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First it was “embedded networks” now it’s the pre-sale of management rights – it seems there are some NSW developers who don’t miss a trick when it comes to squeezing a few extra bucks out of naïve apartment purchasers. In most states, it is illegal for developers to lock strata schemes into contracts before the first AGM …
https://www.flatchat.com.au/contract-con-trick-2/The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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