Off the plan
15 October 2024
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An off-the-plan purchase is a contract to purchase a home on a proposed lot in an unregistered plan of a subdivision of land.
An example would be the purchase of a unit in a unit block, where the unit’s individual lot and plan description will not be available until the strata title has been registered.
You do not have an off-the-plan contract to purchase if you have both a land contract and a building contract.