Thanks so much Dario.. you have been a great help to many of us who actually do not have much experience. It is easy for some unethical agents and also lawyers to manipulate us. For my case, the lawyer was actually recommended by the agent with the promise of 50% discount on the fee which i guess he eventually would jack up the disbursement to cover the 'loses'....

Anyway my biggest mistake was to hire the lawyer from the agent.. if i would have gone through the post earlier I would have realized how important it is to get the right lawyer.

I have one more query, if lets say the owner actually bought with bumi discount, does he or anyone of us need to pay back the discounted amount since it is sold to a non bumi?

You can still do a transfer subject to charge - assuming that there's an individual title. The financier may also require you to execute a supplementary agreement whereby you solely undertake to pay the monthly instalments. Diff banks may have diff procedures.

Is it really necessary to change ownership now when essentially (and realistically speaking) the 'owner' of the house is still the bank

This post has been edited by dariofoo: Mar 31 2011, 03:21 PM

It's ok. It's never too late.

Nope. Discount is discount and no one needs to pay

Good luck

Need some info on strata title for my apartment.
After i have paid all legal fees for the strata title, what is suppose to happen next? I made payment in 2008 but have not received any word on the title since.. sorry... i'm a first time property owner..

Dario,




My mistake.It's an individual title.So,any difference? Did they charged me twice?

Clarified with them 2 days back.Transportation fees changed to RM 100 & Misc changed to RM 100 as well.
The total now is RM 1772.

i really don't know how to explain and very tired keep chasing the farking bank...

my completion date is 6th april and until now still not yet release the first payment to vendor's bank which the bank lawyer advised on 21st march...

the bank lawyer also delay, just waiting for undertaking letter from developer which they request on 21st feb....they only get the letter 16th march...every week i also got ask how...they say waiting letter lar, then on schedule...

this make me frust and give them a high node to them....keep on schedule but now near completion date......i did not delay my payment for them, even the valuation report.

almost 2 weeks, the farking bank still not release which i keep chasing my mortgage agent and don't know why the drawdown dept still pending....usually take 5 working days will release the payment...now 2 weeks already...

yesterday i keep chasing and today also chase...i really don't know who can i fark them except my mortgage agent which she already chase for me...

my s&p lawyer told me that i got 3 more weeks buffer after completion date coz vendor's lawyer delay on redemption letter but still not enough time coz after release first payment, they still need to do second advise to release the final payment and re-assignment...

i really don't know what to do as i cannot chase my lawyer and bank lawyer as now waiting for bank to release as the mortgage agent just cannot do anything but just help me chasing ...

If one individual title then only one discharge of charge would be required. Unless there's 2 charges on the property? Can't be...

Misc can only be RM50 maximum la boss. Even RM51 also prohibited. Check out the SRO which I uploaded. If they still don't understand it then point out to them that part of the SRO which says so.

This post has been edited by dariofoo: Apr 1 2011, 10:25 AM

If got another 3 weeks after April 6th I think you can make it in time. Keep the faith,mate

when we renovate in a major way,ie we change the structure of the house,do we need the side neighbours approval?

You need the approval of the Town/District Council (Majlis Perbandaran/Daerah) first before anything.

hi.. i would like to know what is the requirements / procedure for a foreigner to buy a property in KL? whats the difference between buying by foreigner and buying by foreigner & local? thks.

As a foreigner, U get v much more benefits under the MM2H scheme. So if ur a foreigner, U should perhaps look and read about the MM2H scheme.

checking now, million thanks!

I compiled some information MM2H - it's in my other home pc. When I get home I'll perhaps open a new thread and post them here and U can take it from there

Hai

i just got place my fees for a landed house, in the middle of looking for loan from bank
i received a call from the lawyer firm that my S & P is ready to be collect, then only i found out that
the developer have requested me to sign the so called part of the S&P letter and send it to the lawyer to process the S &P
my question is is this acceptable? if any dispute on the S & P, can they change or amend the content? or it is fix for all?

thanks

Hi all, on new property which is still under Master Title, bought from developer, how to know whether its a BUMI lot or NON BUMI lot?
In the S&P? Deed of Mutual? Any written docs? I'd checked mine but can't find. Plz help, tq

but i thought before you obtain the council's approval,you need to submit a floor plan to your neighbours,both sides,front and back?also,a written agreement with signatures that signifies consent needs to be submitted prior to receiving the approval from them.that's what mppj requires,is dbkl any different?

You would have to comply with FIC guidelines. Took the liberty to download it for you as it is quite lengthy. This one is up to 2008 so there might be some amendments to date. I would suggest calling the relevant authorities whose contact number is right at the end to get further clarification.

 FIC_Guideline.pdf ( 91.78k ) Number of downloads: 9


Tinkerbel is right about the MM2H thingy, but there are conditions to be fulfilled before one can even apply for MM2H. Once you're in the programme, you do get perks for purchase of property, among others. Here's a read which I came across which might be helpful. There's a contact number as well for further enquiries.

 mm2h3.pdf ( 81.31k ) Number of downloads: 7


Good luck

I don't quite follow you, sorry. Are you saying that the developer has not signed it yet but has requested you to do so first?

Well, if you're really concerned, you can:

a) Initial on every single page;
b) Ask the lawyer to make a photocopy of it after you sign it and counter-check it afterwards when you receive the stamped copy.

Hope I understood what you asked correctly. If not, do clarify again and I'll get back to you