phoque
11-04-17, 21:17
Hi Guys,
i bought a new condo, but unfortunately TOP have been delayed for approx 13 months and looking to be further delayed for an another 5-6mths (total : 19mths)
While, there would be compensation, i am curious to find out how far/long can the TOP date be deferred?
In case you asked, i have sent an email to my lawyer to relook at the contract and protect our rights and am waiting for a reply.
I though i might just post it here to garner some inputs.
The purpose of the post is to understand the procedures and industry practices of the property market which i am totally unfamiliar with.
Naming of development/purchase price, blah blah.. is unlikely to serve constructive purpose.
Thanks for reading
Phoque
i bought a new condo, but unfortunately TOP have been delayed for approx 13 months and looking to be further delayed for an another 5-6mths (total : 19mths)
While, there would be compensation, i am curious to find out how far/long can the TOP date be deferred?
In case you asked, i have sent an email to my lawyer to relook at the contract and protect our rights and am waiting for a reply.
I though i might just post it here to garner some inputs.
The purpose of the post is to understand the procedures and industry practices of the property market which i am totally unfamiliar with.
Naming of development/purchase price, blah blah.. is unlikely to serve constructive purpose.
Thanks for reading
Phoque