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 Master to Strata problem, Procedure

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ulala2
post May 19 2016, 10:51 AM

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From what i read on all the message, i think you should check on the following:-

1) In previous, did the developer submitted the strata title application to Land Department?

2) If not, any letter or documentations allow JMB to proceed the application?

3) If the Master Title still charged to bank, there must be some sort of arrangement between appointed lawyer and bank where bank need to temporary discharge on the master title, there will be some sort of undertaking between the lawyer and bank where most of the case when title issued, only bank lawyer can collect the title, then they will lodge private caveat into the individual title.

4) However, if the master title is free, then title will be collected by the lawyer on-behalf of JMB. However, if there is any private caveat charge to the title for individual unit, those title will be forwarded to the bank safe keeping, until the owner clear their loan.

5) If the application just about to submit, the situation become even worst, Land Department imposed a rule to change the "syarat" in the master title to be more specific prior to issue the strata title. For example, Tanah ini hendaklah digunakan untuk maksud bangunan perumahan bagi tujuan apartment sahaja[I][U].

6) If now just to issue the title and transfer to your name, it will be good for you to check on the common property listing and share unit, this will affect your payment of sinking fund and maintenance fees.

7) Also, pls check is there any accessories parcel allocate?

8) Make sure all the information in the strata title is correct, unit no, name and so on.

Hope this can help you.

This post has been edited by ulala2: May 19 2016, 10:52 AM
ulala2
post May 19 2016, 11:05 AM

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QUOTE(Yveatel @ May 19 2016, 10:58 AM)
Isn't that's normal where bank charges on master title will follow to all individual title automatically during application? The Land Office will query, but as long as there is letter of concern from bank, the application can continue.
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From my understanding, the strata title application will not get approval from the Land Department when it still charged to bank. The master title must be free, however private caveat is allow.

The private caveat only take effect when changing of "syarat" in the master title.
TQ


ulala2
post May 19 2016, 12:19 PM

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QUOTE(Yveatel @ May 19 2016, 12:12 PM)
I got case in Selangor where bank charge follows from Master Title to all 3 strata titles (large area)
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As i mentioned, there will be some undertaking between bank and lawyer in order to do that.
For example, when title issued, only bank lawyer to collect, subsequently, they lodge and charge back the title.



ulala2
post May 19 2016, 12:38 PM

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QUOTE(aspartame @ May 19 2016, 12:26 PM)
Can you elaborate on what you mean in point 5) above? From my understanding, transition from master title to strata title, everything remains the same except individual owners now have separate titles. What is this change in "syarat" about? Does it happen in every application from master title to strata title? Thanks
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This is fren of mine from developer side told me, recently, Land Department WP & Selangor imposed this condition prior to issue the strata title application.

His case as follow:

QUOTE
Original Syarat: Tanah ini hendaklah digunakan bagi maksud bangunan perdagangan sahaja.

Revised: Tanah ini hendaklah digunakan untuk bangunan perdagangan bagi tujuan pejabat sahaja.


This steps normally take about 3 months or more to complete, means strata title will be further delay.

This post has been edited by ulala2: May 19 2016, 12:39 PM

 

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