QUOTE(ORIZ @ Aug 9 2013, 12:59 PM)
Onky whats stipulated in the spn between seller n buyer is binding. Developer and first buyers terms not binding on subsale unless stated la in the new snp.
tis is the truth and nothing but the truth, legally speaking.
warranty, dlp period, defects rectification is only applicable between dev and 1st buyer.
it is not transferable like car warranty for subsale buyer. u will lose in a legal battle.
however, in practice, some devs keep their reputation and honor 18 or 24mths dlp for 1st, 2nd buyer, so far... in line with the spirit of the housing ministry act (2009, i think).
but perhaps due to some crap devs knowing many speculators active, they can save cost by ignoring subsale buyers during the dlp period. we all know they are greedy.
the implications are:
. a good dev will honor the dlp whether 1st or 2nd or 3rd buyer whereas a shitty one will want to save cost
. if subselling, never put in the spa org buyer will "transfer" dlp as u hv no right, u have to bear if dev dun care
. if sub buying, beware n u know tis
. best is org buyer fix all defects before selling to subsale buyer
i say tis from experience, all the best to both buyer and seller.

if u dun believe that, pls check hba, hda, ministry, etc...
This post has been edited by AVFAN: Aug 9 2013, 08:59 PM