Purchasing or selling property off the plan involves additional legal considerations compared to standard residential transactions. At Easy Home Conveyancing, we provide specialist guidance for off-the-plan sales and purchases to ensure your interests are protected from contract signing through to final settlement.
Off-the-plan transactions often include complex contract terms, extended settlement periods, and specific legal risks — making professional conveyancing support essential.
An off-the-plan purchase occurs when a buyer commits to purchasing a property before it is built or completed. This is common for:
Apartments and townhouses
House and land packages
New residential developments
Investment properties
Buyers usually pay a deposit upfront, with settlement occurring once construction is completed and the property title is registered.
Off-the-plan contracts often include:
Sunset clauses
Variations in floor plans or specifications
Extended settlement timeframes
Developer rights and conditions
Deposit release clauses
We carefully review the contract of sale to ensure:
✔ Your deposit is protected
✔ The sunset clause terms are clear
✔ Construction timeframes are reasonable
✔ Your rights are legally safeguarded
If you are selling property off the plan, it is critical to ensure compliance with disclosure obligations and contract requirements.
We assist sellers and developers with:
Contract review and compliance
Vendor statement requirements
Disclosure documentation
Managing settlement timelines
Coordinating with buyers and financiers
Our goal is to ensure the transaction progresses smoothly and meets legal requirements.
Without proper legal review, off-the-plan transactions may involve:
Delayed construction
Changes to design or specifications
Valuation shortfalls at settlement
Finance approval complications
Contract termination disputes
Our experienced conveyancers provide clear advice and proactive management to minimise these risks.
Buying off the plan means purchasing a property before construction is completed, based on plans and specifications.
A sunset clause sets a deadline for construction completion. If the property is not completed by that date, either party may have rights to terminate the contract.
Contracts may allow minor variations. It is important to review these clauses carefully before signing.
Deposits are generally held in trust, but contract conditions should be reviewed to ensure protection.
Yes, settlement typically occurs after construction and title registration, which may take months or years.
A caveat remains until it is removed by consent, withdrawn, or legally challenged and discharged.
Yes. Off-the-plan contracts are more complex and require professional legal review before signing.
Easy Home Conveyancing is a trusted and client-focused conveyancing service dedicated to making property transactions simple, transparent, and stress-free.
11 Valere Street , Mickleham, VIC, Australia, Victoria
Mobile: 0412850551
info@easyhomeconveyancing.com.au
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