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  • Profile photo of pandibabipandibabi
    Member
    @pandibabi
    Join Date: 2006
    Post Count: 4

    Hi Terry,

    This is what's in the contract:

    This Contract is subject to and conditional upon the Seller registering the Plan under the Land Title Act 1994 and establishing the Scheme under the Act on or before a date that is 3 years after the Contract Date ("the Sunset Date").
    13.2 Seller's Obligations
    The Seller must take all reasonable steps to register the Plan and establish the Scheme by the Sunset Date.

    I have gone through the contract and cannot find any date mentioned in the contract, so my next logical step is getting in contact with the the councils/government body to find out when the plan was registered/approved.

    Profile photo of pandibabipandibabi
    Member
    @pandibabi
    Join Date: 2006
    Post Count: 4

    Hi
    Thanks for the replies so far, I am having my lawyer look at it. I got the letter after the contract was signed. I have looked through the contract myself and cannot find any time frame or specific date under the Settlement or Sunset clause of the contract which I find unusual in itself. I will also be contacting the local council regarding the building plans lodged with them

    Thanks all

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