Can anyone explain it to me with this clause for my S&P :

All outgoings and expenses payable in respect of the ownership and/or use of the Property, including all quit rent and maintenance charge in respect of the Property shall be apportioned between the Vendor and the Purchaser at the date of payment of the full Purchase Price by the Purchaser to the Purchaser's Solicitors.

Is it mean that i also liable to pay any outstanding for those fees.E.g. Vendor/owner still have outstanding of RM5,000.00 for quit rent,maintenance fees , and etc.Is it i have to pay as well?It will be unfair to me if i have to pay the cost that has been incurred by the vendor/owner.

In the clause also did not mention anything pertaining electricity,water and Indah Water bills.Who should pay for this o/s before the transaction complete/paying all the balance purchase price.Appreciate any reply.

apportionment of outgoing means where a payment has been made in advance by the vendor that is payable by the purchaser also

example : quit rent and assessment for the year 2009 RM 600
-Completion of sale and purchase June 2009
-Venod must pay the full amount in order for the loan to be
released
-thus purchaser must refund the vendor RM 300

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Added on May 20, 2009, 10:06 pmhowever you must note that purchaser ARE NOT LIABLE TO PAY FOR ANY OUTGOING BEFORE THE COMPLETION OF THE SALE AND PURCHASE AGREEMENT except for certain auction cases

This post has been edited by falcon867: May 20 2009, 10:06 PM

Thanks Falcon.

sorry, a bit out of topic
mind to share

if i miss the S&P agreement when i want to sell my house since this is 20 years ago
how?