Hi All,
Does anyone know if you put a deposit on apartment, the developer had the money funded by the bank to start the construction but instead he onsold it to another developer.
Apparently the new developer is going to build a different design and has asked the real estate agent to send me back my deposit. I have called the department of fair trade who can't even tell me what my rights are as the sunset clause date is finished in August 2018,
I have actually asked a few lawyers and not one has gotten back to me if I have a case as the price has gone up by approx $200,000.00. The law was changed in Nov 2016 and the developers now have to go to the Supreme Court and explain why they can be released from the contract, But no one can answer my question.
Can anyone help me or guide me to where I should go get legal advice,
Thank you