Yes, the law explicitly states that the procedures for termination and retention do not prevent a purchaser from seeking recourse to courts or arbitration. This is particularly relevant if the developer abuses their powers during the termination pro…
Yes, the law explicitly states that the procedures for termination and retention do not prevent a purchaser from seeking recourse to courts or arbitration. This is particularly relevant if the developer abuses their powers during the termination process. A purchaser may also seek to terminate their relationship if the developer materially deviates from agreed specifications or if the unit is found to be unfit for use due to material construction defects. This provides a vital legal safeguard for investor rights.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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