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How common are build over agreements?

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december2020 · 07/08/2023 10:06

We're hoping to purchase a house that has a build over agreement.
It would be the first time we'd own a house that has a build over agreement - so is a new thing for us.

I've tried to google but I can't any information on how common they are and any watch outs about them - just what they are and why they're put in place.

So I was hoping anyone with encounters around this could share their experience?

How common is a build over agreement and what are the big watch outs?

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