Sale: The contract of sale is a critical document when purchasing an off-the-plan property. Our lawyers will review the contract to ensure that it is legally sound, that the terms are reasonable and appropriate, and that you understand your rights and obligations as a buyer.

  • 2.

    Providing Legal Advice: It is important to be aware of the risks involved in buying off the plan, including changes to the property design or specifications, delays in construction, and issues with financing. Our team can provide you with comprehensive legal advice on any questions or concerns you may have about purchasing an off-the-plan property. We can guide you through the legal requirements of the sale, explain the risks and benefits of purchasing off-the-plan, and provide you with an understanding of your rights and obligations under the contract.

  • 3.

    Assistance with Settlement: Settlement is the final stage of the purchase process, where ownership of the property is transferred to the buyer. Our team can ensure that all necessary legal and financial requirements are met, and that the settlement process is completed smoothly and efficiently.

  • 4.

    Assistance with Disputes: If you encounter any issues or disputes during the purchase process, our team can provide you with legal advice and representation to help you resolve the issue as quickly and effectively as possible.

At Biz Lawyers & Advisory, we are committed to providing our clients with personalised and comprehensive legal services to help ensure our buyers obtain a successful outcome.

Off the Plan

Buying ‘off the plan’

When buying an off the plan property, the buyer is essentially purchasing a property that is yet to be constructed or developed. The process involves signing a contract to purchase the property, often before construction has begun, with the final purchase taking place years later once the property has been completed.

Buying an off-the-plan property can be an exciting prospect, but it is important to understand the process and the potential risks involved. At Biz Lawyers & Advisory, we specialise in property law and can help guide you through the legal and practical aspects of purchasing an off-the-plan property

Our team of experienced property lawyers can assist you in the following ways:

pre-contract inspection
Step 1

Reviewing the Contract of Sale:

The contract of sale is a critical document when purchasing an off-the-plan property. Our lawyers will review the contract to ensure that it is legally sound, that the terms are reasonable and appropriate, and that you understand your rights and obligations as a buyer.


Step 2

Providing Legal Advice:

It is important to be aware of the risks involved in buying off the plan, including changes to the property design or specifications, delays in construction, and issues with financing. Our team can provide you with comprehensive legal advice on any questions or concerns you may have about purchasing an off-the-plan property. We can guide you through the legal requirements of the sale, explain the risks and benefits of purchasing off-the-plan, and provide you with an understanding of your rights and obligations under the contract.

negotiation and exchange of contract

pre-settlement
Step 3

Assistance with Settlement:

Settlement is the final stage of the purchase process, where ownership of the property is transferred to the buyer. Our team can ensure that all necessary legal and financial requirements are met, and that the settlement process is completed smoothly and efficiently.


Step 4

Assistance with Disputes:

If you encounter any issues or disputes during the purchase process, our team can provide you with legal advice and representation to help you resolve the issue as quickly and effectively as possible.

settlement

At Biz Lawyers & Advisory, we are committed to providing our clients with personalised and comprehensive legal services to help ensure our buyers obtain a successful outcome.

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