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 Need advise for late father's property

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cherroy
post Nov 18 2015, 10:08 AM

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This is quite a common problem for ignorance of title transfer.

Quite common for strata property, and never know the importance of title transfer completion.

They thought after they fully paid the property loan, the property title belonged to them. doh.gif

There are many strata property stuck in no man's land due to the buyer never initiate or completed the strata title transfer.

Some even want to save money on stamp duty or legal fee, and don't want to do the strata title even though developer has subdivided the property, and once the developer company dissolved, buyer has lot of headache already.
Really facepalm on those kind buyers mindset...
cherroy
post Nov 18 2015, 01:53 PM

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QUOTE(iranadia @ Nov 18 2015, 12:38 PM)
Hi, from the documents that we have, it shows that my late father has paid everything including the lawyer fee, stamp duty, etc. couldn't remember whether the title transfer settles before my father's passing or after my father's passing. called the S&P lawyer but they said they have no documents to refer to as they have destroy everything after 7 years of keeping those documents. not sure whether they tried to contact him at the old address (the place doesn't exist anymore) but we didn't receive any letters from them at the current address either. Everything happens when I was in kindergarden/primary school and this thing was never discussed to us. We have been living in that house until recently there's a proposal to redevelop this area. sad.gif
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I had similar story that being told by my relatives.

Try to help her by look through the documentation, found out those were loan related lawyer fee and stamp duty, nothing to do with the strata title transfer.
Her ignorance of need of transfer now make her property in no man's land.
Developer liquidated already, while she had no strata title, now cannot sell the property nor transfer the property to her family members.

Buy a car, everyone know must take care the car aka register the car, so that one is the legal owner of a car.
But buying a hundred thousand worth of property, a number of people don't "take care' their property, aka ensure they are the title owner of the property.
cherroy
post Nov 20 2015, 11:00 PM

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QUOTE(iranadia @ Nov 20 2015, 04:50 PM)
Okay. Here's the latest update. It turns out that the property has not yet transferred to my father's name. After some research, managed to track down the Developer (luckily still in business) and ask them about the original strata title. After checking, it's with them! For now, they have advised me to go to JUPEM, jalan semarak (bahagian pusaka kecil - because the property is below 600k), have to fill in forms to appoint 'pentadbir' then with the documents, have to engage lawyer, etc.. still a long way to go.  cry.gif
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You are very "lucky" that developer still available and master title is with them properly. smile.gif

 

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