Joint ownership, Possible between muslim and non-muslim?
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 Mar 6 2010, 08:27 PM
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#1
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474 posts Joined: Nov 2007  
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i remember that all chargor of the property has to be bumiputra for the bumiputra discount.
u need to check with the developer sales team. they should know better. This post has been edited by merce: Mar 7 2010, 02:44 PM |
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Mar 7 2010, 02:39 PM
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#2
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Junior Member
474 posts Joined: Nov 2007
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QUOTE i remember that all chargor of the property has to be muslim for the bumiputra discount. u need to check with the developer sales team. they should know better. My bad for the miss-understanding. All chargor has to be Bumiputra status, to entitled the Bumiputra discount. If one of the chargor is not, then they r not entitled. Added on March 7, 2010, 2:42 pm QUOTE i remember that all chargor of the property has to be muslim for the bumiputra discount. u need to check with the developer sales team. they should know better. My bad for the miss-understanding. All chargor has to be Bumiputra status, to entitled the Bumiputra discount. If one of the chargor is not, then they r not entitled. This post has been edited by merce: Mar 7 2010, 02:42 PM |
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Mar 7 2010, 02:49 PM
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#3
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QUOTE(Aurora Boreali @ Mar 7 2010, 02:44 PM) Chargor is the borrower of money, right? So if the loan is borne solely by the bumiputra, then 7% discount is applicable regardless of a the race/religion of the property's joint owners? Am I understanding it correctly? chargor is the property owner, borrower is the loan borrower. the 7% bumiputra discount on SPA price has nothing to do with the loan. Even if the loan is taken up by a bumiputra, if the chargor does not hold a bumiputra status i doubt the developer will provide the discount. This post has been edited by merce: Mar 7 2010, 02:51 PM |
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