I need some advice regarding some legal issues on buying property. Hope you can assist.
Scenario is as follows:
1. This is a freehold landed property
2. Individual title is ready but owner has not transferred it to his name., i.e still with developer.
3. It's a bumi lot.
My question:
1. Is it possible to do a double transfer directly from developer to new buyer's name?
2. Bumi Consent i understand could take 3-9months, is that true?
3. Assuming everything goes well, when is the fastest to conclude the deal, i.e from title transfer -> bumi consent/SPA -> loan disbursement.
Thank you in advance for your kind advices.
And apologize if you have answer it somewhere else, but there are over 111 pages, my eyes got
Nov 10 2012, 11:13 AM
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