I would like to share what I know so far, as I have read my SPA.
First of all, this property does not fall under HDA because its commercial title hence, SPA does not follow HDA requirement. Basically means developer can draft the SPA the way they want to. In this case, the SPA is really loop-sided... I admit I did not read properly before I signed. Lesson learned.
The SPA has clearly stated the VP can be issued after CPC (certificate of practical completion) is out. CPC is issued by architect that says the building is completed. Basically to say the architect is verifying that the contractor has built the building according to Building Plan. CCC on the other hand, is the replacement of CFO which means the house is now fit to stay (i.e. all the relevant authority, TNB, Syabas, Architect..... says its DONE). Only standard SPA under HDA states CCC as requirement for VP. This is not under HDA.
But again, since the Architect of this project has issued CPC, developer has all the rights to VP but of course they are putting the reputation in jeopardy. Rightfully, I should be delivered a
house (unit) that is fit to
stay (be used). And it seems some projects has VPed since September 2015 but the project has yet to obtain CCC. So, you cant do much besides wait and burn your wallet every month. I'm equivalently worried to as mine was VPed in January. Developer mentioned verbally CCC is expected for my block (Block D EC) 6 months after VP.
Looking at solely the SPA, Developer has done nothing wrong legally. As an owner, what I can do now is to hammer them with defects. Make their life difficult.
In the meantime, I'll source legal action if can once I have had a look at my unit and seek for more advice around.
What i mention above, i stand corrected.
I'm not knowledgeable on how this can go about, i'm just sharing what i knew, please feel free to add constructive ideas/opinions.
fixed.
a very structured response. now this is a rational way to look at things. solely based on the SPA as it is also the only document that binds the buyer and seller.
it it true that DLP is only 6 months or rather retention under stakeholder is only 6 months? if it's true. then wish you all the best.