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They went to a conveyancer instead who didn't point it out as being unusual or anything. I thought the whole situation odd and that's why I posted the question, to gain some insight and hopefully learn something, which I have.

OTP Ctd. Sorry Peter, but I only get told in dribs and drabs so, yes it is difficult. I saw them today and they are signing some sort of contract next week. I don't know if that is normal for an OTP purchase or not.

Thanks Aaron Thanks for that insight, when they told me about it I thought it sounded dodgy. I thought that if you were a big developer with a history you wouldn't need to be getting money off purchases to fund the build.

Hi guys need some advice... Friends put down a deposit for an off the plan unit in a development of 32 consisting of units and townhouses. They were told they had to pay progress payments... I thought with OTP developments it was deposit and balance at the end? I would appreciate hearing of...