Double Transfer help
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 Mar 8 2018, 10:44 PM
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#21
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Newbie
3 posts Joined: Mar 2018 
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QUOTE(hanhanhan @ Mar 5 2018, 03:20 PM) judging from what your lawyer said, developer does not allow direct transfer. Ooo..ok.. TQso means you have to transfer the title to your name (MOT) and gadai to the bank (MOC) first. once that's done, then only you can apply for consent to sell (to the buyer).  |
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Sep 14 2021, 11:44 AM
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Senior Member
1,387 posts Joined: Feb 2006 From: 192.168.1.1  
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QUOTE(hanhanhan @ Mar 5 2018, 03:20 PM) judging from what your lawyer said, developer does not allow direct transfer. questionso means you have to transfer the title to your name (MOT) and gadai to the bank (MOC) first. once that's done, then only you can apply for consent to sell (to the buyer). how long timeline can be taken for this to be done? if didnt do the double transfer, what happend? |
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Sep 14 2021, 07:56 PM
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#23
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All Stars
14,511 posts Joined: Sep 2017
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QUOTE(corallinkz @ Sep 14 2021, 11:44 AM) question Is difficult to state a standard timeline as the process involve few people ... developer, seller, buyer, bank, lawyer, lhdn and land office.how long timeline can be taken for this to be done? if didnt do the double transfer, what happend? If the transfer is not completed, the buyer wont be the legal owner of the property. In short, he is not the registered owner and the property is still in the name of the seller. |
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