Facing some problems and wanted to seek advice from the gurus here.
Will not be naming the developer involved.
A and B paid a booking fee of 5% for an option.
A realized that he is not able to proceed with the purchase of the property. B finds C to purchase the property together.
Qn 1: I understand that the OTP is not assignable or transferable. What are the options for B and C to proceed with the sale, i.e. exercise the OTP? Can the old OTP be repudiated and replaced with a fresh one with B and C's names?
At the show flat, sales agent guarantees that a particular room will be sold exactly as what is seen. After OTP was given and booking fee of 5% was paid by A and B, it becomes apparent that the show flat is NOT the same as the unit plan for the unit in question. Let's just say that the size of the room is not the same and instead of a glass wall (as shown in the showflat, and which is what SOME units get), the unit in question does not have a glass wall. Also, an island table is not in the same position as seen in the showflat (and similarly, which is provided for other units - except this one).
An 2: Bearing in mind that the agent said that "what you see is what you get" in respect of the show room and the said unit, are there any options available for the purchasers?
Sigh... THANKS GUYS... if anyone can help...