hi dariofoo,

I've a property still under transfer to new ownership period. The purchaser lawyer require me to sign a power of attorney for purchaser to sign on behalf to transfer the strata title to their name.For now, we still pending for purchaser bank to release first disbursement to my bank loan. As i hardly understand the law jargon in their contract, is this procedure legal necessary? i don't want to end up in trouble.

thanks dariofoo,

My own lawyer says this PA contract is to allows them to transfer the strata title of this property without hassle to get my signature after property transferred. This is special request by purchaser. They will not advice bank to release 1st disbursement until i sign this document. That is why i feel unsecured of this procedure.

This post has been edited by mcwong: Apr 3 2012, 11:32 AM