Sunset Clause: The Hidden Time Bomb

Today we take a look at a headline that caught our attention back
in 2022.  


A Queensland couple lost their home after the developer invoked
the sunset clause – abruptly ending their contract. 


What in the world happened and what can YOU learn? 


We talk about sunset clauses – what they’re used for, why it’s
unfair for first home buyers, how developers use them to their
advantage, and more!


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside! 


 


Episode Highlights: 
What are Sunset Clauses? [02:57] The
unfairness of developer contracts [08:22] How
sunset clauses protect developers and misguide home buyers
[10:54] When construction delays are considered
‘illegal’ [14:44] The lesson with sunset clauses
[18:20]

 


Links from the show: 


Queensland couple ‘shocked’ by loss of dream home

Ep 62: Should First Home Buyers Buy Off the Plan?

Ep 23: Questions You Must Ask Your Conveyancer with Jennie
Tonner



 


If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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