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ABC News
ABC News
Business

Prospective buyers shocked to be issued rescission notices from property developers, despite change to ACT law

Despite numerous complaints and a law change to protect buyers almost a year ago, Canberra investors are still being issued rescission notices on their off-the-plan property purchase contracts.

Among them is Elley Clayton, who purchased an off-the-plan apartment from 3 Property Group's Allegro apartment complex, before receiving a rescission notice last month.

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