Freehold but need consent from state authorities
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 Feb 15 2013, 02:06 PM
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#1
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Senior Member
3,024 posts Joined: Jan 2003  
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At least should put in case consent not obtain within (how many months) from date of SPA, vendor need to fully refund the 1st 10% to you. I am facing the same issue now and 1st application rejected and now in process to appeal...
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Mar 14 2013, 10:16 AM
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#2
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Senior Member
3,024 posts Joined: Jan 2003
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QUOTE(pekoejazzy @ Mar 14 2013, 07:52 AM) Hi brianccg, hi, i have not get the consent yet as the vendor's solicitor just submitted last month and according to my lawyer said another 1-2 months wait. Have you got he consent at last? Was the current owner a bumi owner? Yeah, I have made sure in the draft SPA that this clause exist, 4 mths with extension of 2 mths. Otherwise deposit fully refunded.  Yes, the owner is bumi but the land title did not stated it is Bumi/Malay reserve land. Good luck to both of us.  |
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Mar 14 2013, 10:18 AM
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#3
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Senior Member
3,024 posts Joined: Jan 2003
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QUOTE(peri peri @ Mar 14 2013, 08:54 AM) Adding extra clause in SPA and expecting other party to honour when default? Thats simple? Just prepare for another of headache for demand of payment later. Life still needs to go on regardless GE, dont tell me you stop working, stop eating and stop breathing when election is around the corner?BTW, GE is near, which authority is free to entertain your appeal? Our beloved Khalid is busy sorting date to dissolve state cabinet. So, who will sign for u. LoL, pardon me Always be positive  |
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Mar 14 2013, 10:35 AM
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#4
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Senior Member
3,024 posts Joined: Jan 2003
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Haiz... you can talk whatever you want. And I dont need your so called politic refreshment course... leave it to yourself..haha
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