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 LAD Claim, Cost to engage legal representation

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BEANCOUNTER
post Dec 31 2017, 09:47 PM

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QUOTE(hbLIM @ Dec 31 2017, 09:44 PM)
LAD is calculated based which date as starting date?
Booking date, SPA date or SPA stamping date?
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The date you paid the full 10% deposit.
BEANCOUNTER
post Dec 31 2017, 09:54 PM

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QUOTE(hbLIM @ Dec 31 2017, 09:50 PM)
Mean i need to keep a record from my bank transaction when developer deduct the 10% or else will to use receipt/credit notes date.
Am I right to say so?
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Yes.

Rightfully the day u paid 10% you must signed spa and dated as such.

I know many developers dont do that...whether on purpos or play ignorance.
BEANCOUNTER
post Dec 31 2017, 10:02 PM

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QUOTE(hbLIM @ Dec 31 2017, 09:59 PM)
Ic. Thanks for the info.

I bought 1 project whereby the 10% deduct first.
Then sign SPA a few days later when official launch.
SPA stamping a few weeks later.

Need to dig the payment date and keep it.
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Few days ok lah....cannot be chun chun de.

Stanping date is irrevent in claiming lad.
BEANCOUNTER
post Jan 1 2018, 09:22 AM

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QUOTE(hbLIM @ Dec 31 2017, 10:06 PM)
I read some where mention booking date.
Then can claim even more if calculate from booking date.
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Unless u paid 10% booking fee only lah....

Dun tell me when you paid 2k or 1k to a property then i can claim ownership of the said property jor.

Like that all developers por chan lioa.
BEANCOUNTER
post Aug 12 2018, 10:23 AM

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QUOTE(genchwan @ Aug 12 2018, 10:07 AM)
anyone knows how long does it take for procedure of submitting borang 1? Thinking about submitting it during lunch break instead of taking leave
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you also need to be there in person when the hearing date is fixed.
BEANCOUNTER
post Mar 12 2019, 03:34 PM

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QUOTE(madman20 @ Mar 12 2019, 03:29 PM)
What's schedule H ya? Sorry
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look at your SPA, on second page....top part......it will say what schedule your purchase is.

honestly two or three months delay, how much LAD you will get?
BEANCOUNTER
post Mar 19 2019, 08:13 PM

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QUOTE(dannychen @ Mar 19 2019, 05:38 PM)
it still depends on how the tribunal president rule it. no point relying on their officer's information.
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Yoi need to fully pay the 1st 10% to be considered as purchase the property and therefore the date thereon.

The only time the date started from booking fee is when the developer will cover the rest of money for the 1st 10% deposit.

If you paid the full 10% earlier than spa date, the former shall prevail. Make sure you have official receipt.

Of course there will be different opinions here on the effective date to claim LAD.

 

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