Quote:
Originally Posted by redangel7861
Hi Skip.
I am aware that some people had reservations whether Hania was freehold or leasehold and if there was a restriction on re-sale of property. I also have been informed of the following:
1. Hania is freehold;
2. You can sell when you want;
3. You can sell to whom you want.
Regards
RED  |
According to Zeiad in another thread, resale of freehold property is not legally allowed for 5 years. The only way around it is to revoke the contract with the developer, meaning that you can only sell to them. Unless the fact that it is
shared freehold alters things. I will ask in the apropriate thread.
The Due Dilligence also states that you have to offer the developer the option to buy first in the first 5 years. But then the Due Dilligence also says it's leasehold
