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Sunset over a calm ocean, reflecting vibrant orange and pink hues. Clouds partially cover the sun, creating a peaceful atmosphere.

Sunset over a calm ocean, reflecting vibrant orange and pink hues. Clouds partially cover the sun, creating a peaceful atmosphere.

Understanding Sunset Clauses In Queensland: What You Need To Know When Buying Off The Plan

Buying property off the plan in Queensland can offer early access and potential savings, but it carries legal risks, particularly around sunset clauses. A sunset clause allows a contract to be terminated if settlement is delayed. New laws from 22 November 2023 restrict when developers can use these clauses for vacant land, strengthening buyer protections. Independent legal advice is essential before signing.

1 day ago4 min read

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