Hi Rioters.
Does anyone have experience with rescission of contract when purchasing off the plan?

Hi Rioters.
Does anyone have experience with rescission of contract when purchasing off the plan?
greenbamboo said :
I did investigate this once. You’d have to have a pretty good reason to expect to walk away without forfeiting your deposit.
I know of one person that rescinded an off-the-plan contract and got their deposit back due to massive delays with the project being completed. However, at that time, there was still reasonable growth in the apartments market, so the developer was probably able to re-allocate the apartment, potentially at a profit.
In the current market, the developer might put up a bigger fight.
I did investigate this once. You’d have to have a pretty good reason to expect to walk away without forfeiting your deposit.
Well let's call the elephant out in the room right now - it is now very costly to do anything in… View
nearly $1 million in upgrades for Dickson while Woden's pool is getting bulldozed. A perfect summary… View
I loved the story of the Champions Board. It's amazing that it ended up in Victoria but then found… View
Do you think this because Burnie Court, Allawah Court, Bega Court and Currajong Court were such… View
There are. Many, many, many of them. We owned and lived in one (terrace house with shared walls on… View
So it seems to me, from this stream of comments, that it’s not the apartment / townhouse / unit… View
It was encouraging to hear Chris Steel on the radio earlier today saying that the Woden CIT will be… View
As the centre of Canberra it makes sense to have tall buildings there. My main concern is a lack of… View
55 storey towers? You've got to be kidding me. I wouldn't like to be anywhere near Woden when the… View
Mark Sheppard Bathrooms and RenovationsCanberra’s leading renovator, specialising in residential renovation services.
Asset Construction HireLocally run construction hire company, providing clients with superior equipment.
Canberra Southern Cross ClubWe're proud to give you a place where friends and family can come together for good food and great entertainment.
Velocity ConveyancingEstablished in 1968, we are professional solicitors focusing on conveyancing.
Clarity Home LoansA passionate team of Canberrans helping other Canberrans secure their home loans. No frills, no commissions, no brainer.
Huglo SolarYour energy mate, providing straight forward solar and battery advice that saves you money, and reduces the impact on the environment.
William Cole FuneralsWe offer everything you need to celebrate and farewell your loved one.
DDCS LawyersCanberra’s leading relationship lawyers, specialising in family law, including divorce, as well as wills and estate planning.
Want the best Canberra news delivered daily? Every day we package the most popular Region Canberra stories and send them straight to your inbox. Sign-up now for trusted local news that will never be behind a paywall.