Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Stamping Date - SPA

views
     
gks
post Aug 3 2016, 03:00 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(BEANCOUNTER @ Aug 3 2016, 02:54 PM)
the date they inserted later de....after the directors signed their parts.
I never signed any SPA with date pre printed before buyer signed.
*
in this context... that is where the developer took advantage of buyer

Some projects... developer only return the dated + stamped SPA 4-5months after you sign it.

Effectively, the contractual completion date is shifted by same duration. For some... they may just miss the juicy LAD.

gks
post Aug 3 2016, 03:17 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(BEANCOUNTER @ Aug 3 2016, 03:04 PM)
have you ever signed any new property SPA where the date is printed on SPA before buyer put a stroke in SPA?
*
No.. that is where some developers take advantage where they only sign and stamp the SPA and return it few months later.

In fact... almost like 99% of documents that I signed without date pre-chop on it.


gks
post Aug 3 2016, 03:48 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(peri peri @ Aug 3 2016, 03:30 PM)
next time dont do this, must insist the lawyer to get it done properly or elase report to BAR for action, exercise your right
*
In fact... lawyer should get the developer director to sign first because. They are the party that offer buyer to buy.

However this is Malaysia...
gks
post Aug 3 2016, 04:20 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(peri peri @ Aug 3 2016, 04:19 PM)
in this context, because lawyer is executing the SPA on behalf of developer, hence, its ok for developer to sign off later but not without a date
*
Based on your experience, could you share how we can impose the lawyer to date the document prior to our signing?

gks
post Aug 3 2016, 04:28 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(peri peri @ Aug 3 2016, 04:22 PM)
check and ask them why. So far non of my SPA and Loan doc are left empty for date. I'm very particular to this
*
Ok next time will do this!

 

Change to:
| Lo-Fi Version
0.0209sec    0.24    6 queries    GZIP Disabled
Time is now: 24th December 2025 - 05:48 AM