Can i withhold the last 5% payment to the developer due to defects in the common areas of the condominium property?

Answer :



    answered on 28/07/2018

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    The sale and purchase agreement should provide for a one-year defects liability period during which a developer has to rectify the defect at his own cost. This can be done after you send the developer a written notice. Regardless, you should write in to the developer to see whether they can rectify the defect whether it is patent or latent. A civil lawsuit should be the last resort.

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