The new state finance, services and property director, Dominique (Victor Dominello), announced a reform proposal on Saturday in an effort to provide stronger protection for prospective buyers, the Ausa news agency reported. Under the proposal, new state homebuyers can terminate contracts or claim compensation if they are seriously affected by changes in property policy. Dominique said in a press release: "the purchase of pre-term housing has become more and more popular, but there is also a risk." Buyers cannot rely solely on luxury display centers and exquisite pamphlets. "
The rights and interests of prospective buyers in new state will be protected
The press release said the proposed changes would affect disclosure, cooling cycles, good faith deposits and sunset terms. Singh (Savita Singh) was "very excited" to hear the news. About four years ago, Singh bought a flat in Ramsgate (Ramsgate), south of Sydney, but the apartment she eventually got was in many ways different from what she had expected.
"it makes me very nervous," Singh told reporters in Sydney. We do not know who to look for, what to do, the relevant laws are not in place. I was very disappointed when I learned about the appearance and the details of the building. "
According to the reform proposal, the seller shall provide the buyer with a copy of the proposed plan, the charter and the completion schedule before the contract is signed. The seller must provide a copy of the final plan and notice of change at least 21 days before the buyer`s payment term arrives. If the disclosure changes and the buyer is seriously affected, the buyer will have the right to terminate the contract or claim compensation.
