Off-Plan Property

What is a Long Stop Date in Off-Plan Construction?

What is a Long Stop Date in Off-Plan Construction?

A long stop date is a contractual clause often included in off-plan property agreements. It sets the ultimate deadline by which a property must be completed and ready for handover. If the developer fails to meet this date, buyers have the right to rescind the contract and, in most cases, claim their deposit back. This clause primarily benefits buyers, offering them protection against excessive...

What is a "Put Option" in a Property Contract?

What is a “Put Option” in a Property Contract?

When thinking of options in financial markets, most investors associate them with stocks or commodities. However, options also exist in property investment, providing unique strategic opportunities for investors. In this article, we’ll explore the concept of a "put option" in property, how it works, its benefits, and why investors may choose to use it. Understanding Put Options in...

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