QUOTE(phase2Bowner @ Aug 8 2018, 01:03 PM)
I bought phase 2B. Anyone knows the best way to claim back LAD? The houses are not taken possession yet. Can we file tribunal now? Since the housing loan is not fully released to developer. Can we deduct the loan due to developer to offset the LAD due to us? When would be the best time to file tribunal?
Yes, Dannychen is right. You need to first obtained CCC (previously known as CFO) before filing for Tribunal.If possible, try to look for those 2A/2C owners which went through Tribunal process. Maybe they can give you some advice to tackle this developer.
For your question of deduct loan, i believe this is between you and bank.
If i'm not mistaken, you can write letter to bank request deduct principal of you loan through mail. Of course with strong supporting reason, such as developer dragging from release.
It subject to bank on approve your request.
Hope this info able to help you a little bit.