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Do we need copy of grant/strata title to do s & p?
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TSsamquah
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Jul 9 2010, 01:39 PM, updated 16y ago
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selling my office lot
the buyer called me up and ask me for a copy of grant, then only can do s & P..according to his lawyer?
i thought i only have to give him my previos s&p to do the new s&p?
and i dont have a copy of grant with me... holding by the bank
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albhong
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Jul 9 2010, 02:00 PM
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i think what he refer is title, if no title maybe use the deed. right ?
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TSsamquah
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Jul 9 2010, 02:03 PM
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what is deed?
but last time i sell all just give s&p
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airline
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Jul 9 2010, 02:07 PM
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this is condo or landed.
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jimmylim.uob
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Jul 9 2010, 02:07 PM
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New Member
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Cos his lawyer dont know how to get title...
Some lawyer will help u get the title but they charge inside the service...
=)
Ask your buyer come find me get loan... =)
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airline
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Jul 9 2010, 02:10 PM
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more like u desperate to get sales.
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TSsamquah
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Jul 9 2010, 02:15 PM
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but normal procedure, does seller need to give copy of strata tittle to do s&p?
s&p is a simple docu wat just for sale n purchase
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Skydrop
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Jul 9 2010, 02:23 PM
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The title will have more info of the property such as restrictions on transfer, whether it is charged to bank/financial institution, etc etc. So I think yes, that helps.
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TSsamquah
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Jul 9 2010, 02:29 PM
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so how to get the title?
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Skydrop
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Jul 9 2010, 02:35 PM
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QUOTE(samquah @ Jul 9 2010, 02:29 PM) Has the individual title been issued? if yes, I suppose your banker will have it because of the loan they gave you. Otherwise, you have to check with the developer.
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TSsamquah
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Jul 9 2010, 02:47 PM
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yes. the strata title has been issued. the bank has the ori for sure
can just call the bank and ask them to fax us a copy?
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Skydrop
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Jul 9 2010, 02:56 PM
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QUOTE(samquah @ Jul 9 2010, 02:47 PM) yes. the strata title has been issued. the bank has the ori for sure can just call the bank and ask them to fax us a copy? sure I guess, you are the customer
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TSsamquah
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Jul 9 2010, 02:58 PM
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thanks
but i still dont understand why the buyer lawyer need the title in order to do the s& p
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Skydrop
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Jul 9 2010, 03:17 PM
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QUOTE(samquah @ Jul 9 2010, 02:58 PM) thanks but i still dont understand why the buyer lawyer need the title in order to do the s& p  to make sure you are the legal owner of the property.
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leongal
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Jul 9 2010, 03:20 PM
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QUOTE(Skydrop @ Jul 9 2010, 03:17 PM)  to make sure you are the legal owner of the property. correct  the buyer's lawyer want to protect the buyer's interest.....and this is a common procedure
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TSsamquah
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Jul 9 2010, 03:25 PM
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but why last time the lawyer never give me a copy?
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leongal
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Jul 9 2010, 05:19 PM
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QUOTE(samquah @ Jul 9 2010, 03:25 PM) but why last time the lawyer never give me a copy? the lawyer doesn't give you the copy, they give it to your lawyer .....
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aku_ker
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Jul 9 2010, 07:39 PM
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Ask your buyer to ask his lawyer to check on the title from the land office. That is the normal procedeure. you only need to provide copy of s&p.
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TSsamquah
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Jul 9 2010, 09:56 PM
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QUOTE(aku_ker @ Jul 9 2010, 07:39 PM) Ask your buyer to ask his lawyer to check on the title from the land office. That is the normal procedeure. you only need to provide copy of s&p. exactly, this is normal case duno what the hell the buyer lawyer insist i get the copy of title
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SowYau
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Jul 10 2010, 09:10 AM
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has the buyer paid the upfront 10% selling price? If hasn't, then u should ask the buyer to get the CTC or Private Search of the title from land office, cost RM50 or RM30.
If he already paid 10%, the buyer's lawyer will liaise with your lawyer. Let the professionals deal with each other.
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