{"id":2712,"date":"2025-02-04T12:59:49","date_gmt":"2025-02-04T02:59:49","guid":{"rendered":"https:\/\/anp-au.com\/?p=2712"},"modified":"2025-02-04T12:59:52","modified_gmt":"2025-02-04T02:59:52","slug":"%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95","status":"publish","type":"post","link":"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/","title":{"rendered":"Australia&#039;s off-the-plan property buying guide: How Queensland&#039;s latest law reforms protect buyers"},"content":{"rendered":"<p class=\"wp-block-paragraph\">With the Queensland Government <strong>November 22, 2023<\/strong> Through new real estate law reforms,<strong>Sunset Clauses in Off-the-Plan Sales and Purchase Agreements Have Been Tightened<\/strong>, to strengthen the rights of buyers. These new regulations apply to <strong>Land sales<\/strong>(excluding community title schemes such as condominiums) and <strong>Termination conditions of the contract between the buyer and the developer<\/strong> Make major adjustments.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents Overview<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#%F0%9F%93%8C_%E4%BB%80%E9%BA%BC%E6%98%AF%E6%A8%93%E8%8A%B1%E8%B3%BC%E8%B2%B7_Buying_Off_the_Plan%EF%BC%9F\" >\ud83d\udccc What is Buying Off the Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#%F0%9F%93%8C_%E6%96%B0%E6%B3%95%E5%BE%8B%E6%94%B9%E9%9D%A9%EF%BC%9A%E6%A8%93%E8%8A%B1%E5%90%88%E7%B4%84%E7%9A%84%E6%97%A5%E8%90%BD%E6%A2%9D%E6%AC%BE_Sunset_Clauses_%E8%A6%8F%E5%AE%9A%E8%AE%8A%E6%9B%B4\" >\ud83d\udccc New legal reform: Changes to sunset clauses in pre-sale contracts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#%F0%9F%93%8C_%E6%A8%93%E8%8A%B1%E4%BA%A4%E6%98%93%E7%9A%84%E9%97%9C%E9%8D%B5%E6%B3%95%E5%BE%8B%E8%A6%8F%E5%AE%9A\" >\ud83d\udccc Key legal provisions for pre-sale property transactions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#1%EF%B8%8F%E2%83%A3_%E6%8A%AB%E9%9C%B2%E8%81%B2%E6%98%8E_Disclosure_Statement\" >1\ufe0f\u20e3 Disclosure Statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#2%EF%B8%8F%E2%83%A3_%E5%90%88%E5%90%8C%E7%9A%84%E6%B3%95%E5%BE%8B%E7%B4%84%E6%9D%9F%E5%8A%9B\" >2\ufe0f\u20e3 Legal binding force of the contract<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#3%EF%B8%8F%E2%83%A3_%E9%87%8D%E5%A4%A7%E4%B8%8D%E5%88%A9%E8%AE%8A%E6%9B%B4_Material_Prejudice_%E4%B8%8B%E7%9A%84%E5%90%88%E5%90%8C%E5%8F%96%E6%B6%88%E6%AC%8A\" >3\ufe0f\u20e3 Right to cancel the contract under material prejudice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#4%EF%B8%8F%E2%83%A3_%E8%B2%B7%E5%AE%B6%E5%9B%A0%E5%BB%B6%E9%81%B2%E4%BA%A4%E5%89%B2_Failure_to_Settle_%E5%8F%96%E6%B6%88%E5%90%88%E7%B4%84%E7%9A%84%E6%AC%8A%E5%88%A9\" >4\ufe0f\u20e3 Buyer\u2019s right to cancel the contract due to failure to settle<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#%F0%9F%93%8C_%E8%B2%B7%E6%A8%93%E8%8A%B1%E7%9A%84%E9%A2%A8%E9%9A%AA%E8%88%87%E6%87%89%E5%B0%8D%E7%AD%96%E7%95%A5\" >\ud83d\udccc Risks and coping strategies for buying pre-sale properties<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/anp-au.com\/en\/%e6%be%b3%e6%b4%b2%e3%80%8c%e6%a8%93%e8%8a%b1%e3%80%8d%e8%b3%bc%e8%b2%b7%e6%8c%87%e5%8d%97%ef%bc%9a%e6%98%86%e5%a3%ab%e8%98%ad%e6%9c%80%e6%96%b0%e6%b3%95%e5%be%8b%e6%94%b9%e9%9d%a9%e5%a6%82%e4%bd%95\/#%F0%9F%93%8C_%E7%B8%BD%E7%B5%90%EF%BC%9A%E5%A6%82%E4%BD%95%E7%A2%BA%E4%BF%9D%E6%A8%93%E8%8A%B1%E4%BA%A4%E6%98%93%E5%AE%89%E5%85%A8%EF%BC%9F\" >\ud83d\udccc Summary: How to ensure the safety of pre-sale property transactions?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p class=\"wp-block-paragraph\">If you are planning to buy a property off the plan, this article will explain in detail <strong>The latest regulatory changes, potential risks, and contract requirements<\/strong> and <strong>How to protect your own rights and interests<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_%E4%BB%80%E9%BA%BC%E6%98%AF%E6%A8%93%E8%8A%B1%E8%B3%BC%E8%B2%B7_Buying_Off_the_Plan%EF%BC%9F\"><\/span><strong>\ud83d\udccc What is Buying Off the Plan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Buying a &quot;pre-sale property&quot; means <strong>Before the property construction is completed<\/strong>,Right now <strong>When the land has not yet been registered or the building is still under construction<\/strong>, a sales contract is signed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This purchase method brings <strong>Investment potential<\/strong>, but also accompanied by <strong>risk<\/strong>,For example:<br>\u2714 <strong>Unable to personally confirm the final architectural results<\/strong><br>\u2714 <strong>Construction work may be delayed<\/strong><br>\u2714 <strong>Market price fluctuations may affect investment returns<\/strong><br>\u2714 <strong>Contract terms allow for the cancellation of the transaction, which may affect the buyer&#039;s rights<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83d\udca1 Expert Advice<\/strong>\uff1aBecause pre-sale transactions involve complex terms, it is recommended to consult before signing <strong>Real Estate Lawyer<\/strong>, make sure you understand the contract details.