What is completion on notice?

Often the competition for specific plots means that buyers exchange contracts (ie enter into a legally binding agreement to buy the home) well before the developer can give a specific date when the building will be finished. 

In such circumstances, the developer and buyer will agree that completion will take place and the keys handed over on a date to be specified later, after the developer has given a number of days’ notice in advance that the property will be ready for occupation.

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