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vicky.max
post Nov 27 2023, 05:24 PM

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168 posts

Joined: Aug 2021


QUOTE(Aldo-Kirosu @ Nov 26 2023, 09:36 AM)
Once hammer falls, auctioned unit bank will paid to Auctioneer & agent. Bidder pay 0 to agent.

Do somebody asking fee from you?
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Can I get more clarification from you?
Is it bank will pay commission or auctioneer such as NCM, Ehsan etc. will pay?
vicky.max
post Jan 9 2024, 11:20 PM

Getting Started
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Junior Member
168 posts

Joined: Aug 2021


QUOTE(Afterburner1.0 @ Jan 9 2024, 04:51 PM)
Auction unit case: current owner No.2  bought subsale  from owner No.1 and now his unit is up for auction.
Called developer and they say Strata Title issued but original owner No.1 never bothered to do strata title perfection n sold it off to owner No.2.

Question: So as a new bidder ( potential owner No.3 ) for this auction unit, do I need to do double transfer or just one direct transfer where developer direct transfer to bidder who won this auction?
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This will be decided by the developer if they want to do direct or double transfer. Hence, before bidding, need to check with developer on their stand.

 

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