What Should I Check in the Contract to Secure Refund Rights?

Independent lawyers and clear milestones are essential. A strong off‑plan contract should link every payment to verifiable construction milestones, specify the exact unit and plan, and spell out refund rights if the project stalls or the developer misses deadlines. Look for a written schedule of payments tied to completed work, a bank or escrow arrangement for funds, and any completion guarantees or penalties for delays. The document should also specify what happens if design changes occur, whether you can terminate, and how refunds are calculated and paid. Make sure specifications match the project’s publicly stated plans, and include remedies if the site lacks required permits or if occupancy would be delayed beyond a reasonable timeframe. Above all, require independent legal review and insist the contract clearly states what part of the price is refundable, under what conditions, and how changes are approved.