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Due to unforeseen circumstances, we are unable to build the house on the land we bought. How will the Government view us selling without undertaking development?

April 26, 2017bought build circumstances government House land Selling unforeseen view

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Due to unforeseen circumstances, we are unable to build the house on the land we bought. How will the Government view us selling without undertaking development?

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The Government is most concerned about foreign interests acquiring residential real estate in Australia without complying with the development conditions. You must contact us to explain your circumstances. Your claims will be considered and a decision given to you on what action you should take.