Browse Forums Buying Land 1 Apr 01, 2020 8:48 pm Team, I have signed a contract for a piece of land, which has a sunset clause of 18 months. I was initially told by the agent that the pegging of the lang will be done in April and registration in June. I have gone unconditional on soil test but our finance condition is linked towards pegging and is till in my control. There was an oversight from my side where I did not understand the completeness of the sunset clause and I went with agents word that land will be registered in June 2020. I am beginning to get anxious as i have to pay 10% of the total value next day after the pegging and the seller can technically take another 16 months (July 2021) to register the land with services. Also, i am not sure if the bank will be willing to wait that long to settle the property(approx 1 years since loan approval). What are my options, the seller is not ready bring the sunset clause down and i dont see any demolition / clearing of the trees happening at site. is it a common scenario will sellers? What are my rights? Ponzutwo All right, you called me out with the word "accidentally" but on the other hand it wasn't deliberate either on our part. It was more of a case of a dumb… 9 4071 Yeah I don't know why I came to a forum. Place is full of wierdos/pedos thought internet may help but I suppose I'll try my luck with someone in person. Cheers. I tried… 0 6911 Need advice on the backyard plan above. Should I excavate and cut all of the dirt to level with the house slab or semi-excavate as per photo above? Both left and right… 0 25628 |