EXTENSION!

Today is the day that we are meant to pay our 39k deposit for our section.

But our lawyer has asked the seller for an extension as he wants us to check with the council to see if there are any developmental fees that may be imposed on us when we start building. This is because the developer may NOT have paid all his council fees etc - and if we buy the section when there are still council fees to pay then we won't get our code of compliance unless we pay the fees ourselves. And that could cost up to 30k.

Therefore, if you are purchasing a section then you should ALWAYS have a Developmental Clause in your contract.

So now we have to wait another week for our due diligence clause to run it's course - but if it saves us money then I'm not complaining.

Besides, our Lawyers the man. Go Mr Maharaj!