Buying off the plan.

I am looking to buy a property in my SMSF off the plan – am I able to pay the deposit by an indemnity guarantee or deposit bond or should it be paid in cash?

A: Thanks for the question.


It’ll depend on the wording of the deposit bond or bank guarantee.  If you’re using a Limited Recourse Borrowing Arrangement please get some good advice from an experienced super lawyer.


I hope this helps.

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