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_%E6%96%B0%E6%B3%95%E5%BE%8B%E6%94%B9%E9%9D%A9%EF%BC%9A%E6%A8%93%E8%8A%B1%E5%90%88%E7%B4%84%E7%9A%84%E6%97%A5%E8%90%BD%E6%A2%9D%E6%AC%BE_Sunset_Clauses_%E8%A6%8F%E5%AE%9A%E8%AE%8A%E6%9B%B4\"><\/span><strong>\ud83d\udccc New legal reform: Changes to sunset clauses in pre-sale contracts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sunset Clause<\/strong> It is a special clause in the off-plan property contract that allows the developer to cancel the transaction under certain circumstances, such as <strong>The project was not completed within the agreed time limit<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">from <strong>November 22, 2023<\/strong> rise,<strong>Developers can only use sunset clauses to terminate pre-sale contracts in the following three circumstances:<\/strong>:<br>1\ufe0f\u20e3 <strong>Obtain written consent from the buyer<\/strong><br>2\ufe0f\u20e3 <strong>Ordered by the Supreme Court of Queensland<\/strong><br>3\ufe0f\u20e3 <strong>Other special circumstances stipulated by law<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>These reforms apply to the following contracts:<\/strong>:<br>\u2714 <strong>Contracts for pre-sale properties signed but not completed before November 22, 2023<\/strong><br>\u2714 <strong>All pre-sale contracts signed after November 22, 2023<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>Developers are not allowed to withdraw the deposit paid by buyers in advance<\/strong><br>Under the new law, developers <strong>Only at delivery<\/strong>(or otherwise legally required by the contract) to withdraw the deposit from the trust account. This further protects the buyer from unilateral termination of the contract due to a shortage of funds or market fluctuations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_%E6%A8%93%E8%8A%B1%E4%BA%A4%E6%98%93%E7%9A%84%E9%97%9C%E9%8D%B5%E6%B3%95%E5%BE%8B%E8%A6%8F%E5%AE%9A\"><\/span><strong>\ud83d\udccc Key legal provisions for pre-sale property transactions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1%EF%B8%8F%E2%83%A3_%E6%8A%AB%E9%9C%B2%E8%81%B2%E6%98%8E_Disclosure_Statement\"><\/span><strong>1\ufe0f\u20e3 Disclosure Statement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Under Queensland property regulations, developers must provide <strong>Disclosure Statement<\/strong> (Disclosure Statement) to the buyer, which should include:<br>\u2714 <strong>Seller&#039;s name and contact address<\/strong><br>\u2714 <strong>Buyer&#039;s name and address<\/strong><br>\u2714 <strong>Detailed information about the property being purchased (e.g. plot number, total area, orientation)<\/strong><br>\u2714 <strong>Construction engineering details (e.g. earthworks, foundation works)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Buyers must sign a disclosure statement to ensure they understand the transaction<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2%EF%B8%8F%E2%83%A3_%E5%90%88%E5%90%8C%E7%9A%84%E6%B3%95%E5%BE%8B%E7%B4%84%E6%9D%9F%E5%8A%9B\"><\/span><strong>2\ufe0f\u20e3 Legal binding force of the contract<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">once <strong>Buyer signs contract with developer<\/strong>, the contract becomes legally binding.<br>However, in certain circumstances,<strong>The buyer or seller can legally terminate the contract<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>Buyers should consult a real estate attorney before signing to ensure they understand the terms and their rights.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3%EF%B8%8F%E2%83%A3_%E9%87%8D%E5%A4%A7%E4%B8%8D%E5%88%A9%E8%AE%8A%E6%9B%B4_Material_Prejudice_%E4%B8%8B%E7%9A%84%E5%90%88%E5%90%8C%E5%8F%96%E6%B6%88%E6%AC%8A\"><\/span><strong>3\ufe0f\u20e3 Right to cancel the contract under material prejudice<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If the developer <strong>Changed the content of the disclosure statement<\/strong>, and the change will affect the buyer<strong>Significant adverse effects<\/strong> (Material Prejudice), the buyer has the right to cancel the contract.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>Conditions for cancellation of contract<\/strong>:<br>\u2714 <strong>Changes to content that have a significant negative impact on buyers<\/strong>(such as a significant reduction in land area)<br>\u2714 <strong>The buyer must notify the cancellation of the contract within the following time limits<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Within 30 days after receiving the developer&#039;s notice<\/strong><\/li>\n\n\n\n<li><strong>Before the transfer of property ownership<\/strong>(whichever is earlier)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Australian courts will determine the standard of &quot;significant adverse impact&quot; based on past cases<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4%EF%B8%8F%E2%83%A3_%E8%B2%B7%E5%AE%B6%E5%9B%A0%E5%BB%B6%E9%81%B2%E4%BA%A4%E5%89%B2_Failure_to_Settle_%E5%8F%96%E6%B6%88%E5%90%88%E7%B4%84%E7%9A%84%E6%AC%8A%E5%88%A9\"><\/span><strong>4\ufe0f\u20e3 Buyer\u2019s right to cancel the contract due to failure to settle<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">according to <strong>Land Sales Act 1984<\/strong>, developers must <strong>Within 18 months<\/strong> Complete the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>If the developer fails to deliver within 18 months<\/strong>(and the buyer has not breached the contract), the buyer may terminate the contract by giving written notice.