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What to watch for in a land-for-flats contract

Urban renewalPublished:

White modern residential building

From the share ratio to the handover date: clauses every contract should include.

In a land-for-flats deal, the contract sets the balance between the landowner and the contractor.

Share ratio

Which units go to which party should be written down with floor and facade details.

Handover and delays

The handover date and the late-delivery penalty should be stated clearly.

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