Verified reference points

New-build property before payment: seven registry and contract checks

A practical review of project parties, land, construction rights, the future unit, sales model, payments and timing.

Project and parties

  • date of construction authority and the applicable legal regime
  • customer, developer and contractual seller
  • land rights, designated use and permission
  • project records in the construction system

Future unit and sales model

  • special property right, encumbrances and guarantee share where applicable
  • a legally permitted funding route
  • precise identification of the unit and all material contractual terms

Money, timing and red flags

  • payment schedule and price changes
  • commissioning and handover
  • delay, termination and repayment
  • payment to an unrelated person, incomplete records or oral promises require the transaction to pause for review

Official sources

Review reduces uncertainty as at its date but cannot guarantee completion of construction or contractual performance.

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