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 Property Renovation, Charges?

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TSGenin
post Mar 29 2010, 06:43 PM, updated 16y ago

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I've recently sign Sales and Purchase Agreement for a property under construction. To my surprise, i noted a clause which stated when i'm doing renovation, I have to pay RM2000 as deposit, and only RM1500 will be refunded after completion of renovation.
When I ask where does the RM500 goes, they said it will be the professional cost as the management will give advice on where we can renovate??
I'm quite angered by their explanation, and was told verbally that it will be a one time charges only.

I've ask a friend of mine on the renovation for property they recently bought, there is deposit but full refund is given.


Would like to seek advice from readers, what can i do?
Can I change the clause? If i were to cancel the plan of buying the property due to this reason, it seems not worth it.

What are my rights? Is it normal for them to charge RM500 if i am doing simple renovation, e.g. just paint the wall?

-Dissatisfied-

This post has been edited by Genin: Mar 29 2010, 06:45 PM
airline
post Mar 29 2010, 07:18 PM

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paint wall can close one year.

some condo rm1000 deposit, 900 give back. eg if u use condo disposal box.
rm500 is gila though.

mont kiara u buy?
IGax2000
post Mar 29 2010, 07:26 PM

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this is crazy, if they take every house RM500, that's alot... shocking.gif
totally ridiculas doh.gif
Awakened_Angel
post Mar 29 2010, 07:29 PM

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QUOTE(Genin @ Mar 29 2010, 07:43 PM)
I've recently sign Sales and Purchase Agreement for a property under construction. To my surprise, i noted a clause which stated when i'm doing renovation, I have to pay RM2000 as deposit, and only RM1500 will be refunded after completion of renovation.
When I ask where does the RM500 goes, they said it will be the professional cost as the management will give advice on where we can renovate??
I'm quite angered by their explanation, and was told verbally that it will be a one time charges only.

I've ask a friend of mine on the renovation for property they recently bought, there is deposit but full refund is given.
Would like to seek advice from readers, what can i do?
Can I change the clause? If i were to cancel the plan of buying the property due to this reason, it seems not worth it.

What are my rights? Is it normal for them to charge RM500 if i am doing simple renovation, e.g. just paint the wall?

-Dissatisfied-
*
I stayed in few condo before... one thing irritate me is that they tend to suck as much money from tenants from as many way as possible....
b00n
post Mar 29 2010, 09:04 PM

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There's actually no way if you've signed the S&P as technically, you've agreed to the "contract".
The only way is to be friend friend with the management team handling that and hope they close 1 eye.

 

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