if already about 7-10 years no strata title, usually most bank will not finance. if buy cash then of course no problem.

if master title still having loan with bank (in this case the bank is called the 'master chargee'), whenever the owner of a unit want to sell, the owner (the owner's lawyer will do) have to get a disclaimer letter from the master chargee.

basically that letter is to say 'whether for that particular unit, does developer still owe money to the bank for it?'

if they dont owe already (usually there won't be any monies owed) then the master chargee via the letter will say something like "ok i know this unit no monies owe already, i wont kacau ur unit if i foreclose the land (eg developer default on the loan)"

as a buyer, no issues on this master chargee thingy. the more worrisome thing is when the strata title will be issued - whether developer has submitted, or if they havent submit then why havent submit.