Gale55 replied to the topic Selling PPOR to Developer (Call option vs Call & Put Option vs Normal Sale) in the forum Help Needed! 9 years ago
Thanks very Much for your reply Terry.
Yes my intention is to lock in the developer and not give them all the control with a call only option (esepcially for a 24 month period).
I haven’t’ seen a Call Option contract’s T&C’s but I’d imagine it will include a clause that a sale will only go ahead under certain circumstances eventuate (i.e a…[Read more]
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Gale55 started the topic Selling PPOR to Developer (Call option vs Call & Put Option vs Normal Sale) in the forum Help Needed! 9 years ago
Hi All,
Apologies if this question has been posted elsewhere but my situation is:
1. My parents own a PPOR house (and block of land) that sits in a zone that has been recently declared as a High Residential/Mixed Use zone by the NSW Dept of Planning (not the Local council)
2. Currently there is only a Floor to Space ratio (FSR) of 1:1 which…[Read more]
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