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

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jeflloyd
post Aug 21 2010, 01:11 AM

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Joined: May 2009


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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i have this similar case. The owner dont wanna sign the strata title because if she (malay) signs, it will be a bumi lot for a leasehold and it will be harder to be sell out. But, she explained that the strata title shouldt be a problem for transferring, how true could it be?

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