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Exactly. but in 2 days time the picture will be more clear as sunset date is 23 June. Thanks for the response guys. I will wait till I get a formal letter then will decide.

I did get legal advise as my conveyancer is a lawyer. I had a chat with him even 2 weeks before and he was saying that the agent can ask for another sunset extension but can not increase the price. But when I called the realestate agent yesterday to findout the progress then we came to know that...

Actually we bought it from a realestate agent and he had a contract with the builder. He has'nt declared himself bankrupt yet so how can he rescind? Can he ask for money legally after the sunset date?

Hi all, I bought a off the plan property in December 2012. Original sunset date was 23 December 2013 but the builder went in liquidity so we received a letter for sellers conveyancer to extend the sunset date for 6 months which we agreed as we bought this property to live in and sydney prices...