Topic: Block ban lifted as developer signs 20-year guarantee

Tagged: Chandler, defects, occupancy, orders, Skyview, Toplace

This topic has 1 reply, 2 voices, and was last updated 5 years, 1 month ago by .

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26/07/2021 at 11:18 am #57336 Reply | Quote
Jimmy-T
Keymaster
Developers and real estate agents are free to market and sell apartments in the controversial Skyview apartment block in Castle Hill, with NSW B
[See the full post at: Block ban lifted as developer signs 20-year guarantee]

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26/07/2021 at 6:14 pm #57343 Reply
kaindub
Flatchatter
Caveat Emptor

I don’t know the full details, but the guarantee is only in place as long as the development company is solvent.

We see it regularly where developers go broke only to phoenix.

The building commissioner can’t close this loophole as its covered by the Companies Act, which he has no jurisdiction over.

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Reply To: Reply #57343 in Block ban lifted as developer signs 20-year guarantee

PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.