Question on S&P/SPA (Completed Unit)
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 Jun 26 2022, 02:25 PM
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#1
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2,030 posts Joined: Oct 2011  
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QUOTE(Masdank @ Jun 26 2022, 02:13 PM) How about new property still under construction ? It must have the floor plan drawing,etc.. in the S&P/SPA right ? Different scenario. If you are buying under con / new project - there are required to provide the floor plan/drawing but then... how "specific" would be another matter because it varies from developers. Masdank liked this post
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Jun 28 2022, 04:00 PM
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#2
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2,030 posts Joined: Oct 2011
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QUOTE(Masdank @ Jun 28 2022, 03:24 PM) Is it a must by law to include the layout plan for that i purchased in the S&P ? Requested from the lawyer to include but was told if usually only include in S&P if it's condo or apartment type of property. Generally it will be subjected to Schedule G. Condo/apartment is Schedule H. Anyways, there's also floor plan requirement under the second schedule of schedule G so it should be there. Project not yet approved? |
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Jun 29 2022, 08:11 AM
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#3
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QUOTE(Masdank @ Jun 28 2022, 06:09 PM) The house is already under construction, ground and first floor, without the walls and roof yet. There's a letter attached in the S&P: notice of approval of building plans attached, i think is approved? In the first schedule (Copy of approved layout plan attach), only the site plan ( the drawing of the area, with sub lot numbers, road, ), sorry not in construction industry, but did google search "site plan", that should be called site plan. There's no floor plan for the unit that i going to purchased attached in the S&P. Site plan is Schedule 1. Schedule 2 should be the floor plan etc. That's weird though. What's in your Schedule 2 then? Should i be worried about this ?   |
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Jun 29 2022, 09:09 AM
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#4
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QUOTE(Masdank @ Jun 29 2022, 08:43 AM) Schedule 2 is Copy of letter of approval from appropriate authority. That's weird. The floor plan etc should be attached together no? The one I saw was with a floor plan  |
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