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 WTA : What's a strata title?, Info regarding strata title

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jcvstlys
post Mar 17 2011, 10:59 PM

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QUOTE(supercolossal @ Feb 5 2007, 03:55 PM)
Thanks a lot.
Usually how long does it take for the developer to release the strata titles to the owners, I've heard of some developers that release strata titles long after the building is completed.
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There's no certain timeframe. Some get it fast while some still didn get it even after 20 years of waiting

QUOTE(holly @ Jun 11 2009, 09:47 PM)
Hello sifus

I am new here and I am interested in purchasing this one apartment but apparently the seller doesnt have the strata title.  The strata title was issued by developer but the owner did not proceed to transfer the name to the title.

I was told by broker that it would took 6 months for the owner to get his name on the title before he can sell it, & another few months to transfer it to mine becos developer refuse to let us do direct transfer (according to broker becos developer 2 X fees)

Please advise if there is anything i can do or i should just give up & opt for other unit.

Thanks in advance!
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If it is issued by developer, you can try to ask the developer to issue it to you directly. Consult with your lawyer for this

QUOTE(fly44 @ Aug 16 2010, 09:02 AM)
This only gated and guarded project in that area, and is very high possibility of appreciation. Basically satisfy with the design, concept, facilities and etc. But I am doubt with the strata title.
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Strata title should not be a concern if you are confident of the place
QUOTE(arafat @ Nov 10 2010, 05:51 PM)
if i buy new leasehold apartment w/o strata title..will i be able to sell back few years later?
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Yes no problem. You'll need the deed of assignment

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