|Off the plan developments are typically long term 12 months to 3 years in advance. However apart from the deposit there is no financial commitment from you until the construction is complete. It can be stressful at this stage as you may only have 21 or even 14 days notice to have the funds for settlement. Since lenders are often unable to get access for their valuers until the building is complete this can place undue stress on the settlement process. Check your purchase contract closely for this and seek legal advice before you sign.