What type of agreement to secure a property price, Original flat owner did not keep promise
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 Apr 3 2017, 03:27 PM
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#1
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Junior Member
74 posts Joined: Nov 2008 
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What title problem is there? If the title is not out, you can buy the house first you know. And you can continue renting until the house belongs to you. It is called 'legal possession'.
Engage a lawyer for it. Make sure you choose the lawyer yourself. This post has been edited by firefly3x: Apr 3 2017, 03:28 PM |
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Apr 3 2017, 04:58 PM
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#2
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Junior Member
74 posts Joined: Nov 2008
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QUOTE(westley0214 @ Apr 3 2017, 04:43 PM) The flat that I plan to buy, it's title was "terbalik" with another unit on the same floor. Okay you mean title particular is incorrect. You can stil sign SPA while waiting for the title to be rectified, at least u can tie down the seller so he does not run away or change the price. Hope this helps.Meaning one floor has 5 flats, the flat that I plan to buy is No.14 (2nd unit from left), the title is written No.14, but according to the floor drawing, it should be No.18. Actual case: All number counted from left to right, Inside drawing: It counts in zig zag, meaning ground floor and 2nd floor counted from left to right, 1st floor and 3rd floor counted from right to left. Now they are engaging jurukur tanah and lawyers to settle this issue. Thanks for the advice. Just called a lawyer and will meet with him soon to discuss about the agreement with current flat owner.  |
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Apr 4 2017, 08:56 AM
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#3
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Junior Member
74 posts Joined: Nov 2008
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QUOTE(westley0214 @ Apr 3 2017, 05:03 PM) Is it risky to sign the SPA first? Because my concern is bank will not approve my loan due to title is not correct. You can apply loan first. No point signing SPA first, its a risk if suddenly u din get the loan. If the title is rectified, you can apply for supplementary letter offer from Bank to rectify the title particulars. |
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