🏛️
🏛️ Politics
Government seeks to ban developers from raising apartment prices after signing contracts
The latest version of the developer bill would ban price increases on apartments after a purchase agreement is signed. The rules would also limit the ability to withdraw from contracts, change unit handover procedures and increase developer liability for defects. Lawyers warn the ban could apply even to contracts signed before the law takes effect, and the developer sector cites risks from overly broad regulations.
Comments
No comments yet
Comments
No comments yet — be the first to weigh in 👇
No comments yet. Be the first!