Reviewing a commercial unit sales contract before you sign

Published 2026-11-12

1. Check the parties' details, the seller's capacity and its ownership of the land or its right to sell.
2. Review the unit description precisely: number, floor, area and its place in the building.
3. Read the price terms and payment plan: down payment, number and dates of instalments, and what happens on late payment.
4. Fix the agreed handover date and the clauses on late delivery.
5. Ask for the handover specification: core and shell, semi-finished or fully finished.
6. Ask about maintenance fees, the owners' association and registration, and who pays them.
7. Have a lawyer review the contract before signing, and keep a signed copy of every document. This article is general information, not legal advice.

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