Hi,

I just booked 1 unit of the Univillage project. I called the developer's lawyer who would be arranging for the S & P agreement and the option to rent agreement.

This is my first time buying a project with Guaranteed Rental Return (GRR). The lawyer office said that they were instructed by the developer not to send a soft copy or hard copy of the S & P and the option to rent agreement to the buyer before the signing date. They expect the lawyer to explain and run through the agreement on the spot during the signing. One more thing, the lawyer office said that they are not allowed to release a hard copy of the Option to Rent to the buyers. The buyers will only sign the S & P agreement and not the Option to Rent.

Is this standard practice?

Appreciate your advice, dear forum members.