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u26a0 <strong>Notice<\/strong>\uff1aAccording to the law, developers <strong>cannot<\/strong> While some companies may have the right to unilaterally terminate the deal after 18 months, they may include this right in the contract via a sunset clause. Therefore, make sure your lawyer carefully reviews the terms of the contract before signing!<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_%E8%B2%B7%E6%A8%93%E8%8A%B1%E7%9A%84%E9%A2%A8%E9%9A%AA%E8%88%87%E6%87%89%E5%B0%8D%E7%AD%96%E7%95%A5\"><\/span><strong>\ud83d\udccc Risks and coping strategies for buying pre-sale properties<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Potential risks of buying off-plan properties<\/strong>:<br>\u274c <strong>Delays in construction works<\/strong> \u2013 Construction may be delayed due to material shortages or labor shortages<br>\u274c <strong>Final design differs from the advertisement<\/strong> \u2013 The actual building may differ from the original design<br>\u274c <strong>Market price changes<\/strong> \u2013 The market price at the time of entry may be different from the market price at the time of delivery<br>\u274c <strong>Developer financial problems<\/strong> \u2013 If the developer goes bankrupt, the buyer may not be able to get back the deposit<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>How to reduce risks?<\/strong><br>\u2705 <strong>Ensure contract terms are reasonable<\/strong> \u2013 Avoid contracts that include overly permissive sunset clauses<br>\u2705 <strong>Maintain regular communication with developers<\/strong> \u2013 Understand the project progress and possible changes<br>\u2705 <strong>Hire a professional real estate lawyer<\/strong> \u2013 Ensure the contract is fair and in your best interest<br>\u2705 <strong>Check the developer\u2019s track record<\/strong> \u2013 Understand its credibility and ability to fulfill its obligations<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8C_%E7%B8%BD%E7%B5%90%EF%BC%9A%E5%A6%82%E4%BD%95%E7%A2%BA%E4%BF%9D%E6%A8%93%E8%8A%B1%E4%BA%A4%E6%98%93%E5%AE%89%E5%85%A8%EF%BC%9F\"><\/span><strong>\ud83d\udccc Summary: How to ensure the safety of pre-sale property transactions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u2705 <strong>Stay up to date on legal changes<\/strong>, to ensure your rights are protected<br>\u2705 <strong>Review the contract carefully<\/strong>, ensuring that sunset clauses and closing conditions are fair<br>\u2705 <strong>Ensure the disclosure statement is complete<\/strong>, to avoid future disputes<br>\u2705 <strong>If the transaction is not completed within 18 months, you have the right to terminate the contract.<\/strong><br>\u2705 <strong>Seek professional legal advice<\/strong>, make sure you understand all risks and rights before signing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>The Queensland government plans to review this reform within 1 to 2 years and may further adjust the regulations on pre-sale property transactions in the future.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83d\udce2 Before buying a pre-sale property, be sure to discuss with a professional lawyer and financial advisor to ensure the safety of your investment!<\/strong> \ud83c\udfe1\ud83d\udcb0<\/p>","protected":false},"excerpt":{"rendered":"<p>\u96a8\u7740\u6606\u58eb\u862d\u653f\u5e9c\u65bc 2023 \u5e74 11 \u6708 22 \u65e5 \u901a\u904e\u65b0\u7684\u623f\u5730\u7522\u6cd5\u5f8b\u6539\u9769\uff0c\u6a13\u82b1 (Off-the-Plan) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[],"tags":[],"class_list":["post-2712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/2712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/comments?post=2712"}],"version-history":[{"count":1,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/2712\/revisions"}],"predecessor-version":[{"id":2713,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/2712\/revisions\/2713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/media\/2597"}],"wp:attachment":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/media?parent=2712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/categories?post=2712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/tags?post=2712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}