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 AUCTION PROPERTY- NEED ADVICE

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samchloe
post May 11 2012, 01:09 AM

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Michael, i am aiming for a low-medium house, leasehold. Defendant is an indian. Apparently not bumi lot. But, my lawyer said she handled a case in which an auction property from a non bumi lot, suddenly had to be transferred tobe a bumi lot. So the unfortunate non-bumi purchaser got into trouble with the deposit.

michael, is there a way i can get back my deposit if the title suddenly become under bumi quota for that Taman?

how long does it take for the transfer of the title for a leasehold property from one owner to another? 120 days enough or not?

thanks a lot. i learn things from you. done lot of homework past few days.
samchloe
post May 11 2012, 04:27 PM

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i

This post has been edited by samchloe: May 11 2012, 04:38 PM

 

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