OFF-PLAN PROPERTY BUYERS SHOULD INSIST SUNSET CLAUSE REMOVED FROM CONTRACTS - ADVISOR

© RNZ / Angus Dreaver A financial advisor says buyers of new builds can easily avoid being burnt by a sunset clause, by ensuring developers cannot benefit from it. The so-called 'sunset clause' is meant to protect buyers from unreasonably long delays in completing a project.However, they had been increasingly used by some developers to cancel off-plan property contracts, usually...

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