Alex received an offer from the developer, which are no legal fees required for his residential property purchase. He interprets it as no lawyer required in this purchase and he worries that no legal protection when anything happens. Is that true?
It is true that if you are buying new residential property under construction, the transaction needs to mandatorily use the prescribed contract format governed under Housing Development (Control & Licensing) Act 1966 of which the permitted changes are limited to the unique details and circumstances of the development project or any specific waiver by the Minister pursuant to the power granted under the law. These prescribed contracts are designed to protect the house buyers and to regulate the performance of housing developers in its delivery.
In these circumstances perhaps, the need of legal representation is low but it remains your right to have one if you so desired.
Probably, no legal fees meant by the developer, might be absorbed by the property developers as well.
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