“Off the Plan” buyers of residential property should be aware of the ramifications of “The Sunset Clause”
It relates to the time given for the developer or builder to complete a project.
In some cases the contract provides 5 years for completion which is a long time for money (deposit) to be tied up but more importantly hopes to live in a building may be dashed. Also there is no guarantee that a development will even start.
A Buyers’ Advocate (or Buyers’ Agent) is a licensed professional who specialises in searching, evaluating and negotiating the purchase of property on behalf of the buyer. In our role as your Buyers Agent we exclusively represent you as the home buyer or property investor and assist throughout the process of purchasing residential and commercial real estate.