Buying off the Plan?
A ruling in the District Court has cast doubts over the enforceability of “price escalation” clauses in building contracts. In Perera v Bold Properties [2023] QDC99, the Plaintiff succeeded in having the clause struck on three grounds: (1) uncertainty, (2) insufficient price escalation warning as required by the QBCC Act, and (3) unfairness, contrary to […]
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