Greetings fellow members,
My first post here so please be patience with me...
I've been reading a bit lately on this forum particularly in relation to NRAS. I've been planning to buy NRAS OTP property and was wondering what conditions would be good to be included in contract to secure myself from unforeseen delays and possibly loss of NRAS incentive from government which I believe is pro-rata. Next year is the final year of NRAS and therefore I want to put some clauses in contract which will mitigate any delays if the delivery is not made in time. The property is going to be ready June/July next year. Appreciate any suggestions from experienced investors on this forum.
My first post here so please be patience with me...
I've been reading a bit lately on this forum particularly in relation to NRAS. I've been planning to buy NRAS OTP property and was wondering what conditions would be good to be included in contract to secure myself from unforeseen delays and possibly loss of NRAS incentive from government which I believe is pro-rata. Next year is the final year of NRAS and therefore I want to put some clauses in contract which will mitigate any delays if the delivery is not made in time. The property is going to be ready June/July next year. Appreciate any suggestions from experienced investors on this forum.