This On Demand was recorded on 19 May 2026.
With demand for properties high and much development in progress, sales for property off the plan are now a common practice. But sellers, purchasers, lenders and their lawyers need to proceed with care – off-the-plan sales add complexity to the conveyancing process.
This On Demand will take a practical approach in considering some of the key matters in this area, including:
- practical aspects about the property and the development, such as project progress and market conditions;
- the pre-sale agreement, particularly key clauses;
- additional considerations if the property is a unit title and/or an incorporated society is involved;
- issues that commonly arise, such as delay and defects; and
- red flags to which you should be attuned.
Relevant cases and examples will be used to illustrate key points.