Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!
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 Jun 3 2013, 11:55 PM
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#1
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Junior Member
28 posts Joined: Jan 2010 From: Bandar Puteri Puchong  
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Wanna ask if we just bought a master title condominium, however the strate title is issued prior finalizing the process (after signing snp and loan agreement, executed by bank and pending redemption) do we incurred any additional cost like MOT or any others?thanks
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Jun 4 2013, 12:37 AM
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#2
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Junior Member
28 posts Joined: Jan 2010 From: Bandar Puteri Puchong
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QUOTE(DreamChaser85 @ Jun 4 2013, 12:09 AM) Yes, there will be MOT costs incurred as long as for (LEASEHOLD) : before consent is acquired from land office, lawyers will check with developer whether strata title been issued. if yes, the MOT transfer from master title to Strata title is compulsary before consent acquisition can be done with land office. Thanks for the advice , but this property is under freeholdAs for (FREEHOLD): not too sure *Pls consult a loan lawyer further regarding this matter *Pls advise if i'm wrong  |
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