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I discovered that the area of the unit that I purchased is smaller than what was stated in the developers Sale & Purchase Agreement. What can I do?

April 26, 2017Agreement area Developer purchase sale smaller

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I discovered that the area of the unit that I purchased is smaller than what was stated in the developers Sale & Purchase Agreement. What can I do?

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Usually, the developer’s Agreement state that if the true area is less than the area stated in the Agreement, the purchase price will be adjusted for the difference in excess of 3% of the agreed area, at the rate which the purchaser paid for each square metre of the unit.