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Cheated by real estate agent, its my first house and its end up a mess
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pekoejazzy
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 Mar 14 2013, 07:48 AM
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Getting Started
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If the owner is bumi, does it automatically make it a bumi lot? I've read through the scenario in this thread that the buyer is facing and no where it is mention that inside the land title it clearly stated that is "bumi lot", except its in Bukit Jalil (freehold with consent) and previous owner is bumi.
I have a concern here, nearing to Snp signing for a landed property:
1. Title is freehold with consent
2. Owner is bumi owner
3. Checked the title and is non-bumi lot
4. Landed property (not strata title)
Is this a high risk to proceed on?
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pekoejazzy
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Mar 14 2013, 01:42 PM
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Getting Started
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QUOTE(peri peri @ Mar 14 2013, 09:09 AM) ^ The guy above me, ^ Freehold with consent for bumi owner doesn't means is bumi lot Its just because the land title matter which the bumi owner for the said lot having a restriction from land office in term of disburse. Some sort like lock in to prevent them from goreng goreng pisang. Standard guidelines for disburse is 5 years. After 5 years, either the owner itself appeal to waive or the next owner go and appeal. Hi Peri, That's great that you share this point with me. The owner is the first owner of the house and they bought the house (directly from developer) since 1986. So I guess the 5 year thing does not apply. Now is the long (hopefully not too long!) waiting period  |
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pekoejazzy
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Mar 18 2013, 05:42 PM
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Getting Started
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QUOTE(peri peri @ Mar 14 2013, 09:09 AM) ^ The guy above me, ^ Freehold with consent for bumi owner doesn't means is bumi lot Its just because the land title matter which the bumi owner for the said lot having a restriction from land office in term of disburse. Some sort like lock in to prevent them from goreng goreng pisang. Standard guidelines for disburse is 5 years. After 5 years, either the owner itself appeal to waive or the next owner go and appeal. Hi Peri, Since the 5 year period is over, what are the chances of getting an approved consent from S'gor gov? What is this waive about? is this to waive the restriction away so that the restriction will not appear in the land title or the restriction is still here to stay even after consent is given? There are 2 options now: 1. appeal to waive (remove the restriction) 2. apply for consent (the restriction stays) Is this understanding correct? |
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