Sales Descriptions of Uncompleted Flats

After public consultation in 1994, the Law Reform Commission reported
in April 1995, recommending the introduction of legislation to require
developers to provide sales literature with clear and accurate descriptions
about uncompleted properties put on sale, and to impose penalties for
non-compliance. The government completed extensive consultation with
property developers and relevant professional bodies on these
recommendations. In general, they supported the spirit of the
recommendations, although there were comments on the proposed level
of penalty for breaches. The government has studied these comments
carefully and aims to introduce appropriate legislation in 1998.

 

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