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Old 13-06-2008, 03:23 PM
kk1974 kk1974 is offline
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Join Date: Mar 2008
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Quote:
Originally Posted by JakeB View Post
Ok sorry misunderstood.
My fault too. When I re-read my post, I've seen that its no wonder that you took it wrong way. That's the problem with written communication...

Quote:
Originally Posted by JakeB View Post
I was talking hypothetically.I have a newly rented new unit and was wondering what would happen if I wanted to sell within the three years.
It does seem however that anyone with any intelligence will know that any 'discount' will be added on anyway before its taken off.
It would depend on your contract and the rent you are charging. I would guess that lets say in 2 yrs time the rents would go up significantly, while you wont be able to increase for more then 5% (unless the law changes again).

In that case it will be very hard to sell it for its full value.

Btw, is there any reason why you took 3 yrs contract?

For 1yr contracts it would be easy to find the buyer, provided the rent is levelled with the market rate.
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