THE next time you take vacant possession (VP) of your new home, you may want to thoroughly check that the property is indeed what you paid for. And if it is not exactly what was specified in the sale and purchase agreement (SPA), it would be best not to commence any work on it, especially if you plan to turn to the Tribunal for Homebuyer Claims for recourse. On Feb 10, the Federal Court made a landmark ruling on the scope of and powers of this tribunal, stating that it can only decide on claims against what was expressly stipulated in the SPA, and not based on the purchaser’s expectations o...