About This Timeline
- Fixed dates (exercise deadline, stamp duty deadline) follow directly from your OTP terms and the Stamp Duties Act.
- Estimated completion is typically 8 to 12 weeks from exercise — it depends on how quickly financing, legal work and any outstanding redemptions clear, so treat it as a planning range, not a promise.
- Unlike a new launch, exercising a resale OTP makes the OTP itself the binding contract — there's usually no separate Sale & Purchase Agreement to sign.
- If you don't exercise within the option period, the option fee is forfeited and the seller is free to re-list the property.
Send These Dates to Darren on WhatsApp
This opens WhatsApp with your dates pre-filled — you review and send it yourself. Nothing is sent automatically.
This timeline provides a general estimate only. Always confirm exact dates and deadlines with your lawyer.