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 Owner and developer lost S&P agreement, How to solve?

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hanhanhan
post Aug 3 2017, 04:46 PM

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QUOTE(feiming @ Jul 28 2017, 05:34 PM)
Property under master title.
Currently owner is not the first buyer.

Both owner and developer lost S&P.
Property has been paid off long ago,bank don't have them.
Previous sales lawyer don't have them.

I was a potential buyer but didn't proceed because of S&P issue.
However,I'm still interested in this property. What can the owner do in order for them to sell the unit?
*
does anyone even have a copy of it?

just a photocopy.

if yes then u can lodge police report and do a surat akuan and get developer to certify that as the original.
hanhanhan
post Oct 9 2017, 02:23 PM

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very simple, just write in to developer to get letter of confirmation . for residential properties developer has to give u a confirmation (for rm53) on who is the owner etc. they have to keep a record.

for the lost SPA however need to get a photocopy of it, get developer to certify it as the original, lodge police report & surat akuan to say the original SPA has been lost.

if you're paying cash, u still may be able to do it.

if taking loan then good luck- most bank wont finance property w/o strata title after 8-10 years completion.


hanhanhan
post Oct 9 2017, 02:51 PM

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find another property to buy haha

 

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