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Ricky300
post May 13 2011, 08:46 AM

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Have a query here.

Under progress of purchasing a condominium (completed in 2008)
Yesterday the agent informed me saying that the developer called the owner (seller) telling him that he haven't transfer the property under his name.
According to the agent, it will takes roughly bout a year for Owner (seller) to get rid of it and transfer to my name.

My question is since he already purchased the property at the beginning, shouldn't be the title owned by the owner but not developer?

As per my agent, he told me that in order to solve this:-
1) Developer transfer to Owner then Owner transfer to me (takes 1 year -WTH)
2) Developer directly transfer to my name (Not sure can or cannot)

This post has been edited by Ricky300: May 13 2011, 09:22 AM
Ricky300
post Jul 21 2011, 09:53 PM

Regular
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Senior Member
1,514 posts

Joined: Jan 2003
From: Earth


Hi dariofoo,

Please advise me.

Direct purchase from Owner without involvement of Agent. However, My brother is the actual buyer. I'm just the middleman (Different State)

Owner requested for a 2% deposit to seal the deal.

Questions:-
1) Any document that can bond the Owner and My Brother for this 2%?
*Please note that my brother is not physically present for the deposit. Can I sign behalf of him? What sort of documents needed?

2) Can I ask my brother lawyer to submit the cheque (2%) to the Owner/Seller?
*Brother in Ipoh (Lawyer also Ipoh) however Seller in KL

Thanks in advance


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