Dear Sifu,
just recently pay a booking fee of my very 1st own house.
i went to the dev solicitors office and have the SPA back to my own view.
in the end got some doubts on it, hope sifu here can help help t clarify it. many thanks in advance 1st.
heres some basic details:
- is a 1.5 storey townhouse, which is completed 3 years ago, still under master title with the dev.
- according to the agent from the dev, they already submitted to apply from master to strata and approx issuance will be 2 years after.
- the solicitor are also act upon the bank loan which i currently apply.
my question as follow: (many thanks to sifu in advance for answering it)
1. is it normal that dev to charge us for the transfering of the strata title to my individual title after 2 years when they have the strata,
and if its normal, approximately how much they will charge on the SPA price of rm168500?
as the agreement stated like this.
- Upon the issuance of strata title to the said parcel and subject to the payment of the purchase price by the purchaser to the vendor in accordance with clasue 4 (which is manner of payment) and the observer of all the terms and condition herein provided, the vendor shall, within 21 days , execute a valid registrable MOT of the said parcel to the purchaser.
many many thanks.
if the question are anser, i deeply appologies, coz im still viewing back right now.
This post has been edited by maxwongsauwei: Nov 11 2010, 02:07 PM
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Nov 11 2010, 02:00 PM
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