QUOTE(vevex @ Dec 21 2012, 11:54 AM)
Thanks allwerp!! I managed to get to Ms Soo Lee.
She was kind enough to explain the situation (let me lay them down):
* late interest are being charged because mah sing indeed receive the payment(s) later than permitted period; it's a policy set in their system and can't be avoided
* however, mah sing understand the actual situation that purchaser / financier may not be blamed, because most delays was due to the duration needed for transfer of title (individual title has already been released way ahead of time to Mahajaya and transfer takes a lot of time; and payment can't be released to Mahsing because title not under their name)
So, she advice purchaser to send them a simple email requesting waiver for late interest (email should contain lot no., name, ic, contact no). The email will trigger their investigation and if all late interest was due to title-transfer-delay, they will be waived totally.
Oh no! Looks like I need to compile all my bullets now. I foresee will kena later as my bank has yet to release despite due last week.
My lawyer said is due to MS has yet to complied certain documents required per the SnP. Who knows, they might say otherwise later.
Added on December 21, 2012, 6:18 pmQUOTE(vevex @ Dec 21 2012, 11:54 AM)
Thanks allwerp!! I managed to get to Ms Soo Lee.
She was kind enough to explain the situation (let me lay them down):
* late interest are being charged because mah sing indeed receive the payment(s) later than permitted period; it's a policy set in their system and can't be avoided
* however, mah sing understand the actual situation that purchaser / financier may not be blamed, because most delays was due to the duration needed for transfer of title (individual title has already been released way ahead of time to Mahajaya and transfer takes a lot of time; and payment can't be released to Mahsing because title not under their name)
So, she advice purchaser to send them a simple email requesting waiver for late interest (email should contain lot no., name, ic, contact no). The email will trigger their investigation and if all late interest was due to title-transfer-delay, they will be waived totally.
Oh no! Looks like I need to compile all my bullets now. I foresee will kena later as my bank has yet to release despite due last week.
My lawyer said is due to MS has yet to complied certain documents required per the SnP. Who knows, they might say otherwise later.
Added on December 21, 2012, 6:19 pmQUOTE(vevex @ Dec 21 2012, 11:54 AM)
Thanks allwerp!! I managed to get to Ms Soo Lee.
She was kind enough to explain the situation (let me lay them down):
* late interest are being charged because mah sing indeed receive the payment(s) later than permitted period; it's a policy set in their system and can't be avoided
* however, mah sing understand the actual situation that purchaser / financier may not be blamed, because most delays was due to the duration needed for transfer of title (individual title has already been released way ahead of time to Mahajaya and transfer takes a lot of time; and payment can't be released to Mahsing because title not under their name)
So, she advice purchaser to send them a simple email requesting waiver for late interest (email should contain lot no., name, ic, contact no). The email will trigger their investigation and if all late interest was due to title-transfer-delay, they will be waived totally.
Oh no! Looks like I need to compile all my bullets now. I foresee will kena later as my bank has yet to release despite due last week.
My lawyer said is due to MS has yet to complied certain documents required per the SnP. Who knows, they might say otherwise later.
Added on December 21, 2012, 6:23 pmQUOTE(vevex @ Dec 21 2012, 11:54 AM)
Thanks allwerp!! I managed to get to Ms Soo Lee.
She was kind enough to explain the situation (let me lay them down):
* late interest are being charged because mah sing indeed receive the payment(s) later than permitted period; it's a policy set in their system and can't be avoided
* however, mah sing understand the actual situation that purchaser / financier may not be blamed, because most delays was due to the duration needed for transfer of title (individual title has already been released way ahead of time to Mahajaya and transfer takes a lot of time; and payment can't be released to Mahsing because title not under their name)
So, she advice purchaser to send them a simple email requesting waiver for late interest (email should contain lot no., name, ic, contact no). The email will trigger their investigation and if all late interest was due to title-transfer-delay, they will be waived totally.
Oh no! Looks like I need to compile all my bullets now. I foresee will kena later as my bank has yet to release despite due last week.
My lawyer said is due to MS has yet to complied certain documents required per the SnP. Who knows, they might say otherwise later.
This post has been edited by Antzfield: Dec 21 2012, 06:23 PM