Article (12) states that the area of a sold unit is generally deemed correct, and developers cannot charge for excess area found after handover. However, if there is a shortage in the area, the developer must compensate the purchaser. According to t…
Article (12) states that the area of a sold unit is generally deemed correct, and developers cannot charge for excess area found after handover. However, if there is a shortage in the area, the developer must compensate the purchaser. According to the implementing bylaw, this compensation is only mandatory if the shortage exceeds five percent (5%) of the net area. In such cases, the refund is calculated based on the unit price agreed upon in the original sale contract.
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