Buyers Anti-gazumping Provision

  • When a seller accepts an offer from a buyer and the seller subsequently accepts a higher offer from another buyer for more money the first buyer has been gazumped.
  • If you buy a house sold through the Home Owners Plan™ (the seller has signed a Sale Contract / our Legal Department will add the buyers name) you will NOT BE GUZUMPED:
    • IMPORTANT POINT: You (the buyer) will be protected by our Buyers Anti-gazumping Provision (peace of mind).
    • If you buy a house sold through the Home Owners Plan™:
      • We will only accept your offer conditional upon you (the buyer) exchanging contracts and paying our Legal Department a 5% Sale Deposit within 6 weeks from the date of our Acceptance Email.
      • We will not sell the house you want to buy to someone else for more money than you have offered.
      • Time being of the essence Albani reserving the right to deal with other buyers at any time conditional upon this timetable not being adhered to.