Advertising Units For Sale In A Housing Scheme?
THE REAL ESTATE BOARD (DEALERS & DEVELOPERS) ACT, REQUIRES THAT YOUR ADVERTISEMENT MUST CLEARLY STATE:
The total floor area of each type of building units in the scheme.
The sale price of each type of building unit.
The precise location of the land and its physical features.
The estimated time of commencement and completion of the scheme
Whether contracts for purchase of units in the scheme include an escalation clause.
When and from whom approvals for the scheme were obtained.
When and where the plans, drawings and specifications may be inspected.
The composition of the walls, flooring and roof of each building.
The name and address of the developer of the scheme.
TO DO LESS IS TO BE IN CONTRAVENTION OF THE LAW AND TO EXPOSE YOURSELF TO SUBSTANTIAL FINES IF CONVICTED.
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