Hi,
Hopefully you guys can help me. My situation is I've signed a SPA to buy a subsale property. I've already signed the Letter of Offer from my Bank and now just waiting for the proper documentation to released the funds.
The owner just informed me that she has received the keys, VP letter and CCC from the developer (Sime Darby). I instructed my lawyer to start the process of releasing the funds, changing title etc.
Will the bank released the funds with just a CCC letter or do i need to wait for the CFO from the local council?
If bank can released the fund with just the CCC, is it advisable to take possession of the house without the CFO?
A new buyer here .. apologize for the ignorance.
Regards
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Dec 14 2011, 03:46 PM
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