We have made numerous improvements to the industry during our first seven years including the implementation of best practice guidance and training, as well as demonstrating our ability to take significant disciplinary action against companies found to be in breach of our rules.


safer marketplace for consumers and companies alike. And you can help play a role in this by asking your agent or developer if they are a member of AIPP to help spread the message that you, the buyer, value professional standards.


Protect Yourself


AIPP as a trade association can work with its members to provide and enforce professional behaviour, however there are actions you can (and must) take to protect yourself. It is important that even if the companies you are dealing with are AIPP members, you do not forget your responsibilities as a buyer. You would never attempt to purchase property at home without a lawyer, yet many people think that they can buy overseas property without legal help. For an uninitiated buyer already struggling with language barriers and unfamiliar legal systems, getting the appropriate help is vital. If you only follow one piece of advice, and this guide will provide you with many more, ALWAYS ensure that you appoint a


qualifi ed independent lawyer from the outset to guide you through the purchase from contract to completion. We have already helped many buyers with their


overseas purchases and we hope that this guide will give advice that can benefi t you as well. In our experience buyers who do their homework and inform themselves appropriately are in a far better position than those who don’t; many of the pitfalls can be avoided by taking greater care throughout the buying process. Buyers should always bear in mind that any investment naturally comes with an element of risk, and take all possible steps to minimise the chances of things going wrong.


By taking the advice on the following pages and ensuring you take care to safeguard your interests, your purchase can be a trouble free and enjoyable experience. Indeed the majority of overseas property buyers enjoy successful purchases and realise their international property dream. We hope you fi nd this guide a useful resource.


AIPP CONSUMER GUIDE 33


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