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Pre Sale Contract Check

Featured Replies

Hi

I am very keen on a Condo

The Condo is on a complex of which the first phase is finished

The one i am interested in has been owned for a year

We have agreed a price in principal and we are going through the developer

They have have sent me a pre contract in English for me to sign and get checked to confirm my interest

Although everything looks ok obviously i need an independabt lawyer ti check it out?

The developer have there own

Any advice please?

Why would you be dealing with the developer, buying a condo thats already owned ? If its a resale you would be dealing with the current owner. I suspect you are maybe buying the "contract to buy", if so that will mean lots of expenses for you like sinking fund, elec meter etc.